What is TCS Tax? Explore Now!
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Tax Collected at Source (TCS) is a critical component of the Indian taxation system, ensuring that certain transactions contribute to the national revenue from the outset. While the concept might seem technical, TCS plays a vital role in maintaining a steady flow of income for the government by collecting tax at the point of sale. This tax is directly linked to specific goods and services, making it an important aspect of the broader tax regime in India.
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What is TCS Tax? Explore Now!
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