TDS on Commission is reduced from 10% to 5% with effect from 01.06.2016
TDS on Commission is reduced from 10% to 5% with effect from 01.06.2016
TDS percentage on Agent Commission is changed to 5% (from 10%) with effect from 01/06/2016. This change is configured in Finacle.
In the case of back-value dated transactions for which 10% TDS is already accounted for, necessary error entries & accounting should be carried out.
A complete and latest guide about Finacle ver 10. It is basically written on DOP Finacle used in India Post. It explains all latest changes and solution of Finacle. Finacle solution consists all Finacle Menu and command and explains how to use them with relevant screen shoots.
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