https://www.taxtmi.com/acts?id=48478 The amendment raises the TDS threshold for commission, remuneration or prize payments relating to lottery ticket activities so that the obligation to deduct tax at source arises only when such income exceeds the revised threshold. It preserves the existing timing rule requiring deduction at the earlier of credit to the payee's account or actual payment by cash, cheque, draft or any other mode, and takes effect from the commencement date set in the Bill. en-us Sat, 01 Feb 2025 14:43:36 +0530 Sat, 01 Feb 2025 14:43:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48478 The amendment raises the TDS threshold for commission, remuneration or prize payments relating to lottery ticket activities so that the obligation to deduct tax at source arises only when such income exceeds the revised threshold. It preserves the existing timing rule requiring deduction at the earlier of credit to the payee's account or actual payment by cash, cheque, draft or any other mode, and takes effect from the commencement date set in the Bill. Act-Rules Bills Sat, 01 Feb 2025 14:43:36 +0530 https://www.taxtmi.com/acts?id=48478