3 天之前 · Tax collected at source (TCS) is the tax payable by a seller which he collects from the buyer at the time of sale. Learn everything about TCS like its rates, payment, applicability, exemption and example.

If the provisions of section 206CC is applicable to a specified person, in addition to the provisions of this section, the tax shall be collected at higher of the two rates provided in this section and in section 206CC.

Calculate shipping rates for TCS Express courier and logistics services.

TCS Rates Chart FY 2024-25: This TCS rates chart tables shows the rates of tax collected at source (TCS) for different financial transactions during the financial year (FY) 2024-25 and assessment year (AY) 2025-26. 1) TCS will apply only in …

2023年6月29日 · TCS (Tax Collected at Source) has been raised to 20% for all remittances except those related to education or medical treatment. For education and medical treatment abroad, a 5% tax will be imposed on amounts exceeding ₹7 lakhs. The increased TCS rate of 20% will be applicable from 1 July 2023 onwards.

Average rate of Tax + Health & Education Cess (Surcharge if Salary > 50 Lacs) TDS as per Tax Regime selected by employee. If not selected, TDS deduction as per New Regime. Senior citizen : Rs. 50,000 p.a. Others : Rs. 40,000 p.a.

In this blog, we will walk you through a comprehensive guide on Tax Collected at Source, highlighting applicable TCS rates, important due dates, the additional payments required if those due dates are missed and other crucial details.

2025年2月12日 · The TDS rate chart outlines the relevant provisions of TDS and TCS relating to residents and non-residents, incorporating herein the nature of payments, threshold limits for tax deduction and the applicable rates of TDS for different classes of recipients.

Central Board of Direct Taxes (CBDT), Department of Revenue, Ministry of Finance & Government of India.

TCS RATE CHART FY: 2023-24 (AY: 2024-25) Updated on 03.04.2023 Section Nature of Payment Existing TCS Rate (%)