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Tag: TDS 2019

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  • 2% TDS for cash withdrawals above Rs 1 crore proposed

    2% TDS for cash withdrawals above Rs 1 crore proposed

    The Finance Minister also proposed that business establishments with an annual turnover of more than Rs 50 crore shall offer low cost digital modes of payment to their customers and no charges or Merchant Discount Rate (MDR) shall be imposed on customers as well as merchants.

    July 5, 2019