Section 194H income tax deduction on commission or brokerage ...

Income tax deduction on commission/brokerage slashed from 5% to 2% from Oct 1, 2024. Simplified capital gains taxation.

Notes Bill

August 1, 2024

Section 194H income tax deduction on commission or brokerage payments reduced from 5% to 2%. Amendment effective October 1, 2024. Rationalisation and simplification of capital gains taxation.

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Section 194H income tax deduction on commission or brokerage ...

Income tax deduction on commission/brokerage slashed from 5% to 2% from Oct 1, 2024. Simplified capital gains taxation.

Notes Bill

August 1, 2024

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