TDS rates for FY2024 25 set varied deduction rates and thresholds, with amended lower rates and procedural rules. Prescribes TDS rates and thresholds for FY2024-25 across payment categories (salary, interest, dividends, winnings, fees, rent, sale consideration, insurance payouts, business trust/REIT distributions, non resident receipts), noting recent legislative amendments that adjust rates effective 01.10.2024 and other dates. Identifies operative exceptions (no deduction below thresholds, specific exemptions), procedural reliefs (Form 15G/15H, certificate under section 197/Form 13), PAN absence consequences, and surcharge and Health and Education Cess treatment by payee category.
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TDS rates for FY2024 25 set varied deduction rates and thresholds, with amended lower rates and procedural rules.
Prescribes TDS rates and thresholds for FY2024-25 across payment categories (salary, interest, dividends, winnings, fees, rent, sale consideration, insurance payouts, business trust/REIT distributions, non resident receipts), noting recent legislative amendments that adjust rates effective 01.10.2024 and other dates. Identifies operative exceptions (no deduction below thresholds, specific exemptions), procedural reliefs (Form 15G/15H, certificate under section 197/Form 13), PAN absence consequences, and surcharge and Health and Education Cess treatment by payee category.
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