The myriad rates of TDS/TCS have been a sore point for industry and taxpayers, and the finance ministry seems to be on the same page with the industry on the issue, sources told TNIE.
There have been calls for simplification of TDS/TCS as there are various rates - ranging from 0.1% to 10% - at which taxes are deducted or collected at source.
This story is from the January 10, 2025 edition of The New Indian Express Mysuru.
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This story is from the January 10, 2025 edition of The New Indian Express Mysuru.
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