Industry bodies ask finance ministry to ease TDS rates for Union Budget 2025: Report

The industry bodies, including FICCI, CII, and PHDCII, proposed reducing taxpayers' compliance burden and avoiding litigation. Industry bodies have asked the finance ministry to simplify [more...]

| 8 Nov 2024 12:46 PM IST

Industry bodies ask finance ministry to ease TDS rates for Union Budget 2025: Report

The industry bodies, including FICCI, CII, and PHDCII, proposed reducing taxpayers' compliance burden and avoiding litigation. Industry bodies have asked the finance ministry to simplify the rates of tax deducted at source (TDS) for the Union Budget, which will be presented in February next year, Business Standard reported.

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