Tax Rule Changes: These rules regarding Income Tax, STT, TDS Rates, Aadhar Card will change from October 1, 2024.

While presenting the budget for the financial year 2024-25, many changes were made in the tax related rules which are going to be implemented from October 1, 2024. The first is the increase in Securities Transaction Tax. Securities Transaction Tax (STT) applicable on future and options trading of shares will be increased. The second is tax on share buyback, that is, on share buyback, shareholders will have to pay tax on the profit earned on surrender of shares. The third is  floating rate bond TDS, which means bond or floating rate bonds on 1 October 2024. TDS will be deducted at the rate of 10%. For complete information, please watch the video till the end. 
 

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