The Foreign Liabilities and Assets (FLA) Annual Return is a mandatory compliance requirement for companies, LLPs, and specified entities that have received foreign investment in India or made investments outside…
Futures and Options (F&O) trading in stocks, currencies, or commodities offers strong earning potential but also brings tax responsibilities in India. Many traders fail to report their F&O profits and…
Taxation of YouTubers and Social Media Influencers With the rapid growth of social media and digital marketing, influencers have become a key part of the online ecosystem. From brand promotions…
Section 69: Tax on Unexplained Investments Section 69 of the Income Tax Act applies to investments made by an assessee where the source of funds cannot be satisfactorily explained to…
Tax Treatment of Employee Stock Purchase Plans (ESPPs) Interested in Employee Stock Purchase Plans (ESPPs)? These schemes allow employees to build wealth while aligning their interests with the company’s growth.…
ESIC Registration: Process, Benefits & Required Documents ESIC is a government-established statutory body functioning under the Ministry of Labour and Employment, Government of India. The ESI scheme provides social security…
Capital Gains Tax for NRIs in India: Complete Guide Non-Resident Indians (NRIs) have to pay tax in India only on the income they earn from Indian sources. This can include…
Unified Form 141 for PAN-Based TDS Payments In a significant move to simplify tax compliance, the Income Tax Department has introduced a unified system for PAN-based TDS payments through Form…
Business Tax Filing: Types & Taxes Explained If you own a business, understanding tax filing requirements is essential. Every business is required to file tax returns, but the taxation system…
Form 144 (Form 27Q): TDS Return Filing for NRI Payments Professional assistance for TDS return filing on payments made to Non-Resident Indians, including rent paid to NRI landlords, property purchases…
Do NRIs Need to File ITR Without Income in India? An individual who lives abroad for most of the year but holds Indian citizenship is classified as an NRI (Non-Resident…
Is F&O Income Business Income? Here’s What You Need to Know Futures and Options (F&O) trading is gaining popularity in India, but many traders are unsure about its tax treatment…
What is Form 144 / 27Q? Filing Form 144 / 27Q is a legal requirement for any entity or organisation that deducts Tax Deducted at Source (TDS) on payments made…
Income Tax Form 144 (Earlier 27Q): Quarterly TDS Statement for Non-Residents Form No. 144 – Statement of TDS on Non-Salary Payments to Non-Residents Form No. 144, introduced under Section 397(3)(b)…