SEO Sai Gr. Hosp.
210838 Points
Joined July 2016
Under the provisions of section 195 of the Income-tax Act, every person responsible for making a payment to the non-resident, in respect of any income chargeable to tax in India, is required to withhold tax at an appropriate rate at the time of payment or credit whichever is earlier. In this connection, if the person making payment to non-resident believes that whole of such payment is not chargeable to tax, he is required to obtain a no objection certificate from the income tax authorities to determine whether the tax has been correctly determined on the remittance to a non-resident.
No threshold limit, and TDS @ 30% for individual.