Tag: Section 194G

Reduction / Optimization of TDS Rates W.E.F. 1st October ‘24

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Effective from 1st October 2024, Tax Deducted at Source (TDS) rates have been reduced. These are part of the government’s ongoing efforts to simplify tax compliance and minimize the financial… Read more »

Section 194G- TDS on Commission on Sale of Lottery Tickets

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Any income earned by a person in the form of commission, remuneration, or prize on lottery tickets (deductee) who has been selling lottery tickets (also stocking, distributing, and purchasing) is… Read more »