Following is the tds rate for the financial year 2020-21 NATURE OF PAYMENT SECTION CUT OFF LIMIT TDS Rate for Individual and HUF TDS rate for others Premature payment by PF from EPF A/C(i.e. before 5 Years). 192A 50,000 10%
50 Deductions to Save Income Tax on Salary
We help Thousands of employees to save their taxes every year. There are various deductions that is available to employees to save income tax on salary income. We have complied various deductions available to salaried employees to save their Income
Equalisation Levy
Equalisation levy is the tax on online advertisement paid to foreign companies for amount more than 1 lakh. Equalisation levy rate is 6% and on e-commerce 2%
Form 15CA and 15CB
A person making remittance to a Non-resident needs to file online forms with the Income tax authority before sending the fund abroad in Form 15CA and 15CB. As per the Section 195 of The Income tax Act, every person liable