Banking Companies to Deduct TDS Only Above Threshold, Clarifies Income Tax Department
Definition Under New Income Tax Act, 2025 Aligned With Banking Regulation Act
New Delhi, March 30: The Income Tax Department on Monday clarified that banking companies governed by the Banking Regulation Act...
banking companies
banking regulation act
citizens
financial year
income tax
income tax act
interest income
post office deposits
section 402
section 51
senior citizens
taxdeductedatsource (tds)
tax law
tax threshold
x platform
WazirX Launches Flat-Fee Subscription Model for Crypto Trading
New Delhi, March 26 – Crypto exchange WazirX has introduced a new flat-fee subscription model as part of its platform relaunch, aiming to reduce trading costs for retail investors amid growing digital asset adoption in India.
New...
New Delhi, March 25 – The Life Insurance Corporation of India (LIC) announced on Wednesday that it had received a substantial tax demand from the Income Tax Department for the financial year 2021-22.In a statement filed with regulatory authorities, LIC said that the Income Tax Department's...
assessment
financial reporting
financial year 2021-22
income tax
income tax department
interim bonuses
jeevan suraksha fund
life insurance corporation of india
negative reserves
regulatory compliance
sebi listing obligations
section 80m deductions
stock exchange disclosure
taxdeductedatsource (tds)
tax demand
New Delhi, March 25 – The Life Insurance Corporation of India (LIC) announced on Wednesday that it had received a substantial tax demand from the Income Tax Department for the financial year 2021-22.In a disclosure in a regulatory filing, LIC stated that the assessment unit of the tax...
appeals
commissioner of income tax (appeals)
financial year 2021-22
income tax department
interim bonuses
jeevan suraksha fund
life insurance corporation of india
negative reserves
nse stock price
regulatory filing
section 80m
stock exchange disclosure
tax assessment
taxdeductedatsource (tds)
tax demand