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Bill - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Amendment of section 194EE. - TDS - any payment in respect of ...

Bill

March 2, 2016

Amendment of section 194EE. - TDS - any payment in respect of deposits under National Savings Scheme, etc., shall be liable for tax deduction at the rate of twenty per cent. in case such amount exceeds two thousand five hundred rupees. - It is proposed to reduce the said rate of tax deduction from twenty per cent. to ten per cent.

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