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India Ministry of Finance Announces Measures to Support Economy During the COVID-19 Pandemic

|Approved Changes|India
India

India's Press Information Bureau has issued a release from the Ministry of Finance announcing a package of measures for businesses to support the Indian economy during the COVID-19 pandemic. A presentation on the measures has also been issued.

The main tax-related measures include the following:

  • The rates of Tax Deduction at Source (TDS) for non-salaried specified payments made to residents…

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