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    <title>Amendment of section 194-IB.</title>
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    <description>The amendment reduces the statutory withholding rate under section 194-IB, thereby lowering the deductor&#039;s withholding obligation for specified rent payments and specifying the commencement date for the reduced rate; reporting, deposit and compliance obligations continue to follow the Income-tax framework subject to the amended rate.</description>
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      <description>The amendment reduces the statutory withholding rate under section 194-IB, thereby lowering the deductor&#039;s withholding obligation for specified rent payments and specifying the commencement date for the reduced rate; reporting, deposit and compliance obligations continue to follow the Income-tax framework subject to the amended rate.</description>
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