https://www.taxtmi.com/highlights?id=80005 Individual or HUF responsible for paying rent exceeding Rs. 50,000 per month to resident required to deduct 5% TDS u/s 194-IB. Proposed amendment reduces TDS rate to 2% effective October 1, 2024, rationalizing and simplifying taxation of capital gains. en-us Thu, 01 Aug 2024 11:17:00 +0530 Thu, 01 Aug 2024 11:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80005 Individual or HUF responsible for paying rent exceeding Rs. 50,000 per month to resident required to deduct 5% TDS u/s 194-IB. Proposed amendment reduces TDS rate to 2% effective October 1, 2024, rationalizing and simplifying taxation of capital gains. Highlights Bill Thu, 01 Aug 2024 11:17:00 +0530 https://www.taxtmi.com/highlights?id=80005