SEBI study reveals 70% of individual intraday traders in equity cash segment faced losses in FY 2022-23, with a surge in participation noted.
Understand IFSCA’s Ship Leasing Circular FAQs 2024. Learn permissible activities, definitions, and guidelines for ship lessors in International Financial Services Centres.
Explore the amendment to Section 194F removing TDS on Mutual Fund and UTI unit repurchases, effective from October 2024 under the Finance Bill 2024.
Learn about the proposed amendments to Section 192 of the Income-tax Act, allowing salaried employees to claim credit for TCS and all TDS deductions, easing compliance and cash flow concerns. Effective October 2024.
Learn about the amendment to section 194-IB of the Income-tax Act, reducing TDS on rent payments from 5% to 2% effective from October 1, 2024. Understand implications for individuals and HUFs paying rent exceeding ₹50,000/month to residents.
Understand Section 194M of the Income-tax Act, governing tax deduction at source (TDS) for individuals or Hindu undivided families making payments for work, commission, brokerage, or professional services, with amendments reducing the TDS rate from 5% to 2% effective October 1, 2024.
Understand Section 194-O amendment reducing TDS rate from 1% to 0.1% for e-commerce payments, effective October 2024. Impact on e-commerce participants and operators explained.
Explore Notification No. 96/2024 by the Ministry of Finance, detailing income specifics for SAMEER Mumbai under Income Tax Act Clause 46 Section 10. Effective from 2021-2026.
Explore Income Tax Notification No. 94/2024 dated 24th July, 2024, detailing tax exemptions for Punjab Skill Development Mission Society under Income-tax Act, 1961.
Budget 2024 reduces TDS rates for insurance commission (section 194D) and life insurance payouts (section 194DA) from 5% to 2%, effective from 2024.
