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<h1>TDS on Insurance Commission: withholding obligations, timing rules, PAN consequences and limited IFSC exemption clarified.</h1> Section 194D requires TDS on remuneration for soliciting, procuring or renewing insurance business at the earlier of credit or payment. Withholding rates vary by recipient status and by whether PAN is furnished; failure to furnish PAN attracts a higher deduction and PAN must be recorded in exchanged documents. The provision contains an aggregate threshold below which deduction is not required. Reinsurance is excluded from section 194D. Payments to IFSC Insurance Intermediary units are exempt from deduction under conditions specified in the relevant notification.