EPF contribution lowered to 10% for three months; TDS, TCS rates cut by 25% till March 31, 2021

While reduction in PF rates will give Rs 6,750 crore liquidity relief, the reduction in TDS and TCS rates for non-salaried specified payments and specified receipts will release Rs 50,000 crore liquidity into the system.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3cs1xsE