CAclubindia Articles

NRI Income Tax Filing in India: A Comprehensive Guide

Posted by CA Arun Tiwari 04 May 2024 651 Views

Our goal in this guide is to simplify the process, providing a detailed overview to ensure NRIs understand their obligations and rights under Indian tax laws.

Direct Listing Of Share Of Indian Companies Overseas Through IFSC GIFT City

Posted by Affluence Advisory 04 May 2024 220 Views

Indian businesses will be given the "flexibility to access both markets domestic market for raising capital in INR and the international market at IFSC for raising capital in foreign currency from the global investors".

State-wise Professional Tax Payment Deadlines in India: A Comprehensive Guide

Posted by Ishita Ramani 04 May 2024 6326 Views

This guide provides an overview of the due dates for professional tax payments in different Indian states. But first, let's understand what professional tax is....

What will happen if you fail to declare NRI status?

Posted by Khush Trivedi 03 May 2024 1738 Views

As we all are aware the first step for computing tax liability of an assessee is determination of residential status which can be either Resident or Non-resident & according to which one can find the taxable income as it is important to declare residential status.

Rule 114E of Income Tax Act

Posted by Khush Trivedi 03 May 2024 1013 Views

In this article, you will learn about all the transactions of which reporting is required under the Rule 114E

Due Date Calendar for May 2024

Posted by CS Divesh Goyal 03 May 2024 1562 Views

Event Date Act Applicable Form Obligation Tuesday, 7 May, 2024 Income Tax Challan No. ITNS-281 ...

Environmental Concerns in the IBC Framework

Posted by CS Peer mehboob 03 May 2024 288 Views

As per the reports, Government is contemplating to bring changes in the Insolvency and Bankruptcy Code to address this crucial issue.

Professional Fees TDS

Posted by CCI Team 02 May 2024 38986 Views

Section 194J of the Income Tax Act 1961 contains provisions with respect to TDS deduction on fees for professional or technical services.

Income Tax Exemption on Gratuity

Posted by VISHAL BANSAL 02 May 2024 19225 Views

Introduction:Gratuity is a monetary benefit given by employer to his employee after rendering a service of minimum of 5 years or more in his establishment. Grat...

Form 60 and Form 61

Posted by Nikita Agarwal 02 May 2024 5909 Views

Form 60 and Form 61 are used in India for certain financial transactions. Form 60 is used when an individual does not have a Permanent Account Number (PAN) and is carrying out specified transactions that require PAN. It is a declaration of identity and address.