With effect from April 16, EPFO new withdrawal policy allows an account holder to withdraw up to INR 1 Lakh for medical treatments. This announced is made via a circular which allows an account holder to claim up to INR 1 Lakh for the treatment of illnesses for themselves or their family members.
In this article, we'll explore these tax rules for NRIs who work remotely from India for foreign companies. We'll look at what NRIs need to think about and what it all means.
According to the Income Tax Act of India, individuals are mandated to file an Income Tax Return (ITR) only if their annual income surpasses the basic exemption limit.
In this post, we will discuss the many charges that can be made against your property, the contrasts between moveable and immovable property, and the importance of the Transfer of Property Act of 1882.
As we all know nowadays Stock trading & investments are increasing rapidly & it is important to know about the taxability of these transactions.
With the flourishing economic conditions in India and the government’s proactive measures to ensure that there is ease of doing business, various foreign institutional investors, foreign multinationals companies have been making investments in the country.
Navigating the complex terrain of business, small and medium-sized enterprises (SMEs) face a myriad of challenges, from economic uncertainties to technological disruptions.
As a Chartered Accountant (CA) your signature is more than just a formality - it's a strong statement about your identity and professionalism. Creating a thoughtful signature can improve your professional image and make a lasting impression.
Through this comprehensive walkthrough, taxpayers will find essential insights into adhering to the new compliance mechanisms, thereby mitigating the risk of tax credit discrepancies and ensuring smoother tax operations.
Once a taxpayer receives SMS alert from the income tax department regarding TDS, taxpayers should verify the information provided in the SMS with their office salary slips or other relevant documents to ensure accuracy.