The tax implications for the Non-Resident Indians (NRIs) based on the source of their income is as follows: Income earned in India As per Income Tax Act, NRIs are only…
If you're an e-commerce operator or participant, this is crucial for you. In today's digital economy, compliance with tax laws is non-negotiable. Enter Section 194O, a game-changer introduced by the…
Convertible debentures are a popular choice among investors due to their unique benefits. These long-term debt instruments pay interest and can be converted into equity at specified times, offering security…
π‘For freelancers in India, understanding and managing taxation is crucial for financial stability and compliance. Freelancers must declare their income under the head "Profits and Gains from Business and Profession"…
As a taxpayer, it's crucial to understand the tax implications of dividend income. β‘The Finance Act 2020 brought significant changes in this area, shifting the tax liability from the company…