Budget 2024: FM Proposes To Reduce TDS Rate For E- Commerce Operators from 1% to 0.1% [Read Bill]

The FM plans to craft a standard of procedure for TDS defaults so that the guidelines for such defaults are easy to follow
By Varda Marakkar - On July 23, 2024 3:25 pm - 2 mins read
Budget 2024 - Reduce TDS Rate - E Commerce Operators - Budget 2024 live updates - budget 24 - taxscan

The Union Finance Minister Nirmala Sitharaman presented the Union Budget 2024 today before the parliament at 11 AM. The FM proposed to reduce the rate of Tax Deducted At Source ( TDS ) for E- Commerce Operators. TDS is a direct tax mechanism that collects tax at the source of income itself rather than collecting…

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