NRI’s Guide to Double Taxation Avoidance Agreement (DTAA) Benefit
Introduction to DTAA for NRIs Non-Resident Indians (NRIs) often earn income in multiple countries, which can lead to the issue […]
Old vs New Tax Regime: Which One Saves You More for FY 2024-25?
The Finance Act 2023 amended Section 115BAC, making the new tax regime the default option from AY 2024-25 (FY 2023-24
No More Nil TDS Deduction Certificates For Residents and NRIs
Nil TDS certificate is a document which is issued by the IT Department to offers relief to taxpayers both for
Income Tax For NRI In India: Tax Slabs, Filing, Exemption and Tips For FY 2024-25
Navigating income tax as a Non-Resident Indian (NRI) can be complex due to differing rules based on residency status, income
How To Apply for Nil or Lower TDS Deduction for NRIs and Residents?
Section 197 of the Income Tax Act, 1961 offers relief to taxpayers-both residents and non-residents Indians (NRIs)-from excess Tax Deducted
GST on Hotel Dining: New 18% Rate May Spike Your Food Bill
From April 1, 2025 restaurants inside hotels will have to charge 18% GST from customers instead of 5% previously if
GST Credit Note Rejected: How to Resolve This Issue?
Key Takeaways Why Credit Note is issued? Credit note is issued when the goods are returned by the purchaser to
GPS-Based Toll Collection System: Seamless Journeys From 1st May 2025
India boasts the world’s second-largest road infrastructure, with its National Highways extending over 146,195 kilometres. In the fiscal year 2023-24,
GST for Freelancers and Independent Professionals
The implementation of the Goods and Services Tax (GST) in India has significantly changed the way businesses operate, and freelancers
Section 194P: Check Who Can Legally Skip ITR Filing For AY 2025-26?
Section 194P of the Income Tax Act of 1961 provides conditions for exempting Senior Citizens from filing income tax returns
Capital Gain on Mutual Fund: What Changed in FY 24-25?
Capital gain refers to the profit earned when an investor sells mutual fund units at a price higher than the
Standard Deduction on Salary: Latest Updates for FY 2024-25
Union Finance Minister Smt Nirmala Sitharaman on July 23rd, 2024 under new tax regime, hiked the standard deduction to Rs.