Navigating the challenging world of our tax system can feel daunting, particularly when it comes to understanding Tax Deducted at Source, or TDS. Essentially, TDS is a process where your employer or other entities are required to withhold a portion of your earnings and remit it directly to the government. This applies to a wide range of payments, i

When procuring goods, it's crucial to comprehend the implications of TDS deductions. TDS, or Tax Deducted at Source, represents a percentage withheld by the buyer from the payment due to the seller. This deduction is then remitted to the government authorities by the buyer. The rate of TDS applicable varies depending on the nature of the goods purc