The budget announcement that a provision relating to tax collected at source, or TCS, will be amended to benefit taxpayers, in fact, doesn't offer any relief at all. The tax deducted at source, or TDS, doesn't get actually reduced with this new amendment.
Budget 2024: The TCS credit against TDS on salary is a toothless provision
livemint.com - 28 Jul 2024 07:31
The budget announcement that a provision relating to tax collected at source, or TCS, will be amended to benefit taxpayers, in fact, doesn't offer any relief at all. The tax deducted at source, or TDS, doesn't get actually reduced with this new amendment.
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