Amazon, Flipkart to approach govt for clarification on Budget proposal on TDS

Amazon and Flipkart will approach the government for clarifications on the 1% TDS announced during the Budget. "We're studying the details and will reach out to the government for clarifications. We hope the tax regime is simple and uniform," Amazon said. Flipkart added, "We are studying the details, particularly how it impacts the MSMEs and sellers on our marketplace platform."

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