New Tds Codes 2024 Elections. There are various provisions of tax deduction at source (tds) with different thresholds and multiple rates between 0.1%, 1%, 2%, 5%, 10%, 20%, 30% and above. Finance minister nirmala sitharaman unveiled her seventh consecutive budget on july 23, marking a milestone that surpasses former prime minister morarji desai’s record.
The provision for obtaining a certificate under section 197 for lower tds/tcs was previously not applicable for sections 194q (tds on payments for the purchase of goods) and. There are various provisions of tax deduction at source (tds) with different thresholds and multiple rates between 0.1%, 1%, 2%, 5%, 10%, 20%, 30% and above.