1 day ago ·TDS orTax Deducted at Sourceis a specific amount that is deducted when a certain payment like salary, commission, rent, interest, professional fees, etc. is made. The TDS rates are set on the basis of the age bracket and income of different individuals. TDS orTax Deducted at Source, is a way of taking part of your income tax right when you get paid. It happens when you receive certain kinds of payments. TDS applies to various income sources, including salaries, interest earned on bank savings, rental income from property, and even commissions. Oct 26, 2025 ·TDS orTax Deducted at Sourceis an income tax that is collected from certain payments like rent, salary, commission, interest, professional fees, etc. The person paying the amount should deduct TDS from such a payment. Sep 11, 2025 ·It is asystem under the Income Tax Act where tax is deducted by the payer and remitted to government, for certain payments like salary, rent, interest, and professional fees. TDS ensures timely tax collection and helps the government track taxable income throughout the financial year.
