Dear Users,

Better Opinions is adopting a new TDS policy which is legally mandated post the introduction of the Finance Act, 2023 (“Finance Act”), as introduced by the Central Government before the Lok Sabha, as read with the Income Tax Act, 1961 (“Income Tax Act”). This policy will come into effect in the month of April 2023.

1. What is TDS? 2. What are the new changes? 3. What is Net Winnings? 4. What are 2022-23 and 2023-24? 6. Scenarios (Better Opinions does not provide tax advice. For tax advice, please reach out to a tax consultant)