TDS (Tax Deducted at Source) will not be applied to your FD interest income as long as the interest earned is Rs. 40,000 or less in a financial year. However, if your interest earnings exceed Rs. 40,000, TDS will be deducted at the current rate of 10% on the entire interest amount...
You shall be able to check whether the deductor has filled the TDS statement correctly or if the collector of tax has precisely filled the details of the Tax Collected at Source(TCS) You can verify whether the tax deducted and collected on behalf of you has been deposited in the government...
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. Step 3:-...
Statutory compliance:At the time of processing all statutory deductions like EPF (Employee Provident Fund), TDS (Tax Deduction at Source), and ESI (Employee State Insurance) are deducted. The payroll administrator then sends the amount to the appropriate government agencies. The frequency of this p...
Solved: Hi Everyone, We are required to withhold a proportion of the balance due on supplier's Bill and pay that amount directly to the tax authorities. Please
You can check whether your Aadhaar card has been linked with your bank account in two ways – online on the Government website and offline through your mobile phone. Here are the steps for the two ways to check the Aadhaar linking status with the bank. ...
There are statutory deductions that businesses need to calculate such as TDS (Tax Deducted at Source), PF (Provident Fund),ESI (Employee State Insurance)in payroll execution. These amounts are calculated and then filed at appropriate government portals. If you do not pay these on the due dates...
Pay TDS with RazorpayX! The TDS deducted here should be deposited to the income tax department through Challan 281 on the behalf of the person who earned the income. Important Points to Consider Before Filing TDS Challan 281 DOs You will need a TAN number in order to file a TDS Challan ...
Any income earned from stock market investments by NRIs is subject to taxation in India. In terms of capital gains taxation, NRI tax treatment aligns with that of Resident Indians. It is important to know that AMCs will deduct Tax Deducted at Source (TDS) on redemption of mutual funds/divi...
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