Tag: TDS
TDS on Cash Withdrawal – Section 194N
India's budget tackles cash transactions. Cash withdrawals over ₹1 crore trigger 2% TDS. Non-filers face a ₹20 lakh limit and higher rates. Learn how this impacts you!
Read MoreTDS on Insurance Commission [Section 194D]
Learn about TDS on insurance commission under Section 194D. Find out when TDS is deducted, the current rate, and how to file returns.
Read MoreKnow about TDS on Payments to Contractors and sub-contractors [Section 194C]
Learn about TDS on payments to contractors under Section 194C. Find out who deducts TDS, when it's due, and the applicable rates.
Read MoreTDS on Winnings from Lotteries, crossword puzzles and horse races [Sections 194B and 194BB]
Win big? Get taxed! India levies a flat 30% tax on lottery, game, and race winnings. TDS applies if you win over ₹10,000. Even winnings in kind are taxed. File your return, even with TDS.
Read MoreKnow about TDS on Interest other than Interest on Securities [Section 194A]
Learn about TDS on interest income! Section 194A covers interest, not securities. Find out when TDS applies, limits, exemptions, and how to file.
Read MoreTDS on Payment of Dividends [Section 194]
Companies face a 15% tax on dividend payouts. However, individuals receiving dividends from domestic companies don't pay tax. TDS applies only to "deemed dividends" exceeding ₹2,500, taxed at 10%. Learn more about this complex tax rule!
Read MoreKnow about TDS for Interest on Securities [Section 193]
Interest on securities in India is taxable. Learn about TDS rules, exemptions, and how to file returns. Get informed about your tax liability!
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