Section 194J – TDS on fees on professional or technical services
As per the Finance Bill 2020, the following amendments have been made in TDS Section 194J which will take effect from 1/04/2020. What is TDS Section 194J? Section 194J of the Income Tax Act 1961 contains provisions with respect to TDS deduction on...
How GST would affect the Media and Entertainment Industry
GST and its impact on consumers The finance ministry released the recently released draft of goods and sales tax. And, based on the current scheme of affairs, consumers are expected to pay a service charge tax of around 14.5-15% for all broadcast...