HR Glossary

What is TDS - Tax Deducted at Source?

India's pay-as-you-earn tax collection system where the payer (employer, bank, client) deducts income tax at prescribed rates before disbursing payment, and deposits it with the government on behalf of the recipient.

Why it matters in hiring

TDS - Tax Deducted at Source comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with T

• T4 Slip (Canada)
• Take-Home Pay
• Talent Acquisition
• Talent Community
• Talent Development
• Talent Mapping
• Talent Pipeline
• Talent Pool

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