Tax Deducted at Source (TDS) is a means of collecting income tax in India. It requires that a certain percentage of tax be deducted from payments made to individuals or entities. This ensures that tax is collected at the source of income, thereby reducing tax evasion.
Tax Deducted at Source (TDS) is a means of collecting income tax in India. It requires that a certain percentage of tax be deducted from payments made to individuals or entities. This ensures that tax is collected at the source of income, thereby reducing tax evasion.