https://www.tyasuite.com/blog/post/new-tds-rate-chart-for-the-financial-year-2020-21
TDS compliances are the most common yet most important compliance for the business world. Every year during the finance budget government announces the TDS rates which shall be applicable for the coming Financial Year. Due to the changing economic scenario and other factors, the government introduces a few new sections or amends certain existing sections. The Finance Act 2020 has introduced below new TDS sections/key amendments in TDS Sections which the business enterprise must be aware of: TDS Details Section Name TDS Rates (in %) (AY 2021-22) Expert Remarks TDS on Mutual Fund Income 194K 10% TDS on E-Commerce Transactions 194O 1% (5% in case of no PAN given to E-commerce operator) Applicable to All E-Commerce Companies ...