Tips on How to save Income Tax in India
with a company tax rate of 17%, roughly equal to India's corporate tax rate. The Singaporean government also exempts start-ups from paying taxes while offering various tax incentives. Moreover, they have an extensive network ofDouble Tax Deductions for Internationalisation (DTDI)treaties...
The online profession tax payment in Maharashtra increases the morale within the profession as it reflects the commitment of the taxpayer towards upholding high standards and working within the legal framework. Improved Business efficiency: Businesses can save on costs pertaining to compliance with diffe...
While success can lead to substantial profits, these regulatory hurdles can also pose risks to potential investors. Income tax regulations are another important area for investors to consider when participating in international markets. In the US, the Internal Revenue Service considers some foreign ...
1.5 lakh is eligible for a tax deduction as per the IT Act. By investing this amount in an ELSS, one can save up to ₹46,800 a year in tax outgo. Tax benefits of ELSS Mutual Funds ELSS mutual fund is the only category of mutual fund that comes with the tax benefit. Let’s ...
All export and import business owners need to obtain a PAN from the Income Tax Department. To start your online PAN Card application, head to the Tax Information Network site. 3. Get an Importer-Exporter Code (IEC) Number For exports and imports from India, the IEC code (10-digit code)...
To get the benefit of Double Taxation Avoidance Agreement (DTAA) while filing your income tax return in India, you need to follow these steps: Determine your residency status: Your residency status will determine which country has the right to tax your income. ...
Happy shopping with the DBS Bank DBS debit card! Download the app to open your DBS Banksavings accountinstantly and get your debit card! Open a DBS Bank Account Now *Disclaimer:This article is for information purposes only. We recommend you get in touch with your income tax advisor or CA ...
With DBS Bank app, you can open a new Savings Account in a few minutes! Download the app to get started. Open a DBS Bank Account Now *Disclaimer:This article is for information purposes only. We recommend you get in touch with your income tax advisor or CA for expert a...
state or local income taxes¹⁴. However, there are different ways you declare the interest - either as you accrue it, or when you cash in your bond and actually get your interest. Get professional advice if you’re at all unsure about how to report your earned interest for tax ...