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Monday, April 13, 2020

Concessional rates can be taken for TDS against salary

The Central Board of Direct Taxes (CBDT) has clarified in a notification issued on Monday that employers can rely on a declaration from employees and deduct tax at source (TDS) against salary income based on the concessional tax rates.

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India-UK FTA clears steel hurdle; 85% of Indian exports shielded from British curbs

India has secured protection for 85% of its steel exports to the UK under the upcoming free trade agreement, with the remaining shipments co...