https://www.taxtmi.com/acts?id=48479 Clause 58 increases the proviso threshold to exempt certain commission or brokerage payments from TDS; payers (other than individuals and HUFs) must still deduct tax at the prescribed rate at the time of credit or payment when the aggregated amount to a payee in a financial year exceeds the new threshold. The amendment takes effect from the start of the stated fiscal year and does not alter the rate or timing of deduction. en-us Sat, 01 Feb 2025 14:43:48 +0530 Sat, 01 Feb 2025 14:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48479 Clause 58 increases the proviso threshold to exempt certain commission or brokerage payments from TDS; payers (other than individuals and HUFs) must still deduct tax at the prescribed rate at the time of credit or payment when the aggregated amount to a payee in a financial year exceeds the new threshold. The amendment takes effect from the start of the stated fiscal year and does not alter the rate or timing of deduction. Act-Rules Bills Sat, 01 Feb 2025 14:43:48 +0530 https://www.taxtmi.com/acts?id=48479