Freelancer and Consultant Taxation Guide Compared to salaried employees, freelancers and consultants often face greater challenges when it comes to understanding tax obligations and filing income tax returns. Unlike salaried…
Professional Tax Registration in Ahmedabad & Gujarat KMG CO LLP is your trusted consultant for Professional Tax (PT) Registration in Ahmedabad and across Gujarat. We provide comprehensive consultancy for businesses,…
Crypto Taxation & ITR Reporting Guide for India Cryptocurrencies, NFTs, and similar digital assets are now classified as Virtual Digital Assets (VDAs) under Section 2(47A) of the Income Tax Act,…
Capital gains on property received by way of gift or inheritance (will) are calculated by taking the cost of acquisition of the previous owner, as provided under Section 49(1) of…
Tax Rules, Stamp Duty & Capital Gains on Gifted Property: A Complete Guide When you buy or sell a property, certain taxes are always applicable. But what happens if the…
Understand when a house property received as a gift is taxable or exempt, the applicable stamp duty value limits, and how clubbing provisions apply under Indian income tax laws. Receiving…
Taxation of IT Services – GST and Direct Tax Overview The earlier indirect tax system in India, which included VAT and service tax, was complex due to the presence of…
It is important to understand the provisions of the Income-tax Act, 1961 that apply to consultancy services. Proper knowledge of these rules helps consultants plan their taxes efficiently and stay…
Freelancers & Taxes: How You Can Save Time and Money with the Presumptive Tax Scheme India is the second fastest-growing freelancing market in the world. Over the last two years,…
If you are a Non-Resident Indian (NRI) investing in Indian mutual funds from countries like UAE, Singapore, Mauritius, Portugal, or other Double Taxation Avoidance Agreement (DTAA) partner nations, you might…
ESOPs are becoming increasingly common in India, especially with the rise of startups and global companies offering them to their employees here.An ESOP (Employee Stock Option Plan) is a benefit…
RSU vs ESOP Taxation: Key Differences and Which Option May Suit You BetterCompanies often offer various benefits to employees as a way to retain talent and attract skilled professionals. Among…
If you're a Non-Resident Indian (NRI) considering selling property in India, it's essential to have a clear understanding of how capital gains tax applies. This simplified guide outlines the taxation…
Individual Tax Return Filing for NRIsFor Non-Resident Indians (NRIs) living overseas but maintaining financial connections in India, understanding taxation can often be confusing. One of the first things to determine…