practical tax & investment planning online
international tax expert / colunmist / author / speaker

TDS Becomes Less Taxing!

TDS Rates Rationalized No Messy Computation Of Cess & Surcharge  October 1, 2009, has also brought some welcome provisions of rationalization of TDS rates and reducing multiple classifications (see Box). TDS BECOMES LESS TAXING – Effective October 1, 2009 Section Nature of Payment Old TDS Rate New TDS Rate 194C Payment to Contractor – Indl./HUF 2% 1% 194C Payment to Contractor – Firm/Co.   2% 2% 194C   ...

Powered by