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Provisions relating to Transfer of Shares of Listed and unlisted companies

Affluence Advisory 08 June 2023 at 09:10

Process for transfer of shares of Public Company in demat form

TDS on ESOP prerequisite by eligible startups

Affluence Advisory 30 May 2023 at 08:55

Income-tax Act, 1961 permitting deferral of the timing of TDS deduction on ESOP prerequisite from the employees.

Employee Stock Option Plan (ESOP) and its taxability

Affluence Advisory 23 May 2023 at 14:59

ESOP are employee benefit plans that offer employees ownership interest in the organization they work. In other words, ESOP are the right / option given to eligible employees by the employers to buy equity shares of the company at a predetermined rate within a stipulated time.

Home Loans: Factors to be considered before you apply

Affluence Advisory 19 May 2023 at 08:48

There are several factors to consider when applying for a home loan, some of which are illustrated in this article!

Professionals are now covered under the purview of PMLA Act 2002

Affluence Advisory 13 May 2023 at 14:51

Central Government vide its notification dt: May 3, 2023 and May 9, 2023 has amended the definition of ‘Persons carrying on Designated Business or Profess

Income Tax on Non-Resident Indians who sell House Property in INDIA

Affluence Advisory 09 May 2023 at 08:58

Capital Gains Tax applies if Non-Residents sell any House Property in India. The Tax is payable on gains depending on whether it is Long Term Capital Gains or Short Term Capital Gains.

Who is required to file ITR?

Affluence Advisory 08 May 2023 at 08:44

Income Tax return filing is mandatory if the Total Income of an Individual exceeds the maximum amount which is not chargeable to income-tax i.e Rs. 2,50,000 for individuals whose age is less than 60 Years.

Taxation Of Alternate Accommodation - Simplified

Affluence Advisory 05 May 2023 at 08:46

Redevelopment refers to the process of reconstruction of the premises by demolition of the existing structure and construction of new structure in its place. This is done by utilizing the potential of the land by exploiting additional TDR, higher FSI, etc.

Precautions while using Credit Cards

Affluence Advisory 28 April 2023 at 08:54

Credit cards are convenient, and widely accepted and offer benefits like cashback rewards, travel benefits, discounts at partner channels and fraud protection. At the same time, it is also equally important to be aware of how to use a credit card effectively to ensure that one gets the maximum benefits out of it.