Latest TDS and TCS Amendments Affecting Businesses in FY 2026-27
The financial year 2026-27 marks a significant shift in India’s TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) framework with the implementation of the new Income Tax Act, 2025. Businesses, professionals, and tax deductors must understand these changes to ensure timely compliance and avoid penalties. 1. Introduction of New TDS and TCS […]