The TDS on fixed deposit is applicable only if the interest earned on an FD in a financial year exceeds INR 40,000. This threshold amount is INR 50,000 in the case of for senior citizens. How is TDS Calculated on Fixed Deposit (FD) Interest? TDS (Tax Deducted at Source) is calculated...
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...
You can choose to receive your returns on an annual, monthly, or at-maturity basis, allowing you to enjoy a periodic income or reinvest towards other financial goals. Additionally, many banks offer flexible deposit options that enable you to add to your initial investment, helping you to grow...
Annual EBIT margin for the fiscal was the highest ever at 18.5%, driven by our focus on building a robust and sustainable operating model. The strong revenue growth and operational performance led to a 22% rise in PAT to ` 1,170 crore. Over the last 5 years, our PAT has continued to...
Each state collected Value Added Tax (VAT) for the sale of goods within the same state. For the inter-state sale of goods, CST (Central State Tax) was levied by the centre. And, on the sale of services, service tax is applicable. ...
The applicable GST rate for such services is 18%, ensuring clear identification of the service type and accurate tax calculation on the invoice. Understanding how the HSN Code is used in India India has been a member of the World Customs Organization (WCO) since 1971 and has utilized 6-...
The study area has a temperate continental monsoon climate, with dryness and low rainfall, cold winters, hot summers, large temperature differences (TDs) between day and night, daily maximum and minimum temperatures of 38 °C and −31.4 °C, respectively, and an annual average temperature of ...