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  3. New TDS (Tax Deducted at Source) Law, effective 1st April 2023

New TDS (Tax Deducted at Source) Law, effective 1st April 2023

  • 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?
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