Banks' business correspondents seek relaxation in GST & TDS

They have alleged that banks are passing on added tax liabilities on their agents operating in rural areas and underbanked urban localities, thereby affecting their daily livelihoods. This is impacting their ability to operate smoothly, hindering timely disbursement of government’s Rs.1.75 lakh crore relief package to those most in need of it.

from Banking/Finance-Industry-Economic Times https://ift.tt/2RzfMUi