Taxation
Key Features of GST in India
Introduction The Goods and Services Tax (GST) was introduced in India on July 1, 2017, and it brought about a significant change in the country’s tax system. GST replaced a complex web of indirect taxes, such as VAT, excise duty, and service tax, creating a single, unified system that governs the taxation of goods and […]
#features of GST
Riddhima Singh
February 15, 2025 at 11:07 AM
What is RCM in GST?
Discover how RCM in GST shifts tax liability to the recipient, ensuring seamless Reverse Charge Mechanism (RCM) compliance. Learn to manage RCM tax liability, adhere to RCM filing rules, and maintain GST compliance India.
#GST compliance India#RCM filing rules#RCM in GST#RCM tax liability#reverse charge mechanism#tax filing under RCM
Preeti Gupta
February 10, 2025 at 12:26 PM
Income Tax on Intraday Trading: A Comprehensive Guide
Investors engaged in stock markets should also be aware of the tax on intraday trading to manage their financial obligations efficiently.
Shudhi Malhotra
February 08, 2025 at 07:04 PM
How to Save Tax on Salary Over ₹10 Lakhs in India: Best Deductions & Exemptions
Learn how to save tax on salary in India with smart deductions and exemptions. Explore tips for reducing your taxable income and maximize savings along with information about tax slabs.
#how to save tax on salary#tax savings
Nikita P
February 08, 2025 at 07:00 AM
Interest u/s 234B: Imposed by the Income Tax Department
Know the implications of interest under Section 234B for advance tax defaults and how it affects taxpayers.
#234B of Income tax Act#234C of income tax Act#Interest u/s 234b calculator
Sarat
February 01, 2025 at 03:14 PM
Expert Guide to Taxation for NRIs: Rules and Benefits in 2025
Navigating tax laws in India can be daunting, especially if you’re a Non-Resident Indian (NRI) with income earned in India. Understanding income tax for NRI is crucial for compliance and optimizing your tax filings. Whether you earn income from property rental, investments, or capital gains, being familiar with your tax obligations can save you time, […]
#capital gain tax for nri#income tax for nri#non resident indian taxation#nri taxation in india
Shivender
January 21, 2025 at 12:29 PM
How HUF Can Help You Save Income Tax
Managing taxes effectively is a key financial goal for every taxpayer. If you’re seeking a structured and legal way to reduce your tax liability, forming a HUF (Hindu Undivided Family) might be the solution for you. A HUF is a separate legal entity in the eyes of the Income Tax Department, especially prevalent in Indian […]
##HUF#benefits of huf#hindu undivided family#how to form huf#huf income tax#huf tax benefits#joint hindu family business#what is hindu undivided family
Shivender
January 21, 2025 at 12:10 PM
A Complete Guide to Choosing the Right ITR Form (FY 2024-25)
Filing an Income Tax Return (ITR) is an essential obligation for taxpayers in India. Determining which form to use amidst the various types of ITR can often be confusing. To ensure compliance and avoid penalties, it’s important to file the correct ITR form based on your income source, profession, and entity type. This guide explains […]
#types of itr#what is income tax return#what is itr 1 2 3 4 5 6 7#which itr form to file
Shivender
January 21, 2025 at 11:48 AM
Ownership Structure Deep Dive: Trust and Individual Holdings
Introduction Settlors relinquish primary control of trust property to beneficiaries, which also results in a transfer of ownership. The destiny of the resolute owners is quiet and passive, much like that of the Trust’s property and other finances. This article addresses the legal analysis of the trust property by showing how ownership of the trust […]
#legal#Property held#trust
Shabana A
December 06, 2024 at 09:08 AM