https://www.taxtmi.com/highlights?id=80007 Section 194G mandates tax deduction at source (TDS) at 5% on commission, remuneration, or prize income exceeding INR 15,000 paid to persons involved in lottery ticket stocking, distribution, purchase, or sale. It is proposed to reduce the TDS rate under this section from 5% to 2%, effective October 1, 2024. en-us Thu, 01 Aug 2024 11:17:34 +0530 Thu, 01 Aug 2024 11:17:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80007 Section 194G mandates tax deduction at source (TDS) at 5% on commission, remuneration, or prize income exceeding INR 15,000 paid to persons involved in lottery ticket stocking, distribution, purchase, or sale. It is proposed to reduce the TDS rate under this section from 5% to 2%, effective October 1, 2024. Highlights Bill Thu, 01 Aug 2024 11:17:34 +0530 https://www.taxtmi.com/highlights?id=80007