BUSINESS

Government Postpones Provision Relating To TDS, TCS Ahead Of GST Rollout

This has reportedly been done to provide more time for persons liable to deduct tax at source.

26/06/2017 3:16 PM IST | Updated 26/06/2017 3:17 PM IST
shylendrahoode via Getty Images

NEW DELHI -- The government has postponed the provision relating to Tax Deduction at Source and Tax Collection at Source under the GST, ahead of its July 1 roll-out.

This has been done to provide more time for persons liable to deduct tax at source and e-commerce companies and their suppliers to prepare for the historic tax reform.

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