Taxation

Direct Taxation

Obligatory fees levied on individuals orÂ corporations and enforced by a government entity - whether local, regional or national - in order to finance government activities are called a tax. In economics, taxes fall on whomever pays the burden of the tax,

Indirect Taxation

Involuntary charges levied on individuals or businesses and enforced by a government agencyâ€” whether local, regional, or national â€” to finance government operations are called taxes. In economics, taxes are levied on whoever bears the tax burden, be i

TDS Return

TDS know as a Tax deduction at source. This comes under the directÂ tax, as per the Income Tax Act 1961; Any Company, LLP, Firm or individual should deduct TDS before paying any amount to the payee if payment exceeds a certain threshold limit. Any payment