Current TDS rate, IFRS, NEW RBI GUIDELINES FOR NBFC

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The current TDS rate is 10%, IFRS is a set of accounting standards, and new RBI guidelines for NBFC focus on capital adequacy and risk management.

The current TDS rate is 10% for most payments made to residents.
IFRS stands for International Financial Reporting Standards and is a set of accounting standards used globally.
The new RBI guidelines for NBFC focus on capital adequacy and risk management, including requirements for maintaining a minimum capital ratio and implementing a risk management framework.
NBFCs are non-banking financial companies that provide financial services but do not hold a banking license.

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