Tax Deducted at Source (TDS) is the tax deducted by the payer before they make certain payments. These include salaries, bank interest, or rent, to the payee. Sometimes, due to miscalculated ...

TDS or tax deducted at source is widely known in the case of salaried employees, as it becomes difficult for the Income tax authorities to collect tax from individuals separately, so they collect it ...

TDS Filing Online: Late filing of TDS return attracts a fine of Rs 200 per day till the TDS return is filed. TDS Online Return Filing: Tax deducted at source (TDS) as the name suggests is the amount ...

ITR 2021-22 | New Delhi: In today’s day and age, there are various sources of income for people. It is especially true in the case of freelancers. The number of entries on the debit side of the ...

New Delhi: As per Section 195 of the Income Tax Act, when a non-resident Indian (NRI) sells a property, TDS is required to be deducted at 20 per cent plus surcharge and cess by the buyer from the sale ...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has introduced major revisions to the tax deducted at source (TDS) rules, aimed at providing financial relief to taxpayers, ...

The new rules around the tax deducted at source (TDS) on virtual digital assets (VDAs) will come into effect from today. Under the new rules, the seller will get 1% TDS from the buyer when ...