Tds Codes 2024 October 1. From october 1, 2024, budget 2024 has significant changes to tax deducted at source (tds) will take effect, aimed at simplifying compliance and easing tax burdens for businesses and individuals. Beginning october 1, 2024, a 10% tds will be deducted on income from floating rate bonds issued by the central and state governments.

Key amendments include reductions in tds rates across several. In the union budget 2024, the indian government announced changes to tds (tax deducted at source) rates for various sections, effective from october 1, 2024.