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...

Compliance is not expensive, rather compliance planning is one that lets you save huge amount of avoidable burden of Interest, Penalty...

TDS under GST ensures transparency and timely tax collection. Businesses dealing with government contracts must comply with TDS provisions

The Income Tax Department in India has the authority to conduct Search and Seizure operations  under Section 132 of the Income Tax Act,...

While most advice revolves around wedding planning, what truly matters is how you set up your financial future post-marriage. Here are...

The budget have made good number of changes in the TDS regulations, lets read more to check what's new and what's amended. TDS Change in...

Are you running a Charitable organisation and need to get it audited? Confused on what all documents are required? Read below to know more.

So, you've made the exciting switch from a standard IT job to offering your expertise as a consultant to clients in the US, UK, Turkey, and

To form a partnership, two or more people must meet, agree on a business name, and execute a partnership deed.

The Ministry of Finance's Notification No. 37/2024 updates income tax rules, impacting ITR forms and acknowledgments for filing ITR of FY202

Compliance is not expensive, rather compliance planning is one that lets you save huge amount of avoidable burden of Interest

Are you a builder and planning to build a residential real estate project? This blog will help you out. Here, we explain you the...

Are you a builder and planning to build a Commercial real estate project? This blog will help you out. Here, we explain you the implication

Recently the CBDT had made significant amendments in Income Tax Rules, 1962 by 11th Amendment Rules, 2023. Read more to understand what...