Tax Planning Strategies for Wealthy Individuals
Tax Planning Strategies for Wealthy Individuals Everyone wants to protect their wealth by saving on taxes. As a high-net-worth individual in India, staying informed about the latest tax rules and…
GST Registration for Small Businesses: New Guidelines & How GST Affects Small Businesses
GST Registration for Small Businesses: New Guidelines & How GST Affects Small Businesses The Goods and Services Tax (GST) helps small businesses by replacing the old and complicated tax systems…
Financial strategies for non-profit organizations to consider
Financial strategies for non-profit organizations to consider For any business, whether it's focused on making a profit or not, financial stability is crucial. It's even more important than just earning…
ITR Filing: Tax exemptions and deductions available for senior citizens
ITR Filing: Tax exemptions and deductions available for senior citizens The income tax filing season for the fiscal year and assessment year has commenced. Seniors are entitled to substantial tax…
How to File Income Tax Return as a Freelancer
How to File Income Tax Return as a Freelancer India is the second fastest-growing freelance market globally. Freelancing has become more rewarding, thanks to favorable tax rules and savings opportunities…
Understanding Taxation on E-Commerce Transactions under Income Tax and GST (with Practical Examples)
Understanding Taxation on E-Commerce Transactions under Income Tax and GST (with Practical Examples) E-Commerce transactions are affected by several tax rules under Income Tax and GST. The government has introduced…
Registration of Shops and Establishments in Ahmedabad
Registration of Shops and Establishments in Ahmedabad The Gujarat Shops and Establishments Act of 1948, earlier called the Bombay Shops and Establishments Act, started on 11 January 1949, following suggestions…
Steps to register private limited company
What is a Private Limited Company?A private limited company is a business structure typically used by small businesses. In this format, ownership is restricted to a limited number of shareholders,…
Valuation Report
A Valuation Certificate is an essential document that determines the value of a company or an asset. It is provided by a certified valuer after performing a detailed valuation. This…
Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples
Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples Profits or gains resulting from the sale or transfer of capital assets, including property, shares, bonds, and vehicles, are…
Cancellation of registration under GST
You can cancel your GST registration if your business is no longer subject to GST rules, you are closing down your business, or if a tax officer initiates the cancellation.…
Leave Encashment – Tax Exemption, Calculation & Formula With Example, Rules
Leave Encashment - Tax Exemption, Calculation & Formula With Example, RulesHave you heard of the term ‘leave encashment’?Leave encashment is a familiar concept among salaried individuals, allowing employees to convert…
Introduction to Transfer Pricing in India
Transfer pricing regulations in India encompass both domestic and international transactions that surpass a specified threshold in terms of transaction value. The provisions for transfer pricing were incorporated by adding…
Transfer Pricing – Objectives and Approaches
Explore transfer pricing in India, key methods (CUP, TNMM, RPM), and compliance with tax rules. Learn how to reduce risk and stay audit-ready.Transfer pricing refers to the pricing of goods,…