As per the Income Tax Act, 1961, any receipts generated through business transactions with NRIs come under the purview Income Tax Act and are…
Income Tax Department has facilitated an effective system of collection of taxes under which any person who is responsible for making payment of income…
Income tax return is a crucial statement of income of the concerned assessee, both for government and the individual or person filing it as…
Companies rely on funds to manage the affairs of their business successfully. Shareholders in a company play a vital role in raising funds, and…
You might have heard the word “Audit” so many times, well let us dive into this, what is “Audit”, if you go by oxford…
In the current Pandemic situation, taking medical insurance has become extremely important. Due to current COVID-19 situation, medical expenditures to cure diseases is now…
We often come across the term ‘tax refund’. Let’s understand what it means. A tax refund or tax rebate is a refund provided when…
Income tax department have provided various deductions with a view to encourage savings and investments amongst the taxpayers from the taxable income under chapter…
A business organization held by a small group of people is known as a Private Limited Company. It’s owned by a group of members…
Have you ever dreamt of isolating your income from probable taxes? We bet you did, maybe countless times. But let face it- this is…
The Finance Act, 2020 has established a new Section 194-O that elaborates on levying 1% Tax Deducted at Source on Payments made to E-Commerce operators that…
Budget Highlights – Income Tax Financial Highlights 2021 The Union Budget 2021-22 was presented by the Hon’ble Finance Minister Nirmala Sitharaman on 1st February…
Today Blogging and freelancer is the fast emerging profession in the world. Any one from any core of the world can join this profession.…
A person engaged in business or profession is required to maintain regular books of account under certain circumstances. To give relief to small taxpayers…
