On the cash withdrawal exceeding Rs. 20 lakhs, TDS will be deductible at the rate of 2% and it will be deductible at the rate of 5% if the amount exceeds 1 Crore, in case the person withdrawing is a non- filer of the income tax return.
Bollywood Megastar Amitabh Bachchan and his actor son Abhishek Bachchan, both, have tested positive for COVID-19 and have been hospitalized as per latest reports. The veteran actor took to twitter to confirm the news about him testing positive for Coronavirus infection and advised people who have come in contact with him during the last 10 days to get tested as well. Get complete details here.