Tax Deducted at Source (TDS)
Kochi- The widening of Banerji road will start from Monday by the Delhi Metro Rail Corporation (DMRC) as a part of the next phase of preparatory works for Kochi Metro. The work on the project has already been started and the contractors have started mobilizing resources required for the work. As per metro officials, the road [...] Continue Reading »
The Central finance minister has announced the removal of one per cent tax deducted at source (TDS) on any transaction of immovable property in India. All the developer’s associations in India has welcomed the decision as it will reduce the tax burden from the buyers of properties in India. Earlier in Budget proposal, the finance [...] Continue Reading »
Finance minister has proposed for Tax Deducted at Source (TDS) to all who buys immovable property (other than farm) worth Rs 50 lakh or above in cities and Rs 20 lakh in other areas, must withhold tax of 1% of consideration. And the buyers should provide the proof of remitting the 1% tax in time [...] Continue Reading »
Bangalore Metro Rail Corporation Ltd.(BMRCL) recently received a notice on account of failing to deposit Tax Deducted at Source (TDS). Situations are being turned from bad to worse for Bangalore Metro as the foundation of it is loosing complete grip. All these days it was the revenue of these feeder buses and the rumors of [...] Continue Reading »
