What is withholding tax
This query is : Resolved
11 February 2022
Tax withholding, also known as tax retention, Pay-as-You-Go, Pay-as-You-Earn, or a Prélèvement à la source, is income tax paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient.
Witholding tax is deducted for the payment made to non resident.
Witholding tax is deducted for the payment made to non resident.
12 February 2022
withholding tax is acronym of tds. Tax is withheld from the payment made and deposited with the revenue authorities. That's why it is called withholding tax.
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