DTAA Explained: How NRIs Can Claim Tax Benefits & Avoid Double Taxation An individual’s residential status plays a major role in deciding how their income is taxed in India. Non-Resident…
Understanding Restricted Stock Units (RSUs) and their taxation is important for making informed financial decisions. RSUs are a type of employee compensation where employers grant company shares to employees under…
Although Non-Resident Indians (NRIs) live abroad, many continue to maintain strong financial ties with India. These connections often involve family responsibilities, inherited properties, rental income, investments, or long-term financial planning.…
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…
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…
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)…
Documents Required for Private Limited Company Registration in India To incorporate a Private Limited Company in India, the Ministry of Corporate Affairs (MCA) requires submission of identity proofs, address proofs,…
Time Limit to File ITR-U The deadline for filing ITR-U is up to 48 months from the end of the relevant assessment year. For example, the due date for AY…
What is Advance Tax? Advance tax is the amount of income tax paid in advance during the financial year, instead of making a single lump-sum payment at the end of…
LLP Compliance Services – An Overview LLP Compliance Services include all mandatory legal and regulatory requirements that every Limited Liability Partnership (LLP) must fulfill after registration. These compliances are governed…
Non-Resident Indian (NRI) seafarers may receive income tax notices from the Income Tax Department under Section 148, Section 148A, or through e-Campaign notices. These notices generally relate to income verification,…
PAN Card Status: How to Track Your PAN Application Easily? No matter whether you applied for your PAN card online or offline, you can easily track its status through multiple…