Powerd By SAG INFOTECH
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Banks have the privilege to deduct a collection of revenue income officially termed TDS, which is a method of collecting tax on one’s interest income. Also, there’s an exemption limit of Rs. 2,50,000 under which, if your overall income falls, the same is charged. According to the Section 194A of the IT Act, 1961, banks […]
TDS or Tax deducted at source is a Tax collection mode. It is a definite percentage of the payment or income earned by an individual. The deducted amount goes to the government account which is utilized for the growth of the company. Filing tax is a mandatory job and must be carried out periodically or […]
