Sub-contractors registered for gross payment status receive full payment without deductions and settle tax through year-end returns. Those without gross status have 20% (or 30% if unregistered) deducted at source by the contractor.
Sub-contractors registered for gross payment status receive full payment without deductions and settle tax through year-end returns. Those without gross status have 20% (or 30% if unregistered) deducted at source by the contractor.