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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.
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.
Protean eGov Technologies is an Indian IT company that provides digital public infrastructure and e-governance solutions for various governmental bodies. It was formerly a subsidiary of NSDL and has projects in tax, social security, ID, cloud, and fintech sectors.
The UAE is a low-tax jurisdiction with federal and local governments levying various taxes, including VAT, corporate tax, and excise tax. Dubai is part of the UAE and follows the federal tax system, but some emirates have different tax rates and exemptions.
The Income Tax Department is a government agency in India that collects direct taxes under the Central Board of Direct Taxes (CBDT). It enforces various tax laws, such as the Income-tax Act, 1961, and deals with international taxation issues.
The Income Tax Act, 1961, and the Income Tax Rules, 1962, require citizens to file their tax returns with the Income Tax Department at the end of every financial year and this form is a part of the filing process as specified by the Government of India. The due date for filing return with the Income Tax Department of India is 31 July every year.
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