TDS stands for Tax Deducted at Source. It is income tax that a payer deducts from the payment of the payee. The payer deposits the tax that is collected to the IT Department. The income tax collected by the payer on behalf of the payee is known as Tax Collected at Source (TCS). Whereas the tax deducted from the payee by the payer is known as Tax Deducted At Source.
What Is Corporate Salary Slip? Salary slip is a business document issued by the employer to the employee every month upon receipt of salary. It is also known as Payslip. Salary Slip is an HR/Payroll document. Payslips are an important part of the Payroll process. Salary slip consists of all earnings (fixed and variable) and deductions […]