Question

What is the standard TDS rate applicable to interest on securities as per Section 193 of the Income Tax Act, 1961?

A 5% Correct Answer Incorrect Answer
B 10% Correct Answer Incorrect Answer
C 15% Correct Answer Incorrect Answer
D 20% Correct Answer Incorrect Answer

Solution

The standard TDS rate applicable to interest on securities under Section 193 of the Income Tax Act, 1961, is 10%

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