Learn the key elements—Trading Account, stock statement, GST reconciliation, and supporting evidence—that strengthen flood, fire, or water damage insurance claims.
Explains how Indian residents must disclose jointly held foreign accounts based on beneficial ownership, clarifying Schedule FA and Schedule FSI requirements.
Learn how to properly structure and account for business assets used personally to ensure tax compliance and accurate depreciation claims.
Understand how to structure contracts, manage income tax, GST, and banking when providing services from India to foreign clients.
Indian service exporters must comply with interconnected GST, Income Tax, TDS, and FEMA rules to legally serve international clients and claim tax benefits. Under GST, exports qualify as zero-rated services only when recipients are located outside India, payments are received in foreign currency through authorized banks, and businesses maintain proper documentation including LUT, SAC codes, […]
Explains why cryptocurrency is not treated as foreign currency under GST law, causing service exporters to lose LUT benefits and pay 18% GST on crypto-based export receipts.
Explains how timing, family LRS limits, and NRO remittances can legally prevent the 20% TCS on foreign transfers. Highlights compliant methods clarified under the tax rules.
Explains proper disclosure of foreign custodial accounts, RSUs, MMFs, and dividends. Key takeaway: each income type requires separate reporting to stay compliant.
A clear guide on how US dividends are taxed under the India–US DTAA. Key takeaway: US withholding is capped at 25%, but India taxes dividends fully with FTC relief.
Breaks down the 2025 GST changes affecting accommodation services. Key takeaway: rooms under ₹7,500 are taxed at 5% without ITC, while higher-priced rooms continue at 18% with ITC.
