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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 ...
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
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.
Delhi Lok Adalat or Delhi Legal Services Authority (People's Court) is an statutory and autonomous body and an alternative dispute resolution mechanism [2] used in the Union Territory of Delhi. The Delhi Lok Adalat Act is designed to provide constitutional protection guaranteed under Article 14 and 39-A of the Constitution of India , of ...
Tata Power Delhi Distribution Limited (TPDDL) is an Indian electric utility serving the northern and western parts of Delhi. It is a joint venture between the Government of NCT of Delhi and Tata Power Company Limited, which holds a 51% majority stake in the venture. It started operations on 1 July 2002 and currently serves 7 million people in ...
National Payments Corporation of India (NPCI) is an Indian public sector company that operates retail payments and settlement systems in India. The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
Municipal Corporation of Delhi (MCD; ISO: Dillī Nagara Nigama) is the municipal corporation that governs most of Delhi, India. The MCD is among the largest municipal bodies in the world providing civic services to a population of about 20 million citizens in the capital city Delhi. [ 1 ] It is headed by the Mayor of Delhi, who presides over ...
v. t. e. The Government of Delhi, officially the Government of the National Capital Territory of Delhi (GNCTD; ISO: Rāṣṭrīya Rājadhānī Kṣētra Dillī Sarakāra) is the governing body of India 's National Capital Territory of Delhi, whose urban area is the seat of the Union Government. It also governs the city or local governments in ...