TDS and TCS are two of the government's most significant sources of income and it is essential for businesses to make timely tax payments.
Reetu | Aug 10, 2024 |
TDS/TCS Rates Changes Proposed in Budget 2024
TDS and TCS are two of the government’s most significant sources of income. And, it is essential for businesses to make such timely tax payments in order to avoid penalties and remain compliant.
In Budget 2024, the government changed the TDS/ TCS rates. Let’s understand it.
(a) Salaries
(b) Remunerations
(c) Bonuses
(d) Commissions
(e) Interest on loans
(f) Interest on capital
(g) Etc
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