Budget 2016: Lower TDS for life insurance proceeds
The rate of tax deducted at source (TDS) on life insurance policies where maturity proceeds are taxable has been halved from 2% to 1%. Under section 194DA, TDS is applicable… Read more »
Tag: section 194DA
Key features of FVU version 4.5
Incorporation of section 194LBA (Certain income from units of a business trust): Section 194LBA is applicable for Form no. 26Q and 27Q Section 194LBA is applicable for statements pertaining to… Read more »