TDS and VAT/ VDS calculation from payment to vendors, suppliers or service providers

Introducing my TDS Calculator: a user-friendly tool designed to simplify the process of calculating Tax Deduction at Source (TDS) and VAT Deduction at Source (VDS) for various sources. TDS is deducted by the payer when making payments to individuals or entities, serving as an advance tax collection mechanism. My calculator streamlines the TDS and VDS/VAT calculation process for income streams like rent, commissions, interest, and professional fees, ensuring accurate and compliant tax deductions in just a few simple steps. Click to start calculating.

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Calculate tax at source from the payment of salary to a resident employee.

Tax deduction at source on salary entails the employer deducting tax from an employee's salary before depositing it into their account, with the deducted amount subsequently credited to the government exchequer by the employer. But the deduction of tax from salary is not as straight as the deduction from the other sources. The salary tax is deducted at an average rate whereas the other source taxes are deducted at different specific rates.

To simplify the deduction, I have developed a handy tool you can use. Click here to start calculating.

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