Cryptocurrency Q&A How much is TDS fee?

How much is TDS fee?

CryptoLord CryptoLord Tue Oct 29 2024 | 6 answers 1664
I'm trying to understand the cost associated with the TDS fee. Could someone please explain how much the TDS fee typically is? How much is TDS fee?

6 answers

AmyDavis AmyDavis Thu Oct 31 2024
Tax deductions at source (TDS) are mandatory for individuals making certain payments to residents.

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Giulia Giulia Thu Oct 31 2024
When the amount paid exceeds Rs.30,000 in a fiscal year, TDS should be deducted at a rate of 10%.

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CherryBlossom CherryBlossom Thu Oct 31 2024
Payments subject to TDS include amounts charged as professional services fee.

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CryptoPioneer CryptoPioneer Thu Oct 31 2024
Technical service fees are also considered taxable and require TDS deduction.

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Martina Martina Wed Oct 30 2024
Non-compete fees, as stipulated in Section 28(VA) of the Income Tax Act, fall under the TDS deduction category.

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