TDS (tax deducted at source) is the collection of tax from the source of income.
An employer paying salary to employees must deduct tax from the salary on behalf of employees and remit the same to the Central government. The amount is deducted before payment of salary. Thus is called Tax deducted at source.
Related Links:
- Documentation Page - To learn more about TDS, click here.
- Product Update - To read our product update, click here.