Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

Post Office provides a wide range of both long-term and short-term investment options. However, not all of these come with tax benefits. In fact, the interest earned on certain Post Office schemes is ...

As per Section 194-O of the Finance Act, 2020, e-commerce platforms are required to deduct a 1 percent tax on the gross amount of sale of goods or services facilitated through their platform. This ...

The tax deductor should deposit the amount by the 7th day of the next month. (Image: Freepik) Tax deducted at source (TDS) is the income tax deducted from the payment made including salaries, ...

The Income Tax department has clarified the applicability of TDS liability of e-retailers trading through the government's open network digital commerce. As per the FAQ issued by the Central Board of ...

Even though many of us are familiar with tax filing, the process of TDS deduction is still confusing for many. When and where TDS is applicable, what are the procedures to reduce it and how to claim ...

The Indian Income Tax Act lays down specific rules for deducting TDS (Tax Deducted at Source) on rent payments, especially when rent crosses a certain limit. Many landlords and tenants remain confused ...

Section 192A of the Income Tax Act mandates the deduction of TDS on withdrawals from the Employees’ Provident Fund (EPF). According to this provision, TDS must be deducted at the time of EPF ...

The Supreme Court on February 28 ruled that telecom companies need not deduct Tax Deduction at Source (TDS) for selling pre-paid SIM cards to their distributors at a rate below the market price. In ...