TDS

It’s that time of the year again. You filed your Income Tax Return (ITR) diligently, probably back in July or August, expecting a nice, timely refund. You calculated the amount down to the last rupee, planned a small treat for yourself, or maybe just looked forward to that extra cash settling back into your bank … Read more

If you have a job or earn money from other sources, you’ve probably heard of TDS, or Tax Deducted at Source. It’s like a small advance tax that is cut from your income before you receive it. Your company or bank (called the “deductor”) deposits this tax with the government on your behalf. The proof … Read more