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Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
The Tenancy Deposit Scheme (TDS) My Deposits; Deposit Protection Service (DPS) The Custodial schemes are free to use and the landlord or letting agents can simply pay the deposit online or over the phone. The money is held in a bank account by the Scheme and transferred directly to the tenant once both parties agree on the total sum of money to ...
In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
The idea behind his thought was, instead of taxing labor and capital, to tax the rent of land and natural opportunities, in order to regain the rent for public use. He pointed out that in general, taxation will stifle production behavior: he thought that incomes taxation reduces people's motivation to earn an income , taxation of wheat reduces ...
Andrew Lansing, a corrections officer at a prison in Chillicothe, Ohio, was killed Christmas Day in what state officials say was an "inmate assault."
The TDS rate for insurance commission, life insurance policy payments, rent payments, and commission or brokerage payments is proposed to be decreased from 5% to 2%. The TDS rate on payments made by e-commerce operators to e-commerce participants for the sale of goods or services is set to be reduced from 1% to 0.1%.
A massive search continues for a Massachusetts father who went missing while vacationing with his family in South Carolina.. Stanley Kotowski, 60, was last seen on August 16 when he abruptly left ...
Dennis Schröder is headed to the Bay. The Golden State Warriors traded for Brooklyn Nets guard Dennis Schröder on Saturday afternoon, according to ESPN's Shams Charania. In exchange, the Nets ...