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of <h1>Amendment to Section 194J: Raises Non-Deduction Threshold for Professional Fees from 20,000 to 30,000 Effective July 2010.</h1> Clause 41 of the Finance Bill, 2010, proposes an amendment to section 194J of the Income-tax Act. The amendment increases the threshold for non-deduction of income tax on fees for professional or technical services, royalties, or specified sums from twenty thousand rupees to thirty thousand rupees. This change means that no tax deduction at source is required if the total payments do not exceed thirty thousand rupees during the financial year. The amendment is set to take effect from July 1, 2010.
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