Everything you need to Know about Tax Deduction at Source? Let’s Understand in Detail

Everything you need to Know about Tax Deduction at Source? Let's Understand in Detail

What is TDS? Tax Deducted at Source (TDS) is a system implemented by the Income Tax Department where a company or individual is required to deduct taxes on specified payments such as salary, commission, professional fees, interest, etc., before making the payment. This deducted amount counts towards the recipient’s tax liability, ensuring taxes are collected …

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What is National Pension Scheme? Figure Out Every Information in Detail

What is National Pension Scheme? Figure Out Every Information in Detail

In India, the National Pension Scheme (NPS) is a voluntary retirement savings program based on defined contributions by the participants. It is designed to enable subscribers to save systematically during their working years in order to provide them with a stable income post-retirement. It was introduced by the Government of India on January 1, 2004, …

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