MONARCH's Taxation Knowledge of the Day:Tips of the Day 25th-June-2019;Thuesday
TDS PROVISION FOR NRI -
-TDS on Interest on Non-Resident Ordinary Account (NRO) is of 30%. No TDS on Interest earned on Non-Resident External (NRE) accounts and Foreign Currency Non-Resident (FCNR) accounts.
-TDS on Rent House Property or other Rent & Commission / Brokerage or any other Income is 30% in A.Y.2020-2021.
-Sunil Rajai
Taxfile & Monarch Group,
SURAT
http://www.i-tax.in
