From October 1, 10% TDS will be applicable on the interest of certain bonds of the central and state governments. These will also include floating rate bonds. This was announced by the government in the Union Budget this year. Till now government bonds were outside the scope of TDS. In the Union Budget presented on … Continue reading New Rule From 1st Oct: These 5 new rules related to income tax including TDS, STT will be implemented from October 1