6 Feb, 2023

NRE Account: Meaning, Types, Who Can Open,...

The Non-Residential External (NRE) account is a type of savings or current account specifically designed for Non-Reside...

6 Feb, 2023

Tax Credit Should be Given to The Employee...

The income tax act requires that credit be given for the amount of tax deducted at source, regardless of whether the ta...

5 Feb, 2023

India-France-UAE Trilateral Initiative

The Foreign Ministers of India, France, and the UAE came together for the first time on 19th September 2022 on the side...

5 Feb, 2023

NRI Joint Account – NRI Can Open Joi...

Non-Resident Indian (NRI) is a term used by the Reserve Bank of India (RBI) to describe a person who is resident outsid...

4 Feb, 2023

What Is ESOP | ESOP Taxability | When Empl...

Employee Stock Option Plan (ESOP) is a form of compensation provided to employees in the form of stock options. It give...

Income Tax on HUF (Hindu Undivided Family)

3 Feb, 2023

Income Tax on HUF (Hindu Undivided Family)

What is Hindu Undivided Family (HUF)? The Hindu Undivided Family (HUF) is defined as a separate entity for t...

How Taxable Income is Calculated For Salaried Employees

3 Feb, 2023

How Taxable Income is Calculated For Salar...

Taxable income for salaried employees is calculated by subtracting tax-deductible allowances and expenses from thei...

3 Feb, 2023

FAQs on Registration by Non-Resident Taxab...

1. What are the prerequisites for registering as a Non-Resident Taxable Person on the GST Portal? A Non-...

Procedure for Custom Clearance of Imported Goods

2 Feb, 2023

Procedure for Custom Clearance of Imported...

Imported goods must follow prescribed customs clearance procedures, including presenting a Bill of Entry with details s...

Tax Nomads

2 Feb, 2023

Tax Nomads

A tax nomad is an individual who chooses to live a location-independent lifestyle, earning an income while travelling a...

Tie Breaker Rule in International Taxation

2 Feb, 2023

Tie Breaker Rule in International Taxation

The tiebreaker rule for residential status refers to the criteria used to determine an individual's primary place of re...

Import and Export Through Courier

2 Feb, 2023

Import and Export Through Courier

Customs is responsible for working with Postal authorities to clear selected goods that come in the form of postal parc...

TRC is sufficient evidence for claiming eligibility for DTAA benefits and that the capital gains earned by the company were not liable for tax in India.

2 Feb, 2023

TRC is sufficient evidence for claiming el...

The Delhi High Court has overturned reassessment proceedings against a Singaporean company owned by Blackstone Group ho...

2 Feb, 2023

Union Budget

The budget is an annual financial statement that is presented by the government of India, outlining its revenues and ex...

2 Feb, 2023

Nature of Loss Supported By Evidence and B...

The case of Amarnath Aggarwal Builders (P) Ltd. v. DCIT deals with the issue of whether a business loss claimed by the ...

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