The real estate transaction rules vary depending on whether a property is being sold to an NRI buyer in India or when an NRI sells property in India to a resident Indian. Both situations involve compliance under the Income Tax Act and the Foreign Exchange

Indian residents receiving salary, stock benefits, dividends, or capital gains from foreign entities must report such income and assets in their Income Tax Return (ITR). Key obligations include precise currency conversion using SBI TTBR, accurate disclosure in relevant ITR schedules, and adherence to international information-exchange standards for tax transparenc

Confused about being taxed in two countries? Discover how residency rules, DTAA relief, and smart planning can save you from double taxation and unnecessary stress.

Applying for a TAN (Tax Deduction and Collection Account Number) is a crucial step for any individual or entity that is responsible for deducting or collecting tax at source in India. Issued by the Income Tax Department, TAN is mandatory for filing TDS/TCS returns and ensures that tax deductions are properly tracked and credited.

MSME registration in India offers various benefits like easier loan approvals and tax exemptions

Thinking of starting your own LLP? Discover the essential documents you need for LLP Registration with ease and confidence! Essential...

Luxury now comes with a tax tag! From yachts to wristwatches, the CBDT casts a wider net under TCS rules—find out what’s new in your...

Construction projects involve multiple companies collaborating to complete a contract. Typically, one company oversees the project and...

Rule 86B, since its introduction, has faced strong criticism for restricting the use of input tax credit (ITC) from the electronic credit...