14 February 2020
TDS should be deducted by resident on Payment of processing fee to financial institutions which are not Governed by Banking Regulation Act. In case payment is to a BANK same is Exempt. so in your case tds not to be deducted.
14 February 2020
Export–Import Bank of India is a finance institution in India, established in 1982. also get knowledge from the employee for your query
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