In the Union budget, finance minister P. Chidambaram proposed to apply tax deducted at source (TDS) at the rate of 1% on the value of transfer of immovable property above 50 lakh, except agricultural ...

Taxpayers often need to check their TDS status. In such a situation, they can easily check TDS from home. Under TDS, the government keeps some percentage of the money with itself. This tax is ...

The term Tax Deducted at Source (TDS) often leaves individual tax payers a bit confused about what this actually means and how it operates. There has been a wide expansion of the places where an ...

The Central Board of Direct Taxes (CBDT) issued a notification on 31 May giving clarity on tax deducted at source (TDS) on immovable property. Effective 1 June, TDS at the rate of 1% on the value of ...

The tax deductor should deposit the amount by the 7th day of the next month. (Image: Freepik) Tax deducted at source (TDS) is the income tax deducted from the payment made including salaries, ...