Income tax deduction on commission/brokerage slashed from 5% to 2% from Oct 1, 2024. Simplified capital gains taxation. https://www.taxtmi.com/highlights?id=80006 Section 194H income tax deduction on commission or brokerage payments reduced from 5% to 2%. Amendment effective October 1, 2024. Rationalisation and simplification of capital gains taxation. en-us Thu, 01 Aug 2024 11:17:17 +0530 Thu, 01 Aug 2024 11:17:17 +0530 TaxTMI RSS Generator Income tax deduction on commission/brokerage slashed from 5% to 2% from Oct 1, 2024. Simplified capital gains taxation. https://www.taxtmi.com/highlights?id=80006 Section 194H income tax deduction on commission or brokerage payments reduced from 5% to 2%. Amendment effective October 1, 2024. Rationalisation and simplification of capital gains taxation. Highlights Bill Thu, 01 Aug 2024 11:17:17 +0530 https://www.taxtmi.com/highlights?id=80006