why government deducting TDS on crypto?
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The new directive says that while using the premium FSI, equal amount of TDs should be utilised at each stage of construction,” said Rajendra Nimbalkar, the chief executive officer of SRA.
The officials said that as many as 125 projects were in the pipeline, while 60 were underway. Majority of them were dependent on TDs. So, they were either stopped or going on at a slow pace. The TDs rate had gone up to Rs4,500 per sqft during its peak consumption. It had now come down to Rs600 per sq t to Rs1,000 per sqft.
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