Tax deduction at source from insurance commission requires withholding at prescribed rates and timely remittance to government. Deduction of tax at source is required on income by way of insurance commission paid to resident and, under general withholding provisions, to non-resident recipients and non-domestic companies, at prescribed rates. Tax must be deducted at the time of credit or payment, remains deductible for amounts credited after specified dates even if accrued earlier, and must be remitted to Government accounts within prescribed timelines with rounding to the nearest rupee. Payers must issue certificates to recipients and file quarterly and annual statements; recipients may apply for lower or nil deduction certificates.