EY India also asks for deferring tax deduction at source (TDS) on PF interest rate (above 2.5 lakhs) until the withdrawal stage to reduce compliance burden.
In the previous budget TDS rate rationalization was undertaken to a certain extent. To further simplify the entire gamut of withholding tax provisions, the TDS rate structure could be divided into 3-4 broad categories with lower rates and a negative list.
This story is from the January 09, 2025 edition of The Business Guardian.
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This story is from the January 09, 2025 edition of The Business Guardian.
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BJP slams Bharadwaj, Sanjay Singh for 'forcing entry' to CM's residence
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