No. Don't worry; your account balance holdings before 1 April 2023 will not incur a TDS deduction as per the new update.
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- How is TDS calculated?
- What is the difference between the calculation of taxable amount before and after 1 May 2023?
- Is there any threshold amount above which the TDS will be deducted?
- What happens if I have net losses?
- How can I check all transactions and TDS-related details?
- What happens if I don’t make any withdrawals during the financial year?
- What if I end up paying extra TDS?
- Will my account balance, held till 31 March 2023, also get affected?