The Government of India has introduced significant changes to the tax system starting from October 2024, which are set to impact salaried individuals. These updates include modifications in tax deduction rules, Tax Deducted at Source (TDS) rates, and related forms such as Form 12BAA. This comprehensive guide will help salaried […]
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TDS Rate Changes Effective from October 1, 2024
As part of the Finance Bill 2024, several significant changes to the Tax Deducted at Source (TDS) framework have been introduced, and they took effect on October 1, 2024. These changes aim to simplify compliance, ease the tax burden on individuals and businesses, and enhance transparency in various financial transactions. […]
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