Now request for nil or lower TDS deduction for property and other transactions via this new form as per Income Tax Act, 2025; See what’s changed

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...
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Budget 2026: Electronic System for Lower or Nil TDS Certificates

Budget 2026 introduces electronic system for lower or nil TDS certificates from 1 April 2026, impacting cash flow, MSMEs and compliance ...

Small taxpayers can obtain lower TDS certificate electronically

In a relief to small taxpayers, the finance minister has proposed to give them an option to file applications for obtaining lower or nil TDS certificates electronically. A taxpayer typically applies ...

New tax rule: Form 128 to replace Form 13 for nil or lower TDS certificate under Income Tax Act 2025

The updated system introduces Form 128, which taxpayers can use to request a certificate allowing TDS to be deducted at a reduced rate or not deducted at all for a specified period.