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of <h1>Tax Collection Source Rates Unveiled: Comprehensive Guide to Varied Goods, Services, and Transaction Thresholds for 2024-25</h1> Tax collection source rates for financial year 2024-25 covering various goods and services. Key rates include 1% for alcoholic liquor and scrap, 2.5% for timber and forest products, 0.1% for goods sales over specified thresholds. Special provisions for tax collection at source (TCS) for overseas transactions, motor vehicle sales, and specific scenarios with different rates based on income levels and transaction types. Includes additional notes on tax rates for non-filing of income tax returns and non-availability of permanent account number.
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