TDS on salary is a frequently heard term by all. TDS stands for Tax Deducted at Source. Do you know about TDS on salary: Section 192? If not, we come to your rescue. To start with, let's understand TDS on Salary more simply. When you are looking for a job and you go through the company's offerings, you find the company proposing a certain CTC (Cost to Company), however, once you start working and receive your first salary, you notice that the salary you receive in hand in actually lower than the CTC which was earlier projected to you. Why is that so? Here's where TDS on Salary comes into the picture. Tax is deducted from your salary before you receive it in your hands. This is known as TDS on salary, i.e. Tax Deducted at Source on Salary.