TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income Tax Bill 2025 Clause 393 consolidates dividend TDS provisions maintaining 10% rate with institutional exemptions</h1> The Income Tax Bill 2025 introduces Clause 393 to consolidate tax deduction at source provisions on dividends, replacing Section 194 of the Income Tax Act 1961. The new provision maintains a 10% TDS rate on all dividend payments by domestic companies to residents, with no threshold limit. However, exemptions apply for institutional investors like insurance corporations, business trusts, and individual shareholders receiving non-cash dividends below Rs. 10,000 annually. The Bill modernizes payment methods by allowing 'any mode other than cash' rather than restricting to account payee cheques. The tabular format improves clarity and compliance compared to the existing textual structure, while retaining core principles of the current regime.
TaxTMI 
TaxTMI 