News TDS TCS rates are reduced by 25% Hon’ble FM Smt. Nirmala Sitaraman as a part of Atma Nirbhar Bharat Abhiyan has announced a reduction in TDS rates on non-salaried payments to Residents & TCS rates by 25% w.e.f. 14.5.2020. In this regard, press release by CBDT is given below: Source: Income Tax website Related Posts Post navigation Previous: Aatma Nirbhar Bharat Abhiyan – Key Changes in Direct TaxesNext: Clarification on Sec 269SU of Income Tax Act