New TDS Rules for Floating Rate Savings Bonds w.e.f 1st October 2024

Last updated: 26 July 2024


Tax Deduction at source on Floating Rate Savings (Taxable) Bonds (FRSB) 2020 Section 193 of the Act provides for deduction of tax at source on payment of any income to a resident by way of interest on securities. 2. The Government has introduced Floating Rate Savings (Taxable) Bonds (FRSB) 2020. T

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