NBFCs Budget Demand: Provide liquidity support, extend restructuring scheme to retail MSMEs

Non-bank lender’s have also sought exemption of TDS on interest income. Presently, tax is deducted at source at the rate of 30 per cent by securitisation trust from income payable to an investor who is not an individual.

from Banking/Finance-Industry-Economic Times https://ift.tt/2KssF1L