Answer / shiva govander

Tax deducted at source (TDS), as the very name implies aims at collection of revenue at the very source of income. It is essentially an indirect method of collecting tax which combines the concepts of “pay as you earn” and “collect as it is being earned.” Its significance to the government lies in the fact that it prepones the collection of tax, ensures a regular source of revenue, provides for a greater reach and wider base for tax. At the same time, to the tax payer, it distributes the incidence of tax and provides for a simple and convenient mode of payment.

The concept of TDS requires that the person on whom responsibility has been cast, is to deduct tax at the appropriate rates, from payments of specific nature which are being made to a specified recipient. The deducted sum is required to be deposited to the credit of the Central Government. The recipient from whose income tax has been deducted at source, gets the credit of the amount deducted in his personal assessment on the basis of the certificate issued by the deductor.

Source: Income Tax Department

what is motivation

3 Answers  

---

What is the best way to develop pay systems that are understandable, Workable, and acceptable to employees at all levels?

2 Answers   DELL,

---

Is wheather system administration is related to human resource . what is meant by HRIS, because in my current company i am working as system administor, but my job titile refers me as HR management and admin specialist. i need a clear clarity because i completed my MSW in "HRM".. i am really in a confused state

0 Answers  

---

As jobs become more team-oriented, assessment centers will be used more often for non-management jobs. Do you agree or disagree?

1 Answers  

---

how to configure the personal administration and how to hire a one person.

1 Answers  

---

---

Questions during interview.

3 Answers   NHPC,

---

why HR.. why not Finance?

4 Answers  

---

what is the meaning and definition about the human resouces

6 Answers   Coca Cola,

---

How ethical issues can be sorted in Quality Systems

0 Answers  

---

i am a mba professional,but i ve secured 59.5% in mba.will i get job in hr field ps tell me?

0 Answers  

---

What is professional tax and how the other taxes are deducted from employee salary?

0 Answers  

---

I have done my MBA-Hr and i have experience of 1 year in a consultancy, in recruitment. Now i have left the present job and attending the interview, and i have doubts like, if i have been asked what is headhunting? what should i answer. how should have explain and give my personal round of interview? please suggest.

4 Answers   Accenture, GenTech,

---