TDS, TCS Reduced By 25% || Central Board of Direct Texes

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To provide more funds at the disposal of taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, rates of TDS have been reduced by 25% for following non-salaried specified payments

Reduced the rates of Tax Deduction at Source and Tax Collection at Source

14th May, 2020 to 31st March, 2021

Here is the table of existing & new reduced rates



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