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Under Section 194M if the payments to resident contractors and professionals exceed INR 50,00,000 during the Financial Year, the payer has to deduct tax at the rate of 5% from the sum payable to a resident payee. payer has to issue TDS Certificates within two months of the next financial year. There are two types of major forms under TDS namely:
A Builders’ Exchange is a trade association or privately owned business that provides services and “exchanges” information among contractors, subcontractors, suppliers, design firms, construction clients and others involved in the local construction industry. Builders’ Exchanges share a common purpose of collecting and disseminating ...
Tax deducted at source (TDS) is applicable on recurring deposits in India. If the interest earned on recurring deposits exceeds Rs. 40,000 a year, TDS at the rate of 10% would be deducted by the bank. Income tax is to be paid on interest earned from a Recurring Deposit at the rate of tax slab of the Recurring Deposit holder. Investors with no ...
Most business phone vendors charge a per-user rate and offer discounts for annual prepayment or contracts for 12 months or longer. Some provide volume discounts or let you mix and match subscriptions.
Telephone and Data Systems, Inc. is a Chicago-based telecommunications service company providing wireless products and services; cable and wireline broadband, TV and voice services; and hosted and managed services to approximately 6 million customers nationwide through its business units TDS Telecom and U.S. Cellular (NYSE: USM) and OneNeck IT Solutions.
But as the average home equity loan interest rate hovers above 8.00%, it’s important to weigh the overall costs and risks associated with borrowing against your home.
A CBS News analysis of federal safety data revealed Amazon contractors primarily in the company's "middle-mile" delivery network had monthly violation rates — such as speeding and texting while ...
Sen. James J. Davis (R-PA) and Rep. Robert L. Bacon (R–NY-1), the co-sponsors of the Davis–Bacon Act. The Davis–Bacon Act of 1931 is a United States federal law that establishes the requirement for paying the local prevailing wages on public works projects for laborers and mechanics.