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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 ...
Advance tax on cash withdrawal.: (1) Every banking company shall deduct advance adjustable tax at the rate of 0.6% of the cash withdrawal from a person whose name is not appearing in the active taxpayers’ list on the sum total of the payments for cash withdrawal in a day, exceeding fifty thousand rupees. Explanation: For removal of doubt, it ...
A transaction authentication number (TAN) is used by some online banking services as a form of single use one-time passwords (OTPs) to authorize financial transactions. TANs are a second layer of security above and beyond the traditional single-password authentication. TANs provide additional security because they act as a form of two-factor ...
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Check If It's a First Edition Open the book to the copyright page, says Mann. For a book to be worth anything significant, you typically have to have a first-edition copy from the original publisher.
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.
Elon Musk is the richest person in the world with an approximate net worth of $222 billion as of early August. Musk is the founder of SpaceX and The Boring Company and co-founder of PayPal and ...
As Reeve recalled thinking at the time, " 'I ruined my life and everybody else’s. I won’t be able to ski, sail, throw a ball to Will. Won’t be able to make love to Dana. Maybe we should let ...