CBDT Exempts Credit Guarantee Fund Trust for Micro and Small Enterprises from TDS

Last updated: 20 December 2024


In a significant move to bolster micro and small enterprises (MSEs), the Central Board of Direct Taxes (CBDT) has issued Notification No. 128/2024, dated December 18, 2024. The notification provides that no Tax Deducted at Source (TDS) shall be applied to payments received by the Credit Guarantee Fu

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