Revised TDS for Agents W.E.F 01.06.2016 in DOP Finacle
TDS percentage on Agent
Commission is changed to 5% (from 10%) with effect from 01/06/2016. This
change is configured in Finacle.
In the case of back-value
dated transactions for which 10% TDS is already accounted for, necessary error
entries & accounting should be carried out.
Read More: Finacle Training Lesson 16
