TDS on professional and technical fees: higher thresholds reduce mandatory withholding obligations from the next financial year. The Finance Bill increases the threshold for tax deduction at source on payments characterised as fees for professional services, fees for technical ... Summary
TDS on professional and technical fees: higher thresholds reduce mandatory withholding obligations from the next financial year.
The Finance Bill increases the threshold for tax deduction at source on payments characterised as fees for professional services, fees for technical services, royalty and other specified sums made by persons other than individuals or HUFs; deductions are required only when aggregate payments in a financial year exceed the revised thresholds, with the amendment effective from the start of the specified financial year.
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TaxTMI 
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