Assocham asks govt to consider single TDS rate in next Budget
- Posted on November 19, 2024
- By Business News Today
- 2 Views
Assocham asks govt to consider single TDS rate in next Budget
Assocham, in its pre-budget recommendations, proposed a single TDS rate of 1-2% for resident assesses to simplify tax compliance and reduce litigation. The chamber also advocated for decriminalizing certain TDS defaults and extending tax neutrality to amalgamation and demerger processes, including slump exchange.