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ONDC welcomes CBDT guidelines on 1% income tax deduction for ecommerce operators

18 0
03.01.2024

Open Network For Digital Commerce (ONDC)has welcomed the recent guidelines issued by the Central Board of Direct Taxes (CBDT) on the 1% income tax deduction on the total amount of goods or services sold by ecommerce firms operating within a multiple-operator model framework.

These guidelines, according to ONDC, will provide clarity for participants in the ONDC ecosystem, ensuring a........

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