ReferIndia News Budget 2026: EY says complex TDS regime hurting ease of doing business, seeks consolidation

ReferIndia News

Need daily news updates on your phone?

Follow us on Telegram!

Click here
News Image

Budget 2026: EY says complex TDS regime hurting ease of doing business, seeks consolidation

Published on: Jan. 8, 2026, 7:14 p.m. | Source: CNBC TV18

EY has urged the government to simplify the tax deducted at source framework by sharply reducing the number of rates and eliminating low-rate TDS on GST-covered transactions, arguing that the current system creates avoidable compliance burdens without adding meaningful oversight.

Checkout more news
Ad Banner

Planning a trip to Singapore?

Let's make it a seamless journey, bhai — full of fun, food, and unforgettable vibes! 🌟✈️

Contact Now
ReferIndia News contact