3 days ago · TDS Rate Chart for FY 2025-2026 (AY 2026-2027): Tax Deduction at Source (TDS) is one of the important compliances of Income Tax. Find out the TDS rates applicable to resident and non-resident Indians.

Filing Tax Deducted at Source returns is mandatory for all the persons who have deducted TDS. TDS return is to be submitted quarterly and various details need to be furnished like TAN, amount of TDS deducted, type of payment, PAN of deductee, etc.

The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall deduct tax at source and remit the same into the account of the Central Government.

Mar 20, 2025 · Learn about Tax Deducted at Source (TDS) - its meaning, importance, and how it works. Understand TDS return filing and due dates to ensure compliance with tax regulations. Get a clear understanding of TDS and its implications for your financial obligation

2 days ago · TDS - Know All about Tax Deducted at Source and Learn How to file TDS Return & Upload TDS Statement Online. Check Penalty & TDS Rates for FY 2024-25.

Tax Deducted at Source (TDS) is a procedure implemented by the Indian government to collect taxes at the source of income. A certain percentage of tax is deducted by the payer at the time of making payments to the receiver, and this amount is then remitted to the government.

Mar 22, 2025 · Below you’ll find the TDS rate chart, which summarises all the TDS provisions of the Income Tax Act. The threshold for TDS on rent has been increased from Rs.2.4 lakhs per year to Rs.6 lakhs per year. The threshold for TDS on senior citizen interest income has been increased from Rs.50,000 to Rs.1,00,000. What is TDS? What is TDS Chart?

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).

Sep 15, 2023 · What is Tax Deducted at Source (TDS)? TDS is the amount of tax collected from the taxpayer by the employer or other deductor and deposited to the Income Tax Department on behalf of the taxpayer. It is an approach by which governments, particularly in India, collect income tax at the point of receipt.

Mar 31, 2023 · Learn about Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in India, when to deduct/collect, compliance, penalties, and more. What is TAN? Find out.