Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
CBDT releases Revised TDS Rate Chart for AY 2025-26
The Central Board of Direct Taxes (CBDT) has released a revised TDS rate chart for the Assessment Year 2025-26. The updated chart includes changes to TDS rates for various categories of income, reflecting recent amendments to the Income-tax Act. The revised rates aim to simplify tax compliance and ensure accurate tax deductions at source. The CBDT has also provided detailed guidelines for implementing the new rates, helping taxpayers and tax professionals understand the changes. The revised TDS rate chart is available for download on the CBDT’s official website. Taxpayers should review the updated rates and guidelines to ensure compliance and avoid penalties. The proactive approach will help navigate the evolving tax landscape effectively.