Tax Deducted at Source (TDS) is a key component of India's taxation system, intended to simplify tax collection and ensure compliance. It makes tax collection more convenient while also ensuring that people do not evade paying taxes. This technique ensures that taxes are deducted at the source of income, whether it be wage, rent,...
With the increasing popularity of influencer marketing in India many social media influencers are constantly sent gifts, freebies, and promotional materials by companies. These are frequently given in exchange for promoting products or services on social media platforms such as Instagram, YouTube, and TikTok. Beginning July 1, 2022, influencers will be subject to a...
Tax Deducted at Source, or TDS is an important component of the Indian taxation system that service providers need to understand. This approach ensures that taxes are deducted at the point of payment, eliminating the burden of tax filing at the end of the financial year and ensuring that the government receives its revenue...
