Sovеrеign Gold Bonds (SGBs) arе a popular invеstmеnt option in India that offеr an altеrnativе to physical gold. Thеy arе govеrnmеnt backеd sеcuritiеs…
Businеss rеorganizations through mеrgеrs, amalgamations and dеmеrgеrs arе common practicеs for growth and rеstructuring. Thе Incomе Tax Act, 1961spеcifically Sеction 170A and introducеd…
FAQ On Reporting of Share Market Transaction in Income Tax Return common questions about rеporting the sharе markеt transactions in your Indian incomе…
Tax Planning for Salariеd Employee's is a crucial aspеct of financial managеmеnt aimеd at minimizing the tax liabilitiеs within thе lеgal framеwork. Salariеd…
Forеign еxchangе transactions (forеx) arе an essential area of intеrnational businеss facilitating the tradе and invеstmеnt across the bordеrs. Howеvеr thеsе transactions introducе…
In the intricate landscape of Non-Banking Financial Companies (NBFCs), where risk is inherent and volatility can be unpredictable, the role of Internal Auditors…
Taxation of corporate reorganization is vital in the realm of business reorganizations, where substantial alterations occur in a company's structure or ownership. Be…
Performing a first-time cost audit is a crucial step for any organization seeking to enhance financial efficiency, identify areas of overspending and optimize…
Deductions allowed under the New Tax Regime. Every year, governments worldwide make amendments to their tax regulations, aiming to streamline the tax structure…
A Tax Saving Fixed Deposit (FD) is a specific financial instrument provided by banks and financial institutions in several countries, including India, to…
Tax planning is a crucial aspect of financial management that focuses on strategic decision-making to mitigate tax liabilities within the framework of the…
The Indian Income Tax Act's standard deduction is an important provision that enables taxpayers to lower their taxable income by a predetermined amount.…
The income tax system in India requires individuals to calculate their tax liabilities and pay amounts through a process called self-assessment tax. This…
Life insurance is an important financial tool that protects individuals and their families against unexpected calamities. Life insurance plans in India provide different…
In India, individuals are focusing on the best tax-saving options or best tax-saving schemes. Tax-saving investments play an important role in the financial…
Have would a self-employed person operate his tax? Self-employment has several advantages to offer. Few deductions are available for savings and self employed…
A successful alternative with the potential for expansion and wealth building is a stock investment. But, calculating long-term capital gains (LTCG) could take…
Managing finances across borders can be both rewarding and complex. For Non-Resident Indians (NRIs), maintaining a connection with their home country while living…
In a globalized world where businesses and individuals engage in cross-border transactions and investments, the issue of double taxation can be a significant…
The Indian taxation regime has undergone a significant transformation with the introduction of the New Tax Regime (NTR) alongside the pre-existing Old Tax…
Income tax is an essential source of revenue for the Indian government, contributing significantly to the nation's development and welfare. To ensure the…
As the gig economy continues to thrive, the number of freelancers in India has been steadily rising. While freelancing offers flexibility and independence,…
In India, the 80G registration is a significant certification granted to non-profit organizations and charitable trusts by the Income Tax Department. It enables…