Articles by Chaitra Seetharam

Double Taxation Avoidance Agreement: Rules & Tax Relief Benefits

Chaitra Seetharam 20 March 2025 at 13:59

Double Taxation Avoidance Agreements (DTAAs) typically outline Special Tax Rates, commonly called withholding tax rates, applicable to specific income types such as dividends, interest, royalties, and technical service fees.

Education and Research: Budget 2025's Allocations and Future Prospects

Chaitra Seetharam 13 February 2025 at 11:31

The Budget 2025 demonstrates the Indian government's strategic commitment to enhancing the education sector, emphasizing critical areas such as digital learning, skill development, and artificial intelligence (AI) integration.

Middle-Class Relief: Will Budget 2025 Address Rising Living Costs?

Chaitra Seetharam 27 January 2025 at 12:54

The Union Budget 2025 is highly anticipated, especially by middle-class households struggling with rising living costs due to inflation, housing affordability issues, and increasing expenses for essential services like education, healthcare, and transportation.

Latest RBI Guidelines for FDs, Credit Cards and UPI Transactions w.e.f 1st January 2025

Chaitra Seetharam 07 January 2025 at 11:01

Starting January 1, 2025, the Reserve Bank of India (RBI) will introduce several major regulatory changes impacting fixed deposits (FDs), credit cards, and Unified Payments Interface (UPI) transactions.

Income Tax Highlights: 2024 Year-End Review

Chaitra Seetharam 31 December 2024 at 12:24

As the year wraps up, crucial changes to income tax regulations and policies have been unveiled in the Union Budget 2024-25, impacting individual taxpayers and corporations.

Significant Asset Recoveries Unveiled: How The Indian Government Achieved Substantial Asset Recoveries

Chaitra Seetharam 23 December 2024 at 10:54

An overview of financial scams in India and the government’s recovery methods is provided in this article

GSTR-9: Common Challenges in Filing

Chaitra Seetharam 19 December 2024 at 10:50

Filing GSTR-9, the annual return under GST can be a complex business process. Several common challenges arise during this process. Here are some key challenges faced by businesses while filing GSTR-9

Impact of Tax Reforms on the Middle Class: Analysis of Recent Policies

Chaitra Seetharam 27 November 2024 at 10:49

This article examines the intricate relationship between tax reforms and the middle class, focusing on how recent policy changes have affected their financial situations.

Income Tax Updates: 6 Budget 2024 Rules Effective 1st October

Chaitra Seetharam 30 September 2024 at 11:27

Finance Minister Nirmala Sitharaman has announced that the Budget 2024 has introduced several significant amendments to the Income Tax Act of 1961, which will come into effect on October 1, 2024.

How to Claim Capital Gain Tax Exemption on Redevelopment Projects?

Chaitra Seetharam 27 September 2024 at 10:45

Section 45 of the Income Tax Act, 1961, provides that any profits or gains arising from the transfer of a capital asset effected in the previous year will be chargeable to income tax under the head 'Capital Gains'.