• Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

How to login on TRACES portal

April 02, 2019 2435
TDS or Tax Deducted at Source is one of the platforms for tax collections in India. With the advent of online technologies and the relevant benefits, there has been a spate in the number of online transactions that are being carried out for financial purposes. The purview of direct taxation (including that of TDS) in India has been defined by the Income Tax Act, under the tenets of which, any entity (individual or a commercial entity i.e. a company etc.) that makes a payment in a certain order to another entity above a particular mandated upper capping is liable to pay a certain percentage of that payment in the form of TDS (Tax Deducted at Source). The department of taxes under the aegis of the Ministry of Finance in India is responsible for regulating and governing the various slabs under which TDS is collected and charged.

TRACES or the TDS reconciliation and correction enabling system is the online formal website for filing of TDS or TCS (Tax Collected at Source). This means that TRACES is an actually beneficial tool for online collection of TDS that can be used by the persons or entities that deduct TDS. For logging on to TRACES portal, following are the steps that must be taken:

  1. The official website address for TRACES is http://contents.tdspc.gov.in/en/home.html and this is where you need to log in.
  2. You simply have to log to this portal and you have to just access the main tab for further continuation.
  3. On the above stated portion of the navigation-bar, there will be an option that will say "continue". Click on it.
  4. On the top of the log-in page, there will be an log-in page and you have to log-in. This step will take you to the page where you have to fill your credentials and the details.
  5. Once you fill the details, there will be a separate link on which you m=will have to click for confirmation and further processing.

There have been a number of changes that have been initiated by the incumbent government for bringing in relief to the middle class and TDS deductions are a part of this. As per the recent changes, the incumbent government has increased the limit on TDS deductions on post office deposits made by individuals to Rs. 40000 from the initial limit of Rs. 10000. Moreover, the capping on TDS rent has been increased to Rs 240000 from the initial upper capping of Rs. 180000.

HDFC Life offers various savings and investment plans that are aimed at your future growth and the safety of your funds for your family, even in your absence. For details, click on the mentioned link: https://www.hdfclife.com/savings-plans .

Show Full Article
Hide Full Article

HDFC Life Insurance Company Limited. CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101.

Registered Office: Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai 400 011. Email: [email protected], Tel No: 1800-266-9777 (10 am to 7 pm). The name/letters “HDFC” in the name/logo of the company belongs to Housing Development Finance Corporation Limited (“HDFC Limited”) and is used by HDFC Life under an agreement entered into with HDFC Limited.

For more details on risk factors, associated terms and conditions and exclusions please read sales brochure carefully before concluding a sale.

BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRAUDULENT OFFERS
  • IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.