Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...

Companies are urging for the removal of tax deduction at source (TDS) and tax collection at source (TCS) on GST transactions in Budget 2026 to simplify compliance and reduce costs.

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC) has urged businesses to file their return forms relating to taxes to be deducted or collected at source (TDS and TCS) for September to ...

New Delhi, Jun 26 () With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ...

Rather than extending broad-based tax cuts, Budget 2026 eases compliance requirements, rationalises TCS and offers relief on ...

The GST Council on July 11 is expected to clarify on the TCS liability of suppliers engaged in ecommerce trading through Open Network Digital Commerce in cases where multiple operators are involved in ...

The Goods and Services Tax (GST) Council is set to clarify the Tax Collected at Source (TCS) liability of e-commerce suppliers on 11 July. The announcement comes as part of a discussion about the Open ...