ITR-1 vs ITR-2: Key Differences, Meaning & Eligibility Navigating India’s income tax return process can be challenging, especially when deciding whether to file ITR-1 or… Read More »ITR-1 vs ITR-2: Key Differences, Meaning & Eligibility
80EE vs. 80EEA: What’s the Difference in Home Loan Tax Deductions? Sections 80EE and 80EEA of the Income Tax Act provide valuable tax deductions to… Read More »80EE vs. 80EEA: What’s the Difference in Home Loan Tax Deductions?
Section 10 Income Tax Act: Key Exemptions, Allowances & Claim Process Section 10 of the Income-tax Act, 1961, offers a range of exemptions and allowances… Read More »Section 10 Income Tax Act: Key Exemptions, Allowances & Claim Process
Lottery Taxation in India Winning a lottery can be an exhilarating moment that transforms your financial situation instantly. But with this excitement comes the important… Read More »Lottery Taxation in India
54th Meeting of the GST Council The 54th GST Council Meeting, chaired by Finance Minister Smt. Nirmala Sitharaman, was held on 9th September 2024 in… Read More »54th Meeting of the GST Council
Taxation for NRIs in India Many Indians spend a substantial part of the year abroad, raising an important question: Do they still need to pay… Read More »Taxation for NRIs in India
Cost Inflation Index (CII): Meaning, Table & Calculation The Cost Inflation Index (CII) is used to align the prices of goods, services, and assets with… Read More »Cost Inflation Index (CII): Meaning, Table & Calculation
Income Tax Return Filing for Non-Resident Indians (NRIs) Imagine this: You’ve just moved out of India and landed a fantastic job at a top global… Read More »Income Tax Return Filing for Non-Resident Indians (NRIs)
Tax Residency Certificate (TRC) In today’s interconnected global economy, many individuals and businesses earn income across multiple countries. As cross-border transactions and international investments increase,… Read More »Tax Residency Certificate (TRC)
Direct Tax Vivad se Vishwas Scheme, 2024 The Direct Tax Vivad se Vishwas (DTVSV) Scheme, 2024 was introduced by Union Finance Minister Nirmala Sitharaman in… Read More »Direct Tax Vivad se Vishwas Scheme, 2024
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