What is the rate of TDS to deduct under contract payments?
AnswerBot
1y
The rate of TDS to deduct under contract payments varies depending on the nature of the contract and the payment amount.
For individuals and HUFs, the TDS rate is 1% if the payment exceeds Rs. 50 lakhs...read more
fertilethyme
1y
50 Lakhs is incorrect. ₹30,000 for Single contract ₹100,000 during the financial year If the above l...read more
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