TDS (Tax Deducted at Source): TDS Types, TDS Rates, and much more! life.futuregenerali.in

The concept of TDS was introduced with the purpose of collecting tax directly from the source of income. According to this notion, a person (deductor) who is required to make a payment of a specific nature to another person (deductee) must deduct tax at source and send it to the Central Government's account.