Updated for 2026 Syllabus Detailed Explanations High-Yield Core Concepts

Bank Promotion Exam Guide

Banking Awareness | Banking Knowledge | for all Bank Exams

Module: General Practice

Q13: Regarding the rationalization of TDS (Tax Deducted at Source) norms in Budget 2026-27, which of the following sectors saw a reduction in the TDS rate for e-commerce operators to improve working capital flow for small sellers?

A
Online Gaming Platforms
B
E-Commerce Operators (Section 194-O)
C
Crypto/VDA Transfers
D
Lottery Winnings
✅ Correct Answer: B
The TDS rate under Section 194-O for E-Commerce Operators was reduced from 1% to 0.1%. This applies to platforms like Amazon or Flipkart when they make payments to sellers.
The 1% rate was locking up significant working capital.
The Union Budget 2026-27 lowered this to 0.1% to create the audit trail without hurting liquidity, while TDS on gaming remains high.