TDS on FD interest income is calculated at 10% of the interest earned if it exceeds a certain threshold. For individuals under 60, the threshold is ₹40,000, while for senior citizens, it is ₹50,000. If your total taxable income is below the exemption limit, you can avoid TDS dedu...
TDS on Salary ITR-2 When To File ITR-2 Who-can-use-ITR-2 ITR-V ITR-V Acknowledgement Check my ITR-V Status ITR-V E-verification ITR-V-Rejected If ITR V is not submitted ITR-V In Income Tax Submit ITR-V GST ChecK GST Status Advantages-disadvantages GST GST Payment GST Registration ...
The Net Salary is calculated after subtracting all the income tax saving deductions, contributions and professional tax from the gross salary. TDS is deducted as per the estimated income and tax liability thereon for the financial yearQ: What is the standard deduction in salary as per the Income...
How is it calculated? 2. The tenancy agreement must make clear that the deposit can be used to pay the permitted fee. If it does not, a tenant may be liable to pay the fee, but TDS may not be able to award it from the deposit. 3. Wherever possible, the likely amount of the...
How is IGST calculated under Imports? How is IGST rate on imports treated? GST and e-Commerce Business, FAQ Definition of E-Commerce under GST TDS under GST, Frequently Asked Questions Does Interest attract on GST Tax payment delay?
10. TDS and Advance Tax Salaried individuals witness Tax Deducted at Source (TDS) deductions monthly. This TDS aligns with your final tax liability. If it surpasses Rs. 10,000 for the fiscal year, Advance Tax payments may become necessary. ...
How is IGST calculated under Imports? How is IGST rate on imports treated? GST and e-Commerce Business, FAQ Definition of E-Commerce under GST TDS under GST, Frequently Asked Questions Does Interest attract on GST Tax payment delay?
TDS under GST, Frequently Asked Questions Does Interest attract on GST Tax payment delay? Step by step procedure to login with GST common portal in India Mechanism of Payment of GST tax in India Levy of late fee for GST Tax returns filing in India ...
Mentioned below is the simple guide to e-file the forms 15G and 15H using Gen TDS Software: Case 1: E-file Form 15G Step 1:-First Install theGen TDS Return Filing Softwareon your laptop and pc. Step 2:-After that Open the TDS Software and Click on the 15G/15H Tab. ...
How is IGST calculated under Imports? How is IGST rate on imports treated? GST and e-Commerce Business, FAQ Definition of E-Commerce under GST TDS under GST, Frequently Asked Questions Does Interest attract on GST Tax payment delay?