Budget 2024: Finance Minister Nirmala Sitharaman proposes TDS rate reduction on e-commerce operators

Finance Minister Nirmala Sitharaman has proposed to reduce the TDS rate on e-commerce operators from the existing 1 per cent to 0.1 per cent. The union budget 2023-24 was tabled in the parliament today. This is the new government’s first budget and is being considered the action plan for the Modi 3.0 government.