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Taxing growth: TDS isn’t tedious, but it is excessive


The effect of the ‘big bang’ corporate tax rate reform is limited to profitable, tax-paying enterprises, which, as per the 2019 Budget papers, are only 46.41% of all corporates.

The effect of the ‘big bang’ corporate tax rate reform is limited to profitable, tax-paying enterprises, which, as per the 2019 Budget papers, are only 46.41% of all corporates.

By Siddarth M Pai

For those who brave the treacle-like Bangalore traffic, the board outside the tax office near Chinnaswamy cricket stadium offers a chuckle as it says “TDS isn’t Tedious” in a dark maroon font. While it can ...


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