Every taxpayer who uses the Online Tax Service must have an Electronic Filing Identification Number (EFIN). EFIN is a unique number issued to taxpayers in Indonesia by the Directorate General of Taxes. This number is needed to fill out tax forms, make payments, and complete other transactions ...
Doing Business in India - Guide for American Companies Doing Business with India, Outsourcing to India, Joint Ventures in India, Laws of Doing Business in India, Business Customs in India, Business Etiquette in India, India Business Culture, Starting a
Foreigners coming to India may find it difficult to open a bank account without proper identification. The Reserve Bank of India (RBI) requires all banks in India to adhere to strict requirements to open a bank account. Here is what you need to do if you want to open a bank account in ...
We will walk you through it, one step at a time - so do not worry. Firstly - let us start at the very beginning. What is GST? GST (Goods and Services Tax) is an indirect tax that has replaced various indirect taxes in India. On March 29, 2017, the Goods and Service Tax Act ...
The Cabinet approves four supplementary GST bills, which pass in both the Lok Sabha and the Rajya Sabha. July 1, 2017: GST officially launches across India, replacing multiple indirect taxes with a unified “One Nation, One Tax” system. ...
How to calculate the road tax in India? Read more about RTO charges & how it is calculated, how to pay the road tax, toll tax & state wise list of the road tax in India
Calculation of Income from House Property in India Kindly note that the gross annual value of aself-occupied houseis zero. Whereas in case of Let out house, it is the rent collected. Claim Municipal Taxes paid & Standard Deduction Continuing with our example- If an individual earns Rs 3 lakh...
The avoid Tax on Cryptocurrency community in India has identified a few gaps in the legislation. P2P (Peer-to-Peer) transactions and DEX (Decentralised Exchanges) like PanCakeSwap and Uniswap can assist in avoiding taxes on cryptocurrencies in India. Will this work? Are the techniques risk-free...
The Indian government promotes the growth of Small and Medium Enterprises (SMEs), particularly qualified exporters, in global markets through various programs, such as theRemission of Duties and Taxes on Export Products Scheme (RoDTEP), theExport Promotion Capital Goods (EPCG) Scheme, and theRebate...
However, in our day and age of do-it-yourself everything, it has become increasingly easier to do your taxes yourself. You can prepare and file your taxes online using software from companies such as TurboTax and H&R Block. If you have a simple return — with no forms or schedules to ...