Tag: TCS on Foreign Remittance 2025

India’s Budget 2025 has brought significant changes to the TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) framework, effective from April 1, 2025. These revisions aim to simplify compliance, reduce tax deducted upfront, and ease the burden for individuals, freelancers, landlords, and e-commerce participants. 1. TDS on Salaries TDS on salary continues…