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Understanding Tax Deducted at Source (TDS) for Beginners
Tax Deducted at Source (TDS) is a type of income tax wherein the tax is collected right from the source of income. It is an effective way to minimize tax evasion by generating the tax automatically at the time of payment. The tax applies to salaries,...
Did You Know That Timely ITR Filling Has So Many Advantages?
Most people frequently consider filing income tax returns (ITR) to be a laborious task and complicate their finances, so they opt to postpone or ignore filing for taxes. However, it is necessary and a moral duty for working individuals, whether salaried or...
Why Start-ups Should Go Under the GST And Its Importance
If there is anything that drives the growth of the Indian economy, it is the Small and Medium Enterprises (SMEs). The sector is responsible for 38% of India’s GDP. Therefore, it makes complete sense for start-ups to check on the implication of GST on the Small-Scale...
Why Should You Choose A Limited Liability Partnership For Your Startup In India
In the month of Indian Independence, as we stand tall in the 75th year of freedom, it is a good time to commemorate how Indian startups have helped shape the socio-economic prosperity of the nation and have represented the image of modern India in the global markets....
How Can NRIs Wisely Plan Taxation in India?
NRIs, as we all know, stand for Non-Resident Indians. They are a very privileged section of the population as they bring foreign exchange into the Indian subcontinent. Whenever the country experiences a foreign exchange crisis, it relies on the expatriates of the...
A Simple Guide To Cryptocurrency Taxation In India
5 Legal Ways to Save Taxes on Income in India
Evading taxes – can this be even legal? Yes, it can be only under certain options, and it’s not the highly predictable 80C of the Income Tax Act if that is what you are thinking. If you can spare some time and familiarize yourself with ways to save taxes on income,...
Taxation on Cryptocurrency: How are the Gains from it Taxed?
Usual currencies are not the only means to purchase goods and services. There is something called ‘cryptocurrency’. It also allows one to do so. The general public identifies it as a digital currency. However, not everyone is courageous enough to use it. Do you know...
Best Possible Options For Foreigners Setting Up Business In India
Introduction India ranks quite high on the ladder when it comes to economic growth and human resource. Besides that, a considerably large youth population along with prominent industrial structures help create a favourable environment to bring foreign capital. Thus,...
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