Witryna21 cze 2024 · New Delhi: Coming July, doctors and social media influencers will be subjected to a new rule which mandates a 10 per cent tax deducted at source (TDS) on freebies they receive from businesses for sales promotion. The Central Board of Direct Taxes (CBDT) has listed the rules under the new provision that explains the … Witryna30 cze 2024 · In Budget 2024, a new section -- 206AB -- was introduced to deduct TDS at a higher rate in cases with certain nature of income. From July 1, a new tax deducted at source (TDS) rule will come into effect, according to which, a certain category of Income Tax Return (ITR) non-filers will have to pay double the TDS of the specified rate.
Know Where New TDS Rules Will Apply & Where Not From July …
Witryna22 cze 2024 · The guidelines explain the circumstances in which the new TDS provision which kicks in from July 1 will apply. This new TDS provision was introduced in Budget 2024-23 to broaden the tax base … Witryna3 lip 2024 · The new rules related to TDS will come into effect from July 1. In a circular dated June 25, the Central Board of Direct Taxes (CBDT) extended the due date for various compliances under the Income ... seasoned wood eh taylor
New rules in TDS/TCS, effective from July 01, 2024
Witryna20 cze 2024 · New Delhi: From July, a 10 per cent tax deducted at source on freebies received from businesses for sales promotion will apply to social media influencers and doctors. The new TDS rule will take effect from July 1 and the Central Board of Direct Taxes has put out a set of guidelines in this regard. Witryna28 cze 2024 · The new provision comes into effect from July 1. The Budget 2024-23 brought in the provision of Tax Deducted at Source (TDS) on such income to check tax revenue leakage. The Budget brought in a new section, 194R, in the I-T Act which requires deduction of tax at source at the rate of 10 per cent by any person, providing … Witryna7,975 Likes, 147 Comments - Meme Marketing Stories (@marketing.stories) on Instagram: "New Income Tax Rules that came in effect from July 1. . . . #marketingstories #tax #incometax #td..." Meme Marketing Stories on Instagram: "New Income Tax Rules that came in effect from July 1. . . . #marketingstories #tax … seasoned wood near me