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Section 194G

Latest Articles


Key TDS Changes Effective from 1st October, 2024

Income Tax : Important TDS rate changes from October 1, 2024, affecting insurance, rent, commissions, mutual funds, and e-commerce. Learn about...

September 27, 2024 51477 Views 1 comment Print

Various Threshold Limits under Income Tax Act

Income Tax : In Respect of exemptions, deduction etc Income Tax Act, 1961 imposes various threshold limit. Like in respect of Tax Rates or in r...

September 6, 2024 363908 Views 44 comments Print


Latest News


Section 194G: TDS Rate on Lottery Ticket Sales proposed to Cut to 2% from October 1, 2024

Income Tax : Explore section 194G amendment reducing TDS from 5% to 2% on commission from lottery ticket sales, effective from October 2024. Un...

July 24, 2024 372 Views 0 comment Print


Latest Posts in Section 194G

Key TDS Changes Effective from 1st October, 2024

September 27, 2024 51477 Views 1 comment Print

Important TDS rate changes from October 1, 2024, affecting insurance, rent, commissions, mutual funds, and e-commerce. Learn about the reduced rates and new provisions.

Various Threshold Limits under Income Tax Act

September 6, 2024 363908 Views 44 comments Print

In Respect of exemptions, deduction etc Income Tax Act, 1961 imposes various threshold limit. Like in respect of Tax Rates or in respect of deduction under section 80C, 80D, 80U etc. Some of the Popular Limits are Tax Rates, Conveyance Allowance, HRA, Home Loan Interest, Deduction Under Section 80C, Leave Encashment, Gratuity, Medical Reimbursement etc. […]

Section 194G: TDS Rate on Lottery Ticket Sales proposed to Cut to 2% from October 1, 2024

July 24, 2024 372 Views 0 comment Print

Explore section 194G amendment reducing TDS from 5% to 2% on commission from lottery ticket sales, effective from October 2024. Understand its impact here.

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