Navigating the complex world of our tax framework can feel daunting, particularly when it comes to knowing Tax Deducted at Source, or TDS. Essentially, TDS is a process where your employer or other entities are required to retain a portion of your payment and remit it directly to the government. This applies to a wide range of transactions, includi

When procuring goods, it's crucial to comprehend the implications of TDS deductions. TDS, or Tax Deducted at Source, represents a percentage withheld by the buyer from the payment due to the seller. This deduction is then remitted to the revenue authorities by the buyer. The percentage of TDS applicable varies depending on the nature of the goods p