The process of tax regulations evolves in due course of time. Hence, individuals and businesses are increasingly turning to Tax Deducted at Source (TDS) consultants to navigate the complexities of personal and corporate tax obligations. A TDS consultant plays a pivotal role in ensuring compliance, maximizing benefits, and planning tax payments effectively. In this blog, we’ll delve…
In the modern and emerging business and trade world, tax compliance become a significant concern. The intricacies of tax deduction at source (TDS) often leave organizations dealing with complex regulations and the risk of non-compliance. In such cases, the role of TDS consultants becomes essential. This blog discusses the important roles and services offered by TDS…
Non-resident taxpayers are required to furnish a Tax Residency Certificate (TRC) issued by the tax authorities of their country of residence as proof of their residence in the said country. TRC provides information such as nationality, status, tax period, tax identification number, and address of the non-resident taxpayer. If any of the prescribed information is…
The provisions of Income tax Act, 1961 require an employer to file statement of tax deduction at source (TDS) with respect to its employees in Form 24Q, providing therein details of tax withheld in respect of his employees. Additionally, the employer is required to furnish certificate of TDS in Form 16 to its employees specifying…
