Name Change Online India – Apply, Process, and Fees
People may wish to change their names for several personal, professional, or cultural reasons. Since a name is a key part of one’s identity and appears on important documents such…
GST vs Income Tax: Understanding the Difference Between GST and ITR Filing
For every taxpayer in India, it is important to know how the tax system works and the correct way to file both direct and indirect taxes. Having a clear understanding…
Section 37 of Income Tax Act: List of Expenses Allowed & Disallowed as Deduction from Business Income
In India, the government offers certain tax deductions to businesses to promote growth. These deductions apply only to specific expenses outlined under Section 37 of Income Tax Act. To file…
Merchant Navy Workers Taxation in India
Seafarers, Merchant Navy Workers Taxation In India - Services In All Major Cities In India i.e. Delhi NCR, Mumbai, Kolkata, Chennai, Kerala, Hyderabad, Bangalore, Gujarat, Punjab, UP, Other Cities What…
Seafarer/Merchant Navy Officer Income Tax Filing
A seafarer is a professional engaged in working aboard watercraft such as ships, typically responsible for navigation, operations, or maintenance under a contractual arrangement. How Is Income Tax Filing Different…
Auditing Requirements of Private Limited Company
Once a private limited company is incorporated, it must adhere to several compliance obligations under the Companies Act, 2013. One such essential requirement is the conduct of an audit, which…
Understanding Form 15CB and CA Assistance
What is Form 15CB? Form 15CB is a certificate issued by a Chartered Accountant (CA) when a person makes payments over ₹5 Lakh in a financial year to a Non-Resident…
DTAA Made Simple: How NRIs Can Claim Tax Relief and Avoid Paying Tax Twice
DTAA Made Simple: How NRIs Can Claim Tax Relief and Avoid Paying Tax Twice An individual’s residential status plays a vital role in determining how their income will be taxed…
Receiving ESOPs as Part of Your Salary?
ESOPs are becoming increasingly popular in India, especially as more multinational companies include them in employee compensation packages. An Employee Stock Option Plan (ESOP) is a type of employee benefit…
RSU vs ESOP Taxation: Key Differences and Which One May Be Better for You
Employers frequently offer various benefits to retain existing employees and attract new talent. Among these incentives, equity-based compensation—granted in the form of company shares—is quite common. These shares are typically…