Budget 2026 expectations: How simplifying TDS can improve cash flows and compliance
TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where margins are modest. Even taxpayers having exemption certificates or losses struggle to obtain nil-rate certificates, leading to blockage of funds which eventually must be claimed by filing tax return.
TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where margins are modest. Even taxpayers having exemption certificates or losses struggle to obtain nil-rate certificates, leading to blockage of funds which eventually must be claimed by filing tax return.
