TDS on technical services adjusted to reduce classification disputes and align withholding with work contract payments. To reduce classification disputes and litigation, the law prescribes a reduced withholding rate specifically for fees for technical services (other than ... Summary
TDS on technical services adjusted to reduce classification disputes and align withholding with work contract payments.
To reduce classification disputes and litigation, the law prescribes a reduced withholding rate specifically for fees for technical services (other than professional services), aligning its TDS incidence more closely with that applicable to payments for execution of work contracts; withholding rates for other categories of fees remain unchanged and the amendment takes effect from the commencement date specified in the measure.
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