TDS Filing Online: Late filing of TDS return attracts a fine of Rs 200 per day till the TDS return is filed. TDS Online Return Filing: Tax deducted at source (TDS) as the name suggests is the amount ...
Before March 31, 2023, TDS was imposed on winning amounts from online games if they exceeded ₹10,000, but as of right now, online gaming companies are forced to levy a 30% TDS on any earnings that ...
The TDS or tax deducted at source on online gaming applications will now be effective from 1 April, 2023 as against an earlier provision of 1 July, 2023. This comes as the online gaming industry ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...
The online gaming industry is a rapidly growing sector in India, projected to experience a compound annual growth rate (CAGR) of approximately 27% over the next five years. This growth is expected to ...
TDS Deduction on Online Gambling Sites: Online gambling sites have to deduct TDS for payment of any amount over Rs 10,000. Currently, there is no specific classification of assessees and codes for ...
The Central Board of Direct Taxes (CBDT) on Monday clarified that any deposit in the form of bonus or incentives credited in a user account will be considered net winnings, and subject to tax ...
Your employer deducts some amount as tax before paying salary to its employees, it is called TDS. Here's how you can check TDS deductions very easily at home.