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5% TDS on vegetable, fruit traders to promote tax compliance: Revenue secy
July 24, 2018 07:00 am
KATHMANDU, July 24: According to Revenue Secretary Shishir Kumar Dhungana, the government imposed the new tax after finding income tax collection from the sector very low. He, however, clarified that the tax cannot be passed on to consumers.Fruits and vegetable traders have allegedly hiked prices after TDS came into effect from last Tuesday -- the start of new Fiscal Year 2018/19.
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