ReferIndia News Budget 2026: EY says complex TDS regime hurting ease of doing business, seeks consolidation

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Budget 2026: EY says complex TDS regime hurting ease of doing business, seeks consolidation

Published on: Jan. 8, 2026, 7:14 p.m. | Source: CNBC TV18

EY has urged the government to simplify the tax deducted at source framework by sharply reducing the number of rates and eliminating low-rate TDS on GST-covered transactions, arguing that the current system creates avoidable compliance burdens without adding meaningful oversight.

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