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Govt exempts cash payments above Rs 1 crore via APMC from 2 per cent TDS
September 16, 2019 | By Financialexpress.com
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Meanwhile, in another tweet, the minister said an additional 15 per cent depreciation will be allowed on motor vehicles purchased between August 23, 2019, and March 31, 2020.
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In a relief to the farm sector, the government has decided not to levy 2 per cent tax deduction at source (TDS) on cash payments of over Rs 1 crore made through Agriculture Produce Market Committees (APMCs). The government had made the provision of levying 2
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