Understanding the tax laws in India is essential to ensuring you comply with all applicable rules and regulations. Fortunately, there are several possible taxes that may be incurred when remitting money to India. These include income tax, capital gains tax, wealth tax, and service tax. Income ta...
You can further reduce your rental income by asking your tenant to pay property maintenance charges(if any)to the Society directly and can advise your tenant to pay rent amount to you. As per the latest news, the Flat owners will have to payGST at 18%if their monthly contribution to res...
Avoid double taxation –India continues to push its Double Taxation Avoidance Agreement (DTAA). This international tax treaty allows companies to only pay income taxes once in the UK or India. Access to financing –As part of the FTA, the UK government will also give India...
Next, you need to contact your pension provider to find out if it allows transfers overseas. It should if it’s a QROPS you’re transferring to, but it’s always worth double-checking. There may also be conditions, costs or other tax implications you need to know about before setting up...
5.Submit your application and pay the visa fee: You’ll complete your visa submission at the IVAC and pay the required fees. How will I receive my India visa? After processing, you will be notified to collect your passport with the visa at the India Visa Application Centre where you submi...
Millions of Indians have invested in Cryptocurrency already, so it is important to learn how to avoid Tax on Cryptocurrency. Read to save your crypto tax.
Income taxes form a significant source of public service funding in India. What is Taxable Income?Taxable income is any amount of income of any organisation or individual subject to tax deductions. Taxable income is income minus tax deductions. This includes wages, salaries, bonuses, commissions ...
Know how to file Income Tax Returns for business. Our experts will help you to file income tax return for small business in india
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