Created at Oct. 20, 2024, 10:32 a.m.

New TDS Rate applicable wef 1st Oct.-2024. Section Head Old Rate New Rate 192DA Payment of Life Insurance Policy 5% 2% 194G Commission on Sale of Lottery Ticket 5% 2% 194H Payment of Commission 5% 2% 194IB Payment of Rent by Individual/HUF 5% 2% 194M Payment of certain sum by Individual/HUF 5% 2% 194O E-Commerce Operator 1% 0.1% 1. STT- Increase 0.02% to 0.1% 2. Short Term Capital Gain Tax Rate increased 15% to 20%. 3. Long Term Capital Gain decreased from 20% to 12.5%.