New TDS Rule: How is Section 194R going to affect doctors and social media influencers?
Neha Vashishth | Updated: June 27, 2022 03:22 PM IST
The CBDT has introduced some new provisions in order to keep a check on tax revenue leakage. Section 194R, added to Finance Act 2022, states that TDS is applicable if an individual, doctor or a social media influencer takes any benefit from a company that is over Rs 20,000 in a financial year. Here is all you need to know.