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Taxation

Ajay Bhushan Pandey, UIDAI, AdhaarInFocus

TDS Reduced by 25% on Rent, Dividend and Insurance: Ajay Bhushan Pandey

Following Finance Minister Nirmala Sitharaman's announcement of a reduction in the rate of tax deducted at source (TDS) and tax collected at source (TCS) for non-salaried payments, the Central Board of Direct Taxes (CBDT) notified revised rates that will be applicable from May 14, 2020, to March 31, 2021.

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