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Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
At least 37 people are killed and more than 3,400 others injured after electronic devices used by Hezbollah members explode in Lebanon and Syria.; Severe flooding in central Europe leaves at least 25 people dead and 11 others missing, with several towns submerged.
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