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Feb 11, 2023 · Find the latest TDS rates for various sections and payments for the financial year 2023-2024 (assessment year 2024-2025) with Budget 2023 amendments. Download the PDF version of the TDS rate chart for easy reference and compliance.
- TDS Rate Chart for FY 2023-24 / AY 2024-25 – Updated - Tax Guru
Updated TDS Rate Chart for FY 2023-24 (AY 2024-25). Find the...
- TDS Rate Chart for FY 2023-24 / AY 2024-25 – Updated - Tax Guru
TDS RATE CHART (FOREIGN) FY: 2023-24 (AY: 2024-25) Rs. Existing TDS Rate (%) Accurately Calculate Monthly TDS for each of your Employees www.salarytds.com Updated on 03.04.2023
- Section 194Ba – TDS on Online Gaming
- Section 196A – Reduced TDS Rate as Per Tax Treaty
- Section 192A – Relaxation For Employees Without Pan
- Section 193 – Tax Deduction on Interest from Specified Securities
- Section 194N – Increased TDS Threshold For Cooperative Societies
- Section 194R – Clarification on TDS Deductions For Benefits Or Perquisites
- New Section 155(20) – Credit of TDS in The Year of Income Reporting
Starting from April 1, 2023, TDS will be deducted on income earned from online gaming. If you win money, the online gaming platform giving you the winnings will deduct 30% TDS on the net winnings. TDS will be deducted when you withdraw the winnings from your account. In case you do not withdraw the winnings by the end of the financial year, then th...
When a non-resident earned income from mutual funds in India, the TDS rate was 20%. However, from April 1, 2023, the non-resident can choose to pay a lower tax rate given in the tax treaty by providing a tax residency certificate.
Starting from April 1, 2023, if an employee does not furnish PAN (Permanent Account Number), they will receive their provident fund balance after a 20% tax deduction. Earlier, tax was deducted at maximum marginal rate (MMR) which would be as high as 42.74%.
Before April 1, 2023, individuals often forgot to report the interest income they earned from specified securities in their income tax returns because TDS was not deducted. Now, starting from April 1, 2023, tax will be deducted from the interest earned on listed securities in dematerialized form. This change will ensure accurate reporting of income...
From April 1, 2023, if a co-operative society withdraws cash, TDS will be applicable when the withdrawal amount exceeds Rs. 3 Crore. This threshold was previously Rs. 1 Crore.
In the 2023 budget, it was clarified that TDS should be deducted on benefits or perquisites, whether they are in cash, in kind, or a combination of both. This rule also applies to Section 28(iv).
If a taxpayer reports income on an accrual basis in one year but the tax on that income is deducted in the following financial year, it can cause mismatch with tax credits. From October 1, 2023, taxpayers can apply for the tax credit in the financial year in which the income is declared in their tax return. The application must be made within two y...
Feb 14, 2024 · Find the latest TDS rates for various income sources and transactions for the financial year 2023-24 (assessment year 2024-25) in India. Download the PDF of the TDS rate chart and learn about the budget 2023 updates and FAQs.
Apr 4, 2023 · Find the latest TDS / TCS rates for various payments and incomes for the financial year 2023-24 (assessment year 2024-25) in PDF format. The chart covers 192 sections, nature of payment, threshold, and applicable rates for different categories of taxpayers.
Nov 17, 2023 · Download the TDS Rates for FY 2023-24 in PDF format from the download link given below in our site. The Tax Deducted at Source (TDS) Rates for FY 2023-24 have been announced by the government and are now available for download in PDF format.
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Jul 25, 2023 · Find updated rates for tax deduction at source for different transactions under the Income Tax Act. The chart covers various sections, types of payments, and important notes for residents, non-residents, and e-commerce operators.
