InvestorQ : What is tax deducted at source (TDS)?
divya Sing made post

What is tax deducted at source (TDS)?

Answer
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Swapnil Sarang answered.
1 year ago


An individual’s tax is cut from his/her salary in the form of tax deducted at source (TDS). This is the tax amount the individual’s employer cuts before paying the individual his/her salary and pays it to the government.

Depending on the investment declarations provided by the individual, the company calculates the individual’s tax liability and accordingly deducts TDS every month before paying the individual his/her salary.