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The Times of India

Business / The Times of India

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How FM can simplify TCS to ease cash flow pressure

India's Tax Collected at Source (TCS) has evolved from an anti-evasion measure to a real-time monitoring tool, now impacting everyday taxpayers. Recent changes aim to ease cash flow for salaried individuals by allowing TCS adjustment against monthly deductions, while others await refunds or adjust against advance tax.

22 Jan 2026 2:39 am