TDS at a rate of 5% will only be withheld starting on April 1, 2025, if the total amount of insurance commission paid to an ...

New TDS Rules Under Section 194T Impact on Taxpayers & Businesses – Effective from 1st April 2025 Introduction The Finance (No. 2) Bill, 2024, has ...

Income tax that is paid in advance in certain installments instead of a lump sum at the end of the financial year. It is ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from tax liability. Senior citizens must ensure accurate reporting in returns.

This means investors can effectively manage this TDS by calculating the right investment amount for a given interest rate, ensuring it remains within the annual interest threshold of TDS.