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| TMI Short Notes |
Section 194F - TDS on payments on repurchase of units by mutual fund or UTI (Rationalisation and Simplification of taxation of Capital Gains) |
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Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024 It is proposed to omit section 194F relating to TDS on payments on repurchase of units by Mutual Fund or UTI which attracts a TDS rate of 20%. 2. The amendment will take effect from 1st day of October 2024. [Clause 55]
Full Text: Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024
Dated: 24-7-2024 Submit your Comments
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