Suguna Foods Executive Accountant Interview Questions, Process, and Tips

The TDS rate under section 94C varies depending on the nature of the payment.

• TDS rate under section 94C is applicable for payments made to contractors and sub-contractors.

• For payments made to contractors engaged in advertising, broadcasting, or telecasting, the TDS rate is 1%.

• For payments made to contractors engaged in any other business, the TDS rate is 2%.

• If the contractor provides a valid PAN, the TDS rate is reduce...read more

ERP stands for Enterprise Resource Planning.

• ERP is a software system that integrates various business processes and functions into a single system.

• It helps in streamlining operations, reducing costs, and improving efficiency.

• Examples of ERP software include SAP, Oracle, and Microsoft Dynamics.

• ERP modules can include finance, human resources, inventory management, and customer relationship management.