VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIAFinance Act, 2025
VALIDATION OF THE CENTRAL CIVIL SERVICES (PENSION) RULES AND PRINCIPLES FOR EXPENDITURE ON PENSION LIABILITES FROM THE CONSOLIDATED FUND OF INDIAFinance Act, 2025
Withholding tax now applies on a single transaction basis rather than on aggregated or annual amounts. Amendment replaces "or aggregate of amounts" with "in respect of a single transaction", and omits the words "during the financial year", thereby shifting ... Summary
Withholding tax now applies on a single transaction basis rather than on aggregated or annual amounts.
Amendment replaces "or aggregate of amounts" with "in respect of a single transaction", and omits the words "during the financial year", thereby shifting the withholding obligation under section 194BB from an annual aggregation basis to a transaction-specific test.
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