https://www.taxtmi.com/acts?id=43599 The amendment reduces the withholding rate for commissions, remuneration and prizes on sale, stocking, distribution or purchase of lottery tickets from five per cent to two per cent, and requires the payer to deduct tax at source at the time of payment or at the time of credit of such income; the new rate takes effect from 1st October, 2024. en-us Tue, 23 Jul 2024 15:49:58 +0530 Tue, 23 Jul 2024 15:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=43599 The amendment reduces the withholding rate for commissions, remuneration and prizes on sale, stocking, distribution or purchase of lottery tickets from five per cent to two per cent, and requires the payer to deduct tax at source at the time of payment or at the time of credit of such income; the new rate takes effect from 1st October, 2024. Act-Rules Bills Tue, 23 Jul 2024 15:49:58 +0530 https://www.taxtmi.com/acts?id=43599