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Finance : Senior Citizens’ Savings (Amendment) Scheme, 2023 - Limit Raised to Rs. 30 Lakh with effect from 1st April 2023....
Finance : (1) This Scheme may be called the National Savings (Monthly Income Account) (Amendment) Scheme, 2023. (2) It shall come into force...
In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic. the rates of Tax Deduction at Source (TDS) for the following non-salaried specified payments made to residents has been reduced by 25% for the period from 14th May, 2020 to 31st March, 2021.
Subcribers of RD Account who could not deposit the advance installments to get the benefit of rebate during the lock down period may deposit the same up to 30.06.2020. The rebate admissible as per the scheme provisions will be available at the time of deposit of advance installments.