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Making taxation simple



How it works?

TDS is one of the many ways to collect tax from tax payers across the country. Actually TDS reduces one’s taxable income and could even provide tax relief! The TDS collections accounts for 40% of the total taxes collected in the country.

Process of calculating of TDS

The process of calculating the TDS involves these steps:

  •    Estimate the gross salary paid to the employee for the whole year.
  •    Find out and estimate the exemptions if any from the total salary income.
  •    Add other income of the employee as disclosed by him like rental income, capital gains etc.
  •    Consult employee to calculate deductions, if any, from the salary income.
  •    Arrive at the employee’s net income and calculating the tax on the same.
  •    Deduct the tax equally over 12 months of the year.
  •    Pay the TDS every month and file e­TDS return every quarter.
  •    Ensure the employee is issued with Form 16 (TDS certificate).


The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor) who is liable to make payment of specified nature to any other person (deductee) shall deduct tax at source and remit the same into the account of the Central Government. The deductee from whose income tax has been deducted at source would be entitled to get credit of the amount so deducted on the basis of Form 26AS or TDS certificate issued by the deductor.

Simple to use

TDS is a simple method of tax collection. The calculation for all the workers can be performed in a simple and fast manner with the assistance of the various tax calculators accessible online.

Problem Free

TDS offers an avenue in which an individual can make tax payments each month, such that an equal sum is deducted all through the year.

Better budgeting

Each month a standard amount of money is subtracted from the income of an employee in the TDS system. This means the employee is aware of the amount of salary he will get each month.

The simpliest way for e-filing Tax Returns in India