Smart thinking! Advance tax can be a bit tricky, but once you understand it, it's actually a good system.
As we know Indian taxation system which comprises various types of Taxes but let's understand it in broader view let's check out with the word "TAX"
On the occasion of 8th March being International Women's Day, this article enlists the top women in the finance sector who are CAs. These distinguished women serve as an inspiration to all, especially to the girls and women pursuing CA or dreaming of working in the finance sector.
In the vibrant realm of entrepreneurship, establishing a thriving business goes beyond just a great idea or product. A vital yet often overlooked aspect is understanding the nuances of entity structures.
In today's fast-paced business environment, small and medium-sized enterprises (SMEs) often grapple with multiple responsibilities, including financial management.
The process of incorporation of a Nidhi Company in India is known as Nidhi Company Registration. The primary objective of the institution is to encourage the habit of saving among its members.
There are several benefits in the Income Tax Act available for senior and super senior citizens to claim to reduce their tax burden.
A new clause inserted by the Finance Act of 2023 allows deductions made to MSMEs on an actual payment basis instead of an accrual basis if the payment is made within the threshold limit.
NRO accounts, also known as Non-Resident Ordinary accounts, are crucial for managing financial transactions for individuals of Indian origin or non-residents earning income in India.
The standard deduction for salary income in India was abolished in the Finance Act of 2005-06. At that time, the standard deduction was removed as part of the government's efforts to simplify the tax structure.
CAclubindia
