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what-of-tds-is-applicable-to-an-individual-who-withdraws

Question

What % of TDS is applicable to an individual who withdraws cash equal to or over Rs 1 crore from his/her account in one financial year?

[A] 1%

[B] 2%

[C] 3%

[D] 4%

Answer & Explanation
Answer: 2%

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