Tax implications for Indian investing in US stock market
Indian investors have the option of investing in the US stock market. Tax implications for Indian investing in US stock market continue to be a major concern for Indian investors looking…
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…
GST on sale of fixed assets
Fixed assets are assets or items purchased for long-term use. Immovable properties such as buildings and land, as well as equipment such as machinery, computers, and so on, may be…
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.…
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…
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…
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…
All about taxation of expatriate employees in India
The Income Tax Act of 1961 does not define the term "Expatriate Tax." However, in general, an expatriate is someone who lives outside of his country of origin or in…
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…
Benefits of GST Registration
GST will significantly boost the government's 'Make in India' initiative by making goods and services produced or provided in India competitive in national and international markets. Furthermore, all imported goods…
GST on housing society maintenance charges
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…
All about FSSAI Annual Return
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…
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…