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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 intent of the act is to prevent metal theft that can then be sold on for cash. The over-riding intention is to ensure traceability and create an effective audit trail, [3] and therefore scrap metal dealers will need to take details of the seller and record it rather than pay cash for metal. Payment by cheque or funds transfer is permitted. [4]
Electronic scrap recycling is one of the most dynamic and fastest growing segments of the scrap recycling industry and generated an estimated revenue of more than $5.2 billion to the U.S. economy in 2010, employed more than 30,000 full-time employees in the private sector and when non-profit organizations are included, more than 45,000 people; and collected and processed domestically more than ...
EFTPS allows individuals and businesses to make their tax and estimated tax payments securely online using their bank accounts. Payments can be made only after enrolling in the system, and the enrollment process can take about a week (initial online enrollment is followed by relevant information being sent by physical mail, after which the online enrollment process may be completed).
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Once collected, the materials are sorted into types – typically metal scrap will be crushed, shredded, and sorted using mechanical processes. Metal recycling, especially of structural steel, ships, used manufactured goods, such as vehicles and white goods, is an industrial activity with complex networks of wrecking yards, sorting facilities ...
Sims Limited (formerly Sims Metal Management Limited) is a global environmental services conglomerate, operating through a number of divisions, with a focus on: (a) Ferrous and Non-ferrous metal recycling, (b) enterprise data destruction and cloud asset management (c) post-consumer electronic goods recycling and reuse, (d) municipal waste recycling, (e) gas to energy, and (f) waste to energy.
The product of a merger between the Sheet Metal Workers’ International Association (SMWIA) and the United Transportation Union (UTU), SMART represents over 210,000 sheet metal workers, service technicians, bus operators, engineers, conductors, sign workers, welders, and production employees, among others, throughout the United States, Puerto ...