TDS or Tax Deducted at Source is a mechanism implemented by the government to ensure timely tax collection. When you purchase goods or services from a supplier, you may be required to deduct a certain percentage of the payment as TDS and submit it to the government authorities. The TDS rate varies depending on the nature of goods or services acquir

When procuring goods, it's crucial to grasp the implications of TDS (Tax Deducted at Source). TDS is a mechanism where buyers are required to subtract a certain percentage of the payment as tax and transfer it to the government on behalf of the supplier. This system applies to various goods, and the TDS rate fluctuates based on factors like the nat