https://www.taxtmi.com/acts?id=20461 The amendment substitutes the rate in section 194EE so tax deduction at source on payments in respect of deposits under the National Savings Scheme and similar instruments is reduced from twenty per cent. to ten per cent. where the payment exceeds the statutory threshold, effective from 1st June, 2016. en-us Mon, 29 Feb 2016 16:57:49 +0530 Mon, 29 Feb 2016 16:57:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=20461 The amendment substitutes the rate in section 194EE so tax deduction at source on payments in respect of deposits under the National Savings Scheme and similar instruments is reduced from twenty per cent. to ten per cent. where the payment exceeds the statutory threshold, effective from 1st June, 2016. Act-Rules Bills Mon, 29 Feb 2016 16:57:49 +0530 https://www.taxtmi.com/acts?id=20461