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(TDS) Tax Deduction At Source- article

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priyanka1987
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Lightbulb (TDS) Tax Deduction At Source- article - June 2nd, 2007

TDS


Eight per cent taxable bonds, floated by the government in 2003, will attract tax deduction at source (TDS) from Friday on interest exceeding Rs 10,000 in a year.

"Tax is required to be deducted at source on the interest exceeding Rs 10,000 payable during the financial year on 8 per cent Savings (Taxable) Bonds, 2003 with effect from June 1, 2007," Reserve Bank of India (RBI) said in a communication to the banks.

The government has floated the eight per cent taxable bonds in 2003 with a maturity of six years. The interest was payable on non-cumulative bonds half yearly and cumulative bonds on maturity.

These bonds were initially exempted from TDS on the interest amount.



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Re: (TDS) Tax Deduction At Source- article - June 4th, 2007

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Originally Posted by mitushi_m View Post
Eight per cent taxable bonds, floated by the government in 2003, will attract tax deduction at source (TDS) from Friday on interest exceeding Rs 10,000 in a year.

"Tax is required to be deducted at source on the interest exceeding Rs 10,000 payable during the financial year on 8 per cent Savings (Taxable) Bonds, 2003 with effect from June 1, 2007," Reserve Bank of India (RBI) said in a communication to the banks.

The government has floated the eight per cent taxable bonds in 2003 with a maturity of six years. The interest was payable on non-cumulative bonds half yearly and cumulative bonds on maturity.

These bonds were initially exempted from TDS on the interest amount.


hello there.....
Welcome on MP...
You hv posted the ARTICLE again...... n the document u hv attached is abt forcasting... if u wanna upload something thn pls upload it in rite section.... n again u hv posted some lines from the same post of mine... this will be counted as SPAM......


pls read the simple Mp rules.... ur post is not related to this thread so im deleting it from here..... u can upload the document by opening a new thread on the same.....
DO NOT REPEAT THE MISTAKE AGAIN............

Take care,

Regards.....

Priyanka


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Last edited by priyanka1987; June 4th, 2007 at 10:37 AM..
   
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Re: (TDS) Tax Deduction At Source- article - June 5th, 2007

nice information..thanks
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Re: (TDS) Tax Deduction At Source- article - July 31st, 2007

important information, thanks.can we get some more information in brief
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July 31st, 2007

what type of taxes r exempted from insurance?

what are the various investment options available to investor including insurance?

is there any comparative analysis of insurance and investment?

is kotak as an investment option is best ? if yes ,why? if no, why?

comparison of mutual funds and ulip insurance?

tax benefits available on which investment plan

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Re: (TDS) Tax Deduction At Source- article - September 7th, 2007

can u give me some ppt's on tax deduction
i wan it at the earliest
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Re: (TDS) Tax Deduction At Source- article - February 25th, 2016

Quote:
Originally Posted by priyanka1987 View Post
TDS


Eight per cent taxable bonds, floated by the government in 2003, will attract tax deduction at source (TDS) from Friday on interest exceeding Rs 10,000 in a year.

"Tax is required to be deducted at source on the interest exceeding Rs 10,000 payable during the financial year on 8 per cent Savings (Taxable) Bonds, 2003 with effect from June 1, 2007," Reserve Bank of India (RBI) said in a communication to the banks.

The government has floated the eight per cent taxable bonds in 2003 with a maturity of six years. The interest was payable on non-cumulative bonds half yearly and cumulative bonds on maturity.

These bonds were initially exempted from TDS on the interest amount.



Regards,

Priyanka
Hey priyanka, you shared a very nice article describing the concept of TDS stands for tax deduction at source. Well, i am also uploading a document where you would get detailed information and notes on TDS.
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File Type: ppt TDS.ppt (522.5 KB, 0 views)
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