Bidmy Scrap

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2026-03-10 08:50:04 -

Tax Efficiency in 2026: Why the 2% TCS Rationalization Makes eScrap auctions a Must for CFOs

The Union Budget 2026 has introduced a landmark reform for the recycling sector: the rationalization of the Tax Collected at Source (TCS) on scrap to a uniform 2%. This move is designed to bring predictability to the market and reduce the "Compliance Friction" that previously drove many transactions into the unorganized, cash-based sector. For corporate finance teams, this is a clear signal to...

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