Union Budget 2021 | Straight and Honest Talk on Budget Amendments

Mayank Mohanka , Last updated: 27 February 2021  
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1.TDS at Double Rate in case of Non-Filers of ITRs (Section 206AB) The Finance Bill 2021 has proposed to insert a new section 206AB in the Income Tax Act, w.e.f. 1.7.2021 which mandates that the deductor will be required to deduct TDS at twice the applicable rate or @ 5% whichever is higher, if t

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Mayank Mohanka
(Chartered Accountant)
Category Union Budget   Report

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