#TaxmannPPT | TDS, TCS & Tax Rates – Impact of the Finance Act 2023

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#TaxmannPPT | TDS, TCS & Tax Rates – Impact of the Finance Act 2023

Published on May 12, 2023

Taxmann

✔️ Overview of Alternative Tax Regime under Section 115BAC for the A.Y. 24-25 • Who is covered under the Alternative Tax Regime • Tax Rates • Exemption Limit • Rebate under Section 87A • Tax on other Income chargeable at Special Rates • Surcharge and Education Cess • Tax Incentives that are not available (Blocked Incentives) • Tax Incentives that are available • AMT - Whether applicable • How to exercise the option • How to exercise the TDS option under Section 192 • When it is Beneficial ✔️ Amendments by the Finance Act 2023 pertaining to TCS on Foreign Remittance under section 206C(1G) ✔️ Amendments by the Finance Act 2023 pertaining to TCS in the case of Non-PAN/Non-filer under Section 206CC/206CCA ✔️ Other Amendments pertaining to TDS/TCS

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