Withholding Tax in India refers to the tax deducted at source by the payer before making payments such as salaries, interest, rent, or commissions. This ensures timely tax collection by the government. The deducted amount is deposited with the tax authorities under the recipient's name. Understanding Withholding Tax in India is crucial for businesses to stay compliant. At HCO & Co., we guide you through proper deductions, filing, and compliance for smooth operations.

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