I would like to know what is the revised TDS rate applicable from 14th May,2020 for Sec-194D for making payment to companies (Other than Individuals).
Thanks
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TDS Rate 194D
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In general the rate for companies is 10%.
as 25% reduction in the rate of tds ordered by government.
so, the current rate will be 7.5% (10-25%)
as 25% reduction in the rate of tds ordered by government.
so, the current rate will be 7.5% (10-25%)
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