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The Indian Income Tax Act, 1961, incorporates several provisions for Tax Deducted at Source (TDS) to ensure timely collection of taxes....

Every business incurs basic costs known as "direct expenses," directly related to producing goods or rendering services. These costs play...

New investment opportunities are opening up and gaining traction with investors as time goes on. There are more and more new ways to...

New investment opportunities are opening up and gaining traction with investors as time goes on. There are more and more new ways to...

Section 194H of the Income Tax Act, 1961, requires TDS deductions on commission or brokerage payments made by individuals or businesses....

Under the Income Tax Act, any profit or gain from the sale of shares is capital earnings. Capital gains get categorized as short-term or...