Rates for deduction of income-tax at source during the financial year (FY) 2024-25 from certain incomes other than “Salaries”.

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..... 93 , 194A , 194B , 194BB , 194D , 194LBA , 194LBB , 194LBC and 195 have been specified in Part II of the First Schedule to the Bill . 2. For sections specifying the rate of deduction of tax at source, the tax shall continue to be deducted as per the provisions of the relevant sections of the Act. 3. It is proposed that for deduction of income-tax at source on other income in case of company which .....

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..... ong term capital gains referred to in clauses (33) and (36) of section 10 ] 20% 12.5% (5) short-term capital referred to in section 111A 15% 20% 5. Apart from the above, the rates will remain the same as those specified in Part II of the First Schedule to the Finance Act, 2023 , for the purposes of deduction of income-tax at source during the FY 2024-25. 6. The surcharge on the amount of income-ta .....

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