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What is TDS? Please explain rate of TDS.

Answer Posted / rajni

TDS- Tax Deducted at Sources . tds rates are classified for
nature of transaction [payment]
Like...............
payment to Contractor & sub contractor -1.03%
Payment to technical fees -10.30%
payment to Landlord [Rent]-15.45%
etc

Is This Answer Correct ?    22 Yes 5 No



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