Search results
Results from the WOW.Com Content Network
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 commission that the agent receives is usually a percentage of this figure, although some firms like Merrill Lynch use figures called Production Credits, usually smaller than GDC, to determine payouts and retain more revenue. For example, a mutual fund with a 5.75% sales charge is sold to someone who invests $10,000.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Eligible taxes include state and local income taxes, property taxes, and either state and local sales taxes or state and local general sales taxes. [8] To claim the deduction, taxpayers must itemize their deductions on Schedule A of Form 1040. There is a $10,000 limit on the SALT deduction, or $5,000 for a married person filing a separate ...
Lizzo is telling her truth.. The "Truth Hurts" rapper and singer is resurfacing after a sexual assault lawsuit filed by former dancers last year derailed her career. On Thursday's episode of "Baby ...
Name something more wonderful than getting a huge dose of sunshine. It’s divine—and when winter comes and the days get shorter, that lack of light is exhausting.
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%.
What followed was a crash course in creative connection. We wrote actual letters to each other, created a two-person book club, and competed fiercely in online trivia games, our heated debates ...