Learn about the legal and taxation compliances required for IT startup companies entering India. From incorporation to tax audits, understand the steps for establishing a subsidiary.
Know how to avoid unnecessary TDS deductions! Learn about certificates for lower or nil TDS deduction under the Income Tax Act. Simplify your tax filing process.
Explore U.S. Taxation for Individuals – Key filing statuses, tax rate schedules, income brackets, deductions, and more for the 2022 tax year. Don’t miss the April 18, 2023 deadline.
Discover the impact of Budget 2023 on Personal Income Tax, including changes in tax rates, exemptions, deductions, and the choice between old and new tax regimes.
Discover the advantages and considerations of FDI in India: Should you choose a company or LLP structure?
An expatriate means a person visiting India or an Indian visiting outside India for employment purposes. In this article, we shall discuss the taxation & legal formalities to be followed by Expats on arrival in India. LEGAL FORMALITIES TO BE FOLLOWED BY EXPATS 1. Registration of Foreign National with Foreigners Regional Registration Officer (FRRO) All […]
Section 195 of the Act governs the TDS deduction on payments to non residents. It states that any person responsible for making payment outside India to a company or a non company is required to deduct TDS at the time of payment or credit, whichever is earlier at the rates in force. Let us understand […]
In this article, we shall discuss the important points to consider while filing the Income Tax Return for Non resident Indians (‘NRI’). Following points shall be discussed in the article: I. CRITERIA FOR FILING INCOME TAX RETURN II. INCOME CHARGEABLE TO TAX IN INDIA FOR NRI III. TREATMENT OF EXEMPT INCOME FOR SLAB CALCULATION IV. […]
In continuation of the previous article where the eligibility of Startup was discussed, in this article we shall discuss the Taxation & other benefits available to start-ups. Under the taxation benefits, following benefits shall be available to start-ups: I. Deduction Under Section 80-IAC of The Income Tax Act, 1961 (‘Act) II. Angel tax Incentive III. […]
In this article, we shall discuss the registration applicable on Startups & its eligibility criteria. Further, we shall also discuss the details & documents required for Startup registration under Department for Promotion of Industry & Internal trade (‘DPIIT’). BRIEF ON DPIIT STARTUP INDIA RECOGNITION The Government of India under its flagship programme “Startup India” introduced […]
