Withholding tax under Section 194H reduced and threshold limit raised, altering deductibility requirements effective from enactment The amendment lowers the withholding tax rate under Section 194H and increases the monetary threshold in the first proviso, thereby changing the conditions for mandatory tax deduction at source under that provision effective from the stated commencement date.
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Withholding tax under Section 194H reduced and threshold limit raised, altering deductibility requirements effective from enactment
The amendment lowers the withholding tax rate under Section 194H and increases the monetary threshold in the first proviso, thereby changing the conditions for mandatory tax deduction at source under that provision effective from the stated commencement date.
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