I'm trying to understand the cost associated with the TDS fee. Could someone please explain how much the TDS fee typically is?
6 answers
AmyDavis
Thu Oct 31 2024
Tax deductions at source (TDS) are mandatory for individuals making certain payments to residents.
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%.
CherryBlossom
Thu Oct 31 2024
Payments subject to TDS include amounts charged as professional services fee.
CryptoPioneer
Thu Oct 31 2024
Technical service fees are also considered taxable and require TDS deduction.
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.