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Budget 2019: Govt to levy 2% TDS for cash withdrawals above Rs 1 crore in a year

Updated : July 05, 2019 04:07 PM IST

The Finance Minister also proposed that business establishments with an annual turnover of more than Rs 50 crore shall offer low-cost digital modes of payment to their customers and no charges or Merchant Discount Rate (MDR) shall be imposed on customers as well as merchants.
Budget 2019: Govt to levy 2% TDS for cash withdrawals above Rs 1 crore in a year

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