Importance, documents and applicability of Form 10F for Non-Residents : Income Tax Form 10F is an important document for non-residents (NRIs) as it is used to claim beneficial tax treatment under Double Taxation Avoidance Agreements (DTAA) between India and other countries. this Article on Navigating Form 10F and PAN Requirements for Non-Resident Taxpayer. – Purpose: …
Overview about Income Tax Form 10IE & Form 10IEA: Income Tax Form 10IE & Form 10IEA are related to the option of choosing between the old and new tax regimes in India. Income Tax Form 10IE: Form 10IE: This form is indeed required to be filed when an assessee (taxpayer) wants to shift from the …
What Investors Should Do When a Company Gets Delisted? Delisting occurs when the shares of a publicly traded company are removed from a stock exchange, making them no longer available for trading. This event can profoundly impact investors as it affects the liquidity and potentially the value of the shares they hold. Delisting can happen …
All about the Advance Tax payment –Due Dates, Applicability, Procedure, Installment Details: We are providing a comprehensive overview of advance tax, covering its definition, who needs to pay, exemptions, due dates, treatment of capital gains and casual income, consequences of default, choosing the correct assessment year, mode of payment, calculation method, and the interest on …
Goods and Services Tax Rate & Harmonized System of Nomenclature Code for Plastic and Plastic Products For the Goods and Services Tax (GST) rates on plastic and plastic products, it depends on the country you’re referring to, as each country has its own tax system and rates. For example, in India, plastics and plastic products …
Crypto Exchange or Crypto Trading Company Crypto License in India The Union Budget 2022 start make clarity on the cryptocurrency’s taxation. Earlier in the year 2022, there was no taxation cryptocurrencies on cryptocurrencies. Under the below contains, we will provide the details about how to start a cryptocurrency business in India. Crypto License in India …
Key Changes Applicable in ITR-1 & 4 form for AY 2024-2025 Who can file ITR-4- Who cannot file ITR-4 Key Changes Applicable in ITR-4 form for AY 2024-25 Who can file ITR-1 Key Changes Applicable in ITR-1 form for AY 2024-2025 Key changes to ITR -3 forms for AY 2024-25 Income Tax Return Form Offline and …
Tax Saving under Old vs New Tax Regime AY 2024-25 (FY 2023-24) Deciding between new & old tax regimes is based on a comparison of total benefits of different tax slab rates & deductions available to you under both tax regimes. To make things easier, we’ve compared old & new tax systems based on a …
Three Depreciation Methods Explained Simply 📉 DEPRECIATION 🚗 🤖 🏭 An accounting method that spreads out the cost of a tangible asset over its useful life. It represents the systematic reduction in the value of an asset due to wear and tear, obsolescence, or other factors. Depreciation is the process of allocating the cost of …
Overview on Setting up a Fintech Company in India The Fintech Company In India : Fintech businesses operating in India are subject to various laws and regulations that govern their operations. Under the Companies Act 2013, fintech businesses are required to register and comply with all applicable laws and regulations like any other business in …