TDS threshold under section 194C raised, increasing payment-trigger and proviso limits effective from July 2010.

Amendment increases the monetary thresholds specified in Section 194C(5) of the Income-tax Act, effective from 1 July 2010, by substituting the existing figure in sub section (5) with a higher limit and raising the monetary ceiling in the proviso to that sub section, thereby altering the payment thresholds that trigger the provision's application.

---

---

---