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Tax deduction at source. Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income ...
Typically, the withheld tax is treated as a payment on account of the recipient's final tax liability, when the withholding is made in advance. It may be refunded if it is determined, when a tax return is filed, that the recipient's tax liability is less than the tax withheld, or additional tax may be due if it is determined that the recipient ...
Corporate taxes (33.99%) Other taxes (2.83%) Excise taxes (20.84%) Customs duties (17.46%) Other taxes (8.68%) other taxes (11.96%) Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined ...
The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale ) Company
If a 20-year-old puts $10,000 in a savings account that yields 5% annually, they would have $70,000 by the time they turn 60. However, if they do the same at 30, they would only have $43,000 on ...
House Republicans and Democrats have released two dueling visions for the farm bill, the massive $1.5 trillion omnibus that underpins the U.S. food system. The contrasting proposals show the fault ...
From November 2008 to March 2010, if you bought shares in companies when Dennis D. Dammerman joined the board, and sold them when he left, you would have a -36.5 percent return on your investment, compared to a 30.9 percent return from the S&P 500.
Asked at Saturday's shareholder meeting why Berkshire Hathaway sold 115 million shares in Apple stock over the past quarter, Buffett warned it may have to pay higher corporation tax.