What is TDS and GST?
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ᴀɴsᴡᴇʀ:
ᴛᴅs (ᴛᴀx ᴅᴇᴅᴜᴄᴛᴇᴅ ᴀᴛ sᴏᴜʀᴄᴇ) ɪs ᴀɴ ɪɴᴄᴏᴍᴇ ᴛᴀx (ᴅɪʀᴇᴄᴛ ᴛᴀx). ɢsᴛ ɪs ᴀɴ ɪɴᴅɪʀᴇᴄᴛ ᴛᴀx. ʙᴏᴛʜ ᴀʀᴇ ᴅɪғғᴇʀᴇɴᴛ. ᴛʜᴇɪʀ ʀᴇᴛᴜʀɴs ᴀʀᴇ ᴀʟsᴏ ғɪʟᴇᴅ ɪɴ ᴅɪғғᴇʀᴇɴᴛ ᴡᴀʏs. ᴛᴏ ʀᴇᴀᴅ ᴍᴏʀᴇ ᴏɴ ɢsᴛ ᴠɪsɪᴛ ɢsᴛ ʙᴀsɪᴄs - ᴜɴᴅᴇʀsᴛᴀɴᴅɪɴɢ ᴛʜᴇ ʙᴀsɪᴄs ᴏғ ɢᴏᴏᴅs ᴀɴᴅ sᴇʀᴠɪᴄᴇs ᴛᴀx.
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Explanation:
tds means a tax deducted from the salary, interest , rent
etc.
gst means goods and service tax
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