New Tax deducted at Source & Tax Collected at Source Update

New Tax deducted at Source & Tax Collected at Source Update : CBDT 

CBDT extends due date certain TDS/TCS Statements

Central Board of Direct Taxes extends the due date for submission of certain Tax Collected at Source or Tax deducted at Source TDS Statements. Due date for filing of TCS or TDS statements in Form Nos. 27Q, 26Q & 27EQ for first quarter of Financial Year. 2023-24 has been extended to 30th Sept, 2023.

CBDT extends due date Rate of Tax Collected at Source to 1-Oct-2023

Central Board of Direct Taxes made an important changes in Liberalised Remittance Scheme payment and New Tax Collected at Source Rate applicable from 1 Oct 2023!, Finance Ministry has postponed the implementation of increased rate of Tax Collected at Source rate (on overseas spending will now be implemented three months after) to 1-Oct-2023 instead of proposed 1-Jul-2023.

TCS Rate Chart & Overview - TCS Vs 206C(1)(1F)(1H) v. TDS Vs 194Q

TDS & TCS Rate chart for FY 2024-25

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