Amendment of section 194H.

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....ve per cent.", the words "two per cent." shall be substituted with effect from the 1st day of October, 2024. - Clause 57 of the Bill seeks to amend section 194H of the Income-tax Act relating to co....

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....at the time of payment of such income in cash or by the issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon at the rate of five per cent. It is proposed t....