Indian 1% e-commerce marketplace withholding tax Oct 2020
Indian 1% e-commerce marketplace withholding tax Oct 2020
in Tags
The Indian Finance Act 2020 introduced a 1% Tax Deducted at Source (TDS, or withholding tax) obligations on marketplace operators processing payments on behalf of their third-party merchants. Since 1 October 2020, marketplaces now have to register as withholding agents and deduct 1% of the