The Double Taxation Avoidance Agreement assists NRIs who work abroad in avoiding paying double taxes on income received in both their home country and India. India has this arrangement with…
Buyers must now pay the Goods and Services Tax (GST) on maintenance fees as well as the GST on any property acquisition. In this article, we will discuss ‘GST on…
The Food Safety and Standards Act, 2006 was implemented by the Government of India in order to regulate and prevent the food industry. The Food Safety and Standard Act of…
It is true that owning a property in a construction project has more benefits than purchasing a ready-to-move-in property. In this article, you will learn about the numerous rules relating…
On February 1, 2020, Finance Minister Nirmala Sitharaman presented the Annual Budget 2020. The new tax regime was first implemented in the preceding budget. In this article, you will learn…
The taxability of gifts is a popular and frequently asked subject among taxpayers. In this article, you'll learn about the numerous rules relating to the ‘TAX ON SALE OF PROPERTY…
NRIs while selling their house properties in India must pay tax on the Capital Gains. The tax payable on the gains depends on whether it is a short-term or a…
Introduction: Over the past decades, the growing concern over climate change, energy independence, and securities of energy supply have accelerated the path to the decarbonization of the transport sector. this…
Taxation of individuals in India is primarily based on their residential status in the relevant tax year. The taxability of an individual in India depends upon his residential status in…
Dissolution of a Partnership Firm: Dissolution of the partnership firm refers to the situation where all the relation between a firm and its partners comes to an end. It is…
In simple terms, A resolution is a decision of a firm for doing an Act. The company’s decisions are made by passing a resolution. A resolution is just an agreement…
Introduction Due to unawareness, many taxpayers commit mistakes in GSTR 3B and GSTR 1 while filing the GST Return. In this article, we will discuss “how to correct mistakes in…
Agriculture is the primary source of livelihood and source of income for about 58% of India’s population. As we all know that income which is received from agricultural activities know…
Why Capital Gain Account Scheme? To encourage the reinvestment of capital gains/net consideration the Indian government introduced the capital gain account scheme in 1988. the Indian government provided tax relief…