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  2. Tax deduction at source - Wikipedia

    en.wikipedia.org/wiki/Tax_deduction_at_source

    TDS stands for tax deduction at source, a withholding tax in India that applies to various types of income, dividends, or asset sales. Learn about the objectives, rates, provisions, and certificates of TDS under the Income Tax Act of 1961.

  3. Tax Deduction and Collection Account Number - Wikipedia

    en.wikipedia.org/wiki/Tax_Deduction_and...

    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.

  4. State and local tax deduction - Wikipedia

    en.wikipedia.org/wiki/State_and_local_tax_deduction

    Learn about the federal tax deduction for state and local taxes, which was capped at $10,000 by the Tax Cuts and Jobs Act of 2017. Find out how the deduction works, who benefits from it, and how it affects federal revenue and spending.

  5. ‘This ultimately is about fairness’: Revamped Trump-era tax ...

    www.aol.com/finance/ultimately-fairness-revamped...

    The House is considering expanding the state and local tax deduction limit for higher-income married couples in high-tax states.. The bill, sponsored by Rep. Michael Lawler, R-N.Y., would double ...

  6. Income tax in India - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_India

    Learn about the history, law, administration and collection of income tax in India, a key source of government funding. Find out how income tax is governed by the Income-tax Act, 1961 and other laws, and how it applies to different types of taxpayers and income.

  7. Kisan Vikas Patra - Wikipedia

    en.wikipedia.org/wiki/Kisan_Vikas_Patra

    Kisan Vikas Patra is a government-supported saving certificate scheme in India that guarantees to double the invested amount in 115 months. Learn about its benefits, eligibility, tax implications, and how to apply for it.

  8. Indian tax forms - Wikipedia

    en.wikipedia.org/wiki/Indian_tax_forms

    This form is directly related to the process of making a payment to a non-resident entity and deduction of Tax Deduction at Source (TDS) on the payment made, at the rates in force at the time. [3] As per Sub-Section (6) of Section 195 of the Income Tax Act of 1961, Form 15CA is required to be presented to the Reserve Bank of India before a ...

  9. Income tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_the_United...

    Learn about the federal and state income tax systems in the U.S., including sources of law, basic concepts, rates, deductions, and credits. Find out how income is defined, taxed, and reported for individuals, corporations, and other entities.

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