TDS on e commerce operator payments cut, lowering withholding obligations for platform mediated sellers and service providers. The Bill amends the withholding provision for platform mediated sales and services so that an e commerce operator shall deduct tax at a reduced rate of 0.1 per cent. of the gross amount when crediting or paying amounts to an e commerce participant; this reduced rate is effective from the 1st day of October, 2024 and does not affect the timing rule requiring deduction at the time of credit or payment, whichever is earlier.