NBFCs further sought a TDS exemption on every repayment made to them, arguing that the existing levy adds to their compliance burden. (Image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Finance Minister Nirmala Sitharaman's meeting with India Inc's BFSI heads has come to an end on Wednesday, with the industry seeking a refinancing window for non-banking entities, learnt NDTV Profit from people familiar with the matter.

Industry representatives also urged the government to lower the SARFAESI threshold for NBFCs to Rs 1 lakh, matching the limit applied to banks, highlighting that the current rule, which only covers NBFC loans above Rs 20 lakh, creates an uneven operating framework.

NBFCs further sought a TDS exemption on every repayment made to them, arguin

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