Taxation

What is TDS certificate?

Under the Indian income tax laws, people making specific payments are liable to deduct tax from the payment amount at the source. Under Section 194J of the Income Tax Act, people are liable to … READ FULL STORY

Taxation

TDS rate chart for 2023

Entities responsible to deduct TDS or Tax Deducted at Source under the Income Tax (I-T) law must deduct a certain portion of the payment involved and submit it to the I-T Department. The TDS … READ FULL STORY

Taxation

How to pay TDS online?

Tax Deducted at Source (TDS) is a sytem under which tax is directly collected at the point of generation of income. Under the income tax laws in India, TDS is deducted by the payer, … READ FULL STORY

Taxation

Section 195 of Income Tax Act

Under Indiaโ€™s income tax law people making certain payments are responsible for deducting tax at source (TDS) from the amount. Section 195 of the Income Tax Act deals with TDS deductions on NRI income. … READ FULL STORY