NRE account is also known as Non Resident External (NRE) account is referred as INR denominated account. Foreign currency earnings
Taking a home loan can help you save tax according to the provisions of the Income Tax Act, 1961. In
Tax Deduction & Collection Account Number U/S 203A of Income Tax Act, 1961 Every person, deducting or collecting tax, who
The laws of taxation offer a presumptive scheme of taxation for few professionals. In this article we will discuss about
Finance Act 2020 has made important amendments to the taxation of dividends. With these amendments the general concept that dividends
We all know that an individual’s income from salary, rental income & business income is subject to tax. But what
Section 206AA has been introduced to endow that any person whose receipts are subject to deduction of tax at source
What is the applicability? With effect from 1st July, 2021; On aggregate value of purchase exceeding INR 50 lacs from
Section-194Q (Tax Deducted at Source (TDS) On Purchase of Goods)-In this article we will know what clarification CBDT provide on
The Finance Act 2021 has introduced two new changes in rules relating to TDS (Tax deducted at source) or TCS
