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Tax collected at Source News
Tax collected at Source
Online travel agents can deduct 1% tax collected at source: CBEC
Tue, Aug 08, 2017
Online travel agents fall in the category of e-commerce operators and can deduct 1 % tax collected at source (TCS) under the GST, the Central Board of Excise and Customs (CBEC) said on Tuesday.
GST rollout: TDS, TCS provisions postponed for E-commerce companies
Mon, Jun 26, 2017
The Ministry said that persons who will be liable to deduct or collect tax at source will be required to take registration, but the liability to deduct or collect tax will arise from the date the respective sections are brought in force.
GST: Relief for e-commerce companies, not to deduct TCS from July 1
Mon, Jun 26, 2017
Finance Ministry has given more time to the E-commerce companies to prepare for the GST and tax collection at source (TCS) under the new levy will be started later. GST will be implemented across the country from July 1.
Govt removes 1% TCS on cash purchase above Rs 2 lakh
Thu, Mar 23, 2017
The government has done away with the 1 % tax on cash payments of over Rs 2 lakh for purchase of any goods or service after it banned cash dealings above that limit from April 1.
E-commerce companies to pay up to 1% TCS under GST
Sun, Mar 19, 2017
Industry has been expressing concern over the TCS provisions saying it would mean a lock-in of capital and also dissuades companies from selling through online aggregators.
Planning to buy gold? Here's why you should buy it before April 1
Mon, Feb 20, 2017
Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods.