Budget 2024: Taxpayers to get relief as TDS default rules proposed to be eased

Budget 2024: Taxpayers to get relief as TDS default rules proposed to be eased

Budget 2024 introduces much-needed relief for taxpayers by easing the rules for initiating prosecution proceedings in cases of TDS defaults. This move aims to streamline tax laws and reduce the litigation burden on taxpayers. Currently, tax laws consider delays in the payment of taxes deducted at source as a criminal offence if not paid or … Read more