Rising Bharat – Budget Highlights for FY 2023-24
This article will discuss the budget highlights for FY 2023-24, presented by the Minister of Finance of India on February 01, 2023. This marks the fourth budget of the Narendra…
What is TDS, why it is deducted and to whom?
tax deducted at source
When a person pays certain types of income, such as salary, commission, rent, professional fees, interest, etc., they deduct a specific amount known as Tax Deducted at Source (TDS). The…
Budget Highlights for the FY 2022-2023
budget 2022-23| sumopayroll
Highlights of Union Budget for the FY 2022-2023 We have a promise from the government for a steady & predictable tax system Demystified old & new tax regimes - benefit…
Top highlights of the budget 2019 that need to know
Highlights of Budget 2019 The union budget is an important day for the salaried classes, as they keep an eye on the tax reforms and sops about their income. A…
Three ways to calculate employee TDS – TDS Calculations
There are three ways to calculate TDS and we follow these 3 methods in Sumopayroll: Efficiently calculate employee TDS using our 'Monthly' TDS Calculation, factoring in payments up to the…
Tax Deducted at Sources (TDS)
Tax Deducted at Sources (TDS) what is TDS? How it is calculated in India? Tax Deducted at Sources or TDS is a means of direct tax collection by Indian authorities…