I'm trying to understand the cost associated with the TDS fee. Could someone please explain how much the TDS fee typically is?
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    AmyDavis
    Thu Oct 31 2024
   
  
    Tax deductions at source (TDS) are mandatory for individuals making certain payments to residents.
  
  
 
            
            
  
    
    Giulia
    Thu Oct 31 2024
   
  
    When the amount paid exceeds Rs.30,000 in a fiscal year, TDS should be deducted at a rate of 10%.
  
  
 
            
            
  
    
    CherryBlossom
    Thu Oct 31 2024
   
  
    Payments subject to TDS include amounts charged as professional services fee.
  
  
 
            
            
  
    
    CryptoPioneer
    Thu Oct 31 2024
   
  
    Technical service fees are also considered taxable and require TDS deduction.
  
  
 
            
            
  
    
    Martina
    Wed Oct 30 2024
   
  
    Non-compete fees, as stipulated in Section 28(VA) of the Income Tax Act, fall under the TDS deduction category.