Section 194H - Payment of commission or brokerage (Rationalisation and Simplification of taxation of Capital Gains)

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..... - FAQ - Dated:- 24-7-2024 - Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024 As per provisions of section 194H , any person, not being an individual or a Hindu undivided family (as specified) .....

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..... uct income-tax thereon at the rate of 5%. 2. It is proposed that TDS under section 194H of the Act be reduced from 5% to 2%. 3. The amendment will take effect from 1st day of October 2024. [Clause 57] .....

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