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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 ...
Challan. Challan or Chalan is a common Hindi word (चालान, cālān) that has become an Indian English technical word used officially in many professional, especially financial transactions. It usually means an official form or receipt of acknowledgement or other kind of proof document, piece of paperwork, police citation, etc.
Royalty payment. A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and ...
The free online tax filing program piloted this year by the IRS will be made permanent and its scope will be expanded, Treasury Secretary Janet Yellen announced Thursday. Known as “Direct File ...
LIMA (Reuters) -Peru's attorney general's office on Monday presented a so-called constitutional complaint against President Dina Boluarte in an alleged corruption case involving her use of luxury ...
Public Law 280. Public Law 280 [1] is a federal law of the United States that changes legal jurisdiction on Indian lands and over Indian persons. The law transfers some jurisdiction from the federal government to states in both civil and criminal cases in certain places. It was passed in 1953.
Stock Holding Corporation of India Limited (SHCIL) is an Indian custodian and depository participant, based in Navi Mumbai, Maharashtra. [2] SHCIL was established in 1986 as a public limited company and is a subsidiary of IFCI. It is also responsible for e-stamping system around India. It is also authorised by Reserve Bank of India as Agency ...
The Indian Army is the land-based branch and largest component of the Indian Armed Forces.The President of India is the Supreme Commander of the Indian Army, and its professional head is the Chief of Army Staff (COAS).