Income tax news: New TDS rates effective October 1 – What will change for taxpayers | Mint
Source: Live Mint Union Finance Minister Nirmala Sitharaman announced income tax changes in the Union Budget 2024, with certain updates scheduled to take effect from October 1. These crucial proposals, approved in the Finance Bill, include revised TDS rates that will be implemented on that date. What is Tax Deducted at Source (TDS)? TDS is…