TDS procedural amendments unify March deposit timing and shorten quarterly return and certificate deadlines.
Amendments revise procedural TDS rules: March deposit timing is unified to end-April, quarterly TDS return for the year-end quarter is advanced, and non-salary TDS certificates must be issued quarterly with tighter timelines. Salary certificates remain annual with an adjusted issuance date. The TDS tax authority address must be disclosed on certificates, a redundant salary certificate form is discontinued, the option for an annual consolidated non-salary certificate is withdrawn, and existing payment mode and statement forms including mandatory electronic payment by companies are retained. (AI Summary)

Black money preserves housing investment and sustains mortgage payments, thereby supporting financial stability during economic downturns.
Black money used in residential property purchases creates an informal equity stake that borrowers preserve by continuing mortgage repayments even when formal prices fall, producing a behavioural enforcement mechanism that can mitigate stress in housing finance and support financial stability despite weak formal enforcement and property valuation discrepancies. (AI Summary)