Part IIIAMENDMENT TO THE ELECTION COMMISSION (CONDITIONS OF SERVICE OF ELECTION COMMISSIONERS AND TRANSACTION OF BUSINESS) ACT, 1991 (From Clause 144 )
Dividend withholding now applies to payments by any mode with a uniform withholding rate and raised threshold. Amendment expands dividend withholding to payments by any mode and prescribes deduction at the rate of ten per cent.; the first proviso is amended to ... Summary
Dividend withholding now applies to payments by any mode with a uniform withholding rate and raised threshold.
Amendment expands dividend withholding to payments by any mode and prescribes deduction at the rate of ten per cent.; the first proviso is amended to cover payment by any mode other than cash and to raise the monetary threshold for exemption, and the third proviso is omitted.
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