Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples Profits earned from the sale or transfer of capital assets like property, shares, bonds, and vehicles fall under the…
Futures and Options (F&O) traders have long been subject to tax audits when their turnover exceeded ₹10 crores, mainly due to the previous calculation method. This formula factored in option…
Employee Stock Ownership Plans (ESOPs) are gaining significant traction in India. These plans, widely offered by domestic and international companies, provide employees an opportunity to own a stake in the…
Tax-Saving Strategies for High-Net-Worth Individuals in India When it comes to protecting wealth, effective tax planning is essential, particularly for high-net-worth individuals (HNIs) in India. By staying informed about the…
The Goods and Services Tax (GST) has revolutionized the tax landscape for small businesses in India by replacing the previous complex system of taxes with a unified, simplified approach. GST…
For any organization, financial stability is vital to long-term success. This applies equally to profit-oriented businesses and non-profits, where maintaining a balanced budget is essential. While profit-based entities focus on…
The income tax filing period for the financial year has begun, and senior citizens enjoy several tax benefits under Indian tax laws. To qualify as a senior citizen for tax…
India ranks as one of the fastest-growing freelance markets in the world. Freelancing in the country is becoming increasingly rewarding due to supportive tax regulations and opportunities for financial savings.…
E-commerce transactions are subject to various tax regulations under both Income Tax and GST. To prevent tax evasion and ensure proper tax compliance, the government has introduced new sections in…
The ITR-U (Updated Income Tax Return) form was introduced by the Indian government in the Union Budget 2022, enabling taxpayers to update previously filed ITRs. This allows corrections for errors…