Air India defaults on TDS, EPF payments as Centre mulls on how to sell the carrier

New Delhi: Cash-strapped Air India has been defaulting on statutory dues such as tax deducted at source (TDS) and Employees’ Provident Fund (PF) payments, said people with knowledge of the matter. This comes as the government considers how best to sell the state-owned national carrier, having failed to offload a majority stake two years ago.

The airline denied it was behind on TDS but didn’t respond to queries on PF.