Tag: new tax rates

How new TDS limit will benefit taxpayers and seniors – CNBC TV18

[ad_1] Finance Minister Nirmala Sitharaman’s Budget 2025 brings some important changes to the Tax Deducted at Source (TDS) rules. The government has proposed increased thresholds for TDS under various sections. These changes aim to reduce the compliance burden, especially for small taxpayers. Here’s an overview of the proposed revisions to TDS thresholds across different payers. […]

Exclusive | GoM proposes price-based GST on readymade garments and luxury fashion – CNBC TV18

[ad_1] The Group of Ministers (GoM) on rate rationalisation under Bihar Deputy Chief Minister Samrat Chaudhary on Monday (December 2) proposed revised tax rates for readymade garments based on their price ranges, sources in the know told CNBC-TV18. As per the recommendations, readymade garments costing up to ₹1,500 would attract 5% GST, and those between ₹1,500 […]

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