In its pre-Budget memorandum submitted to the Finance Ministry, ASSOCHAM has proposed the rationalisation of TDS rates by suggesting a uniform rate of either 1% or 2% for all payments made to resident ...

The Union Budget 2026–27 has proposed targeted changes to the Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) framework, underlining the government’s attempt to simplify compliance ...