Simpliance - Labour Law Compliance

Effective Date

Locations

Acts

 Gazette Notifications

Released Date: 21st May, 2015

Central

Section 192A of the Income Tax Act, 1961 raises the threshold limit for PF withdrawal for TDS

The Finance Act, 2016 has amended section 192A of Income Tax Act, 1961 to raise the threshold limit of provident fund withdrawal from Rs. 30,000/- to Rs. 50,000/- for Tax Deducted at Source (TDS). This provision will be effective from 1st June, 2016.

Effective Date: 1st Jun, 2015

Simpliance Technologies Pvt. Ltd.

No 6, AS Chambers, 2nd Floor,

6th Block, Koramangala

Bengaluru - 560095,

Karnataka,

INDIA

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