Banks' business correspondents seek relaxation in GST & TDS

Mumbai:  Banks ’ outreach agents, called as business correspondents or bank mitras, have sought for an immediate rebate on all their tax-related obligations such as GST and TDS along with a special hardship allowance for a period of at least six months till the troubles surrounding covid-19 lockdown persists.  They have alleged that banks are passing on added tax liabilities on their age…