Finance Minister Nirmala Sitharaman, in a huge push for digital marketplaces, reduced the tax deducted at source (TDS) for ecommerce operators from 1% to 0.1% in the Union Budget 2024-2025. According ...

Key provisions include the reduction of the TDS rate on e-commerce transactions from 1% to 0.1%, significantly enhancing liquidity for sellers. The budget also introduces new schemes for MSMEs to ...

The tax deducted (TDS) at source for e-commerce operators will be reduced to 0.1 percent from 1 percent, Finance Minister Nirmala Sitharaman said in her Budget speech on July 23. According to the ...

In light of the ecommerce tax announced by the government during the Union Budget 2020, India’s major ecommerce companies raised red flags on the plan to charge TDS at the point of transaction. A ...

The Union Budget 2024 lays out a detailed plan for India's economic progress, with a clear focus on growth, innovation, and infrastructure. One notable aspect is the government's dedication to ...

Nirmala Sitharaman's first budget for Modi 3.0, tabled in Parliament, proposes reducing TDS on e-commerce from 1% to 0.1%, merging tax exemption regimes, decriminalizing TDS delays, reviewing customs ...

New Delhi, Jun 26 () With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ...

The budget's comprehensive approach to bolstering digital commerce, fostering innovation, and enhancing economic growth has been lauded by key stakeholders The Union Budget 2024, presented by Finance ...

The Union government’s proposal to reduce the tax deducted at source (TDS) for e-commerce operators provides relief to sellers and brands listed on online marketplaces such as Amazon and Flipkart, ...