Budget 2024-25: Credit of Tax Collected at Source will be allowed when deducting TDS from Salary [Read Bill]

Union Finance Minister Nirmala Sitharaman proposed credit of TCS will be given on TDS deducted from salary
By Aiswarya Krishnadas - On July 23, 2024 3:25 pm - 2 mins read
Budget 2024 - Finance Minister - Nirmala Sitharaman - Budget 2024 live updates - Salary TDS - TDS - TCS - TDS On salary - taxscan

In the Budget 2024-25, it has been proposed that a credit for tax collected at source ( TCS ) will be allowed when deducting tax deducted at source ( TDS ) from salary. The Union Finance Minister Nirmala Sitharaman presented the full – budget 2024 today before the parliament at 11 am. The Budget proposes…

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