No TDS cut for salaried to avoid compliance burden: Finance Secy

The 25% cut in tax deducted at source (TDS) the government has announced as part of the Atmanirbhar Bharat Abhiyan economic stimulus package is not applicable for salaried employees because it would lead to higher compliance burden, finance secretary Ajay Bhushan Pandey has said.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/no-tds-cut-for-salaried-to-avoid-compliance-burden-finance-secy/articleshow/75751815.cms