Section 194G – Commission, etc on sale of lottery tickets (Rationalisation and Simplification of taxation of Capital Gains)

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Dated:- 24-7-2024
Union Budget 2024-25 (Full) + FINANCE (No.2) Bill, 2024 As per provisions of section 194G, any person who is responsible for paying, on or after the 1st day of O .....

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..... ue or draft or by any other mode, whichever is earlier, deduct income tax thereon at the rate of 5%. 2. It is proposed that TDS under section 194G of the Act be reduced from 5% to 2%. 3. The amendme .....

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