2024 Tax Rates And Brackets Pdf Printable. The rate of tds on commission paid to agents or brokers is 5% under section 194h of the income tax act. For instance, the 22% tax bracket for single filers applies to $50,650 of income for the 2023 tax year (i.e., income from $44,726 to $95,375), but it applies to $53,375 of income for.
The rate of tds on commission paid to agents or brokers is 5% under section 194h of the income tax act. For instance, the 22% tax bracket for single filers applies to $50,650 of income for the 2023 tax year (i.e., income from $44,726 to $95,375), but it applies to $53,375 of income for.
