Amendment of section 194EE. - TDS - any payment in respect of ...
Act Rules Bill
March 2, 2016
Amendment of section 194EE. - TDS - any payment in respect of deposits under National Savings Scheme, etc., shall be liable for tax deduction at the rate of twenty per cent. in case such amount exceeds two thousand five hundred rupees. - It is proposed to reduce the said rate of tax deduction from twenty per cent. to ten per cent.
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