Sunday, June 26, 2022

Banks to move government on TDS on loan waivers

Slices of loans waived to lessen the strain on defaulting borrowers are being interpreted as 'benefits' that lenders are passing on to borrowers under the new provisions the government has come out on tax deducted at source (TDS).

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-to-move-government-on-tds-on-loan-waivers/articleshow/92477573.cms

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