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TDS stands for tax deduction at source, a means of collecting tax on income, dividends, or asset sales in India. Learn about the objectives, rates, provisions, and certificates of TDS under different sections of the Income Tax Act 1961.
TAN is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them in India. TAN is used to deposit, claim and verify the tax deducted at source (TDS) and to issue certificates.
Form 10BA is a declaration form that is used by a certain section of assessees while filing income tax returns in India. The form is a declaration by the assessee. The format is specified by the Income Tax Department of India. Form 10BA applies to a certain section of assessees who are required to claim deductions under section 80GG.
A no-objection certificate (NOC) is a legal document that does not object to certain covenants. It is required for some government-based departments, especially in the Indian subcontinent, such as for travel purposes.
A certificate of pharmaceutical product (CPP) is a document issued by a country of origin to establish the status of a drug product and its applicant. It is used for registration or importation of drugs in other countries and follows a WHO-recommended format.
EMV is a technical standard for smart payment cards and terminals that can accept them, created by Europay, Mastercard, and Visa. EMV cards are also called chip cards, which store data on integrated circuit chips and provide improved security and authentication compared to magnetic stripe cards.
Professional tax is a direct tax levied by state governments in India on income from salary or profession. Learn about the rates, methods of collection, exemptions, penalties and applicability of professional tax in different states.
Learn about the definition, types, production and use of certified reference materials (CRMs), which are standards for checking the quality and traceability of products and measurements. Find out the terminology, criteria and examples of CRMs in different fields and applications.