https://www.taxtmi.com/article/detailed?id=8948 Proposes a unified TDS regime on sales and services consolidating multiple withholding provisions, with differential low rates, exclusion of GST from gross value, and a threshold-triggered rule that, once crossed, makes withholding applicable to the entire amount from the start of the financial year. Recommends allowing organised payees to elect to pay advance tax instead of being subject to TDS/TCS, thereby exempting large/organized taxpayers from withholding while targeting TDS/TCS at salaries and unorganised small-sector payees. en-us Fri, 07 Feb 2020 09:38:47 +0530 Fri, 07 Feb 2020 09:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8948 Proposes a unified TDS regime on sales and services consolidating multiple withholding provisions, with differential low rates, exclusion of GST from gross value, and a threshold-triggered rule that, once crossed, makes withholding applicable to the entire amount from the start of the financial year. Recommends allowing organised payees to elect to pay advance tax instead of being subject to TDS/TCS, thereby exempting large/organized taxpayers from withholding while targeting TDS/TCS at salaries and unorganised small-sector payees. Articles Income Tax Fri, 07 Feb 2020 09:38:47 +0530 https://www.taxtmi.com/article/detailed?id=8948