Question
From 1st April 2010, non-furnishing of PAN to the
deductors results in TDS at much higher rate of ________ or even more.Solution
Non-furnishing of PAN (Permanent Account Number) to the deductors in India results in TDS (Tax Deducted at Source) at a much higher rate of 20% or even more. It is essential for taxpayers to provide their PAN to deductors to ensure proper TDS deductions at the applicable rates. If the PAN is not furnished or provided, the deductor is required to apply a higher TDS rate, and this is to discourage the practice of not disclosing PAN for tax transactions.
When did the Indian Constitution come into effect?
In a consumer cooperative, who are the primary members?
Which of the following amendments to the Indian Constitution is known as the 'Mini-Constitution'?
National Emergency is mentioned in which article of the Indian Constitution?
Which amendment to the Indian Constitution added the Ninth Schedule?
Financial emergency provisions in the Indian Constitution are borrowed from the constitution of which country?
Which Constitutional Amendment Act revised Article 312 (1) of the Indian Constitution to empower Parliament to create All-India Services?
Which article grants special provisions to Nagaland?
Which article of the Indian Constitution deals with the Uniform Civil Code?
Which of the following is not a part of the Fundamental Duties under the Indian Constitution?
