Doctors, social media influencers required to pay TDS on freebies from 1 July3 min read . Updated: 19 Jun 2022, 06:26 AM IST
- The provision was introduced in the Finance Act of 2022 to widen the tax base and to ensure that those who benefit from such sales promotion expenditure by businesses report it in their tax returns and pay tax on what the benefit is worth
NEW DELHI: Doctors and social media influencers are among those who will be subject to a new rule which mandates a 10% tax deducted at source (TDS) on freebies they receive from businesses for sales promotion.
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