The Finance Bill has proposed to raise the threshold limit for payments mentioned in sections 194B, 194BB, 194C, 194D, 194H, 194-I and 194J https://www.taxtmi.com/news?id=1113 The Finance Bill proposes raising the monetary threshold for withholding tax applicability under specified TDS provisions effective 1 7 2010. The increases adjust the payment limits at which tax must be deducted at source for winnings (lottery and horse races), payments to contractors (single transaction and aggregate), insurance commission, commission or brokerage, rent, and professional or technical service fees, thereby changing the monetary trigger for TDS deductions on those payments. en-us Mon, 15 Mar 2010 08:56:38 +0530 Mon, 15 Mar 2010 08:56:38 +0530 TaxTMI RSS Generator The Finance Bill has proposed to raise the threshold limit for payments mentioned in sections 194B, 194BB, 194C, 194D, 194H, 194-I and 194J https://www.taxtmi.com/news?id=1113 The Finance Bill proposes raising the monetary threshold for withholding tax applicability under specified TDS provisions effective 1 7 2010. The increases adjust the payment limits at which tax must be deducted at source for winnings (lottery and horse races), payments to contractors (single transaction and aggregate), insurance commission, commission or brokerage, rent, and professional or technical service fees, thereby changing the monetary trigger for TDS deductions on those payments. News - Mon, 15 Mar 2010 08:56:38 +0530 https://www.taxtmi.com/news?id=1113