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…
Revised TDS Rates for FYs 2024-25: What You Need to Know from October 1, 2024
The article outlines the revised Tax Deducted at Source (TDS) rates that will be applicable from October 1, 2024, for the financial years 2024-25. It highlights key changes in TDS rates across various income categories, including salaries, interest, dividends, and contractual payments. The revisions are part of the government's ongoing efforts to streamline tax collection and compliance. Taxpayers and businesses must stay updated with these changes to avoid penalties and ensure accurate tax deductions. The article serves as a practical guide for financial planning and tax management.