Page 43 - Tds News Today

The crypto industry players assert that the virtual and digital assets (VDA) industry was looking forward to slashing of capital gain tax rate and TDS, however, their hopes have not been dashed, albeit pushed to a later date

Telephone and Data Systems, Inc. (NYSE:TDS – Get Free Report)’s share price dropped 5.2% during trading on Monday . The company traded as low as $19.02 and last traded at $19.03. Approximately 365,128 shares were traded during trading, a decline of 52% from the average daily volume of 767,267 shares. The stock had previously closed […]

ISLAMABAD: Power Distribution Companies (Discos) are likely to seek more raise in their tariffs owing to recent...

Writing the tax code for any industry is no easy task. The challenges only get compounded if the industry in concern is in its nascency—rapidly evolving and still some years away from its full potential.

The Interim Budget 2024, will be presented by the finance minister, Nirmala Sitharaman, on February 1, 2024. A few key steps as suggested by CII that would help to rationalise and simplify taxes are as follows.

In order to comprehend income-tax related changes that could be rolled out in the forthcoming Budget 2024, it is imperative to understand these ten terms.

Budget News: Finance Minister Nirmala Sitharaman is all set to reveal the Interim Budget for the fiscal year 2024-2025 (FY25) on February 1, 2024. The travel and tourism sector is expecting certain bonuses from the upcoming Interim Budget 2024, including focus on domestic tourism, technology integration, GST input credit, TDS removal, financial aid, marketing and promotion campaigns, and promotion of sustainable tourism.

Cryptocurrency industrys representatives urge the authorities to reduce the 1 percent tax levied on VDA transactions and 30% capital gains tax. They also insist that a regulatory framework with regards to digital currencies is the need of the hour

The Carter Center is a nongovernmental organization that helps to improve lives by resolving conflicts; advancing democracy and preventing diseases.

Telecom infrastructure providers are seeking availability of input tax credit, an increase in tax depreciation rate, and rationalisation of TDS provisions in their Budget wishlist. Measures to facilitate ease of doing business will increase investment and contribute to the industrys long-term growth. The telecom infrastructure industry is also seeking government support for the availability of input tax credit on telecom towers and the rationalisation of TDS provisions on purchase of electricity...