TDS (Tax Deducted at Source)
A certain percentage of payment is deducted by the payer and deposited with the government. Common rates are 10% for professionals (u/s 194J) and 1% for property purchase (u/s 194IA).
GST Slabs
India's Goods and Services Tax has four primary slabs: 5%, 12%, 18%, and 28%. Most services fall under the 18% slab.
Brokerage
A fee paid to an agent for facilitating a transaction. In real estate, the standard brokerage in Indian metros is 1% to 2% of the property value plus GST.
Surcharge
An additional tax levied on the tax amount itself, not the income. For example, if your income tax is ₹1 Lakh and surcharge is 10%, you pay ₹10,000 extra.