New Tds Rate For Fy 2024-25 After Budget. Also, income from dividends and capital gains subject to sections 111a (short. Learn about the latest tds rate changes under the union budget 2024, their impact on taxpayers, and the importance of timely advance tax payments to avoid penalties.
Finance minister nirmala sitharaman unveiled her seventh consecutive budget on july 23, marking a milestone that surpasses former prime minister morarji desai’s record. New section 194t will introduce a 10% tds rate on payments exceeding rs 20,000 to firm partners from april 2025.