All about tax benefits of Mediclaim premium, health expenses, and Life insurance premium

You can receive two benefits for the price of one if you have health insurance. They provide you with the much-needed financial security you require in the form of a…

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Read more about the article All About the Equalisation levy
All About the Equalisation levy

All About the Equalisation levy

The Indian IT sector has grown dramatically in the last decade or so because of the global increase in IT usage. Equalisation Levy is nothing but Taxing Cross-Border E-commerce transactions.…

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Read more about the article All about Registration Cum Membership Certificate (RCMC)
All about Registration Cum Membership Certificate (RCMC)

All about Registration Cum Membership Certificate (RCMC)

An RCMC certificate validates that an exporter is exporting goods from India and has registered with a certain Export Promotion Council (EPC). In this article, we will learn “All about Registration…

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Read more about the article Indian payroll taxes and statutory compliances
Indian payroll taxes and statutory compliances

Indian payroll taxes and statutory compliances

In this manual, you'll discover the fundamentals of Indian payroll taxes and statutory compliances, including why it's important, how to execute it, what a good payroll process looks like, and…

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Read more about the article Withholding tax rates as per DTAA
Withholding tax rates as per DTAA

Withholding tax rates as per DTAA

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…

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Read more about the article New and old Income Tax Slabs FY 2021-22 (AY 2022-23)
K M GATECHA & CO LLP-CA in Ahmedabad

New and old Income Tax Slabs FY 2021-22 (AY 2022-23)

Every year, the finance minister announces income tax slabs in India. There are currently two different Income Tax regimes. Tax breaks are no longer available under the new regime. Tax…

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Read more about the article Capital gain tax on sale of under-construction property in India
Capital gain tax on sale of under-construction property in India

Capital gain tax on sale of under-construction property in India

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…

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Read more about the article Form 10IE- New Tax Regime, Taxability, Time-Limit
Form 10IE- New Tax Regime, Taxability, Time-Limit

Form 10IE- New Tax Regime, Taxability, Time-Limit

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…

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Read more about the article TAX ON SALE OF PROPERTY RECEIVED AS GIFT
K M GATECHA & CO LLP-CA in ahmedabad

TAX ON SALE OF PROPERTY RECEIVED AS GIFT

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…

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Read more about the article Tax benefits on purchase of Electric Vehicle in India
Tax benefits on purchase of electric vehicle in India

Tax benefits on purchase of Electric Vehicle in India

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…

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Read more about the article Residential Status as per Income Tax Act, 1961
Residential Status as per Income Tax Act, 1961

Residential Status as per Income Tax Act, 1961

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…

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