India has emerged as a global hub for outsourcing, offering a unique blend of cost-effectiveness, skilled professionals, and technological expertise. Over the years, businesses across the world have recognized India's potential to provide high-quality services,...
Changes in Foreign Trade Policy w.e.f. 1-4-2020
Income Tax Portal Update: Submit Rectification Applications Directly to AO Online – Now Live!
Section 154 of the Income Tax Act, 1961 - Allows assessee to file rectification request of errors apparent on the face of the record in their income tax orders. The Income Tax Department has enhanced its online portal to enable assessee to file rectification...
Decrypting Cryptocurrency in India
Cryptocurrency is one of the most highlighted ingenuity of the decade. Various countries deal with cryptocurrencies differently, e.g. in the USA, Bitcoin is treated as an asset. At the same time, Singapore recognizes Bitcoin as a valid currency, and Japan treats it as...
Goods and Services Tax
The Indian Government collects taxes that can be classified into Direct and Indirect Taxes. Direct Taxes refer to taxes imposed directly on the income, earnings, or profits of an individual or entity. These taxes are regulated and administered by the Central Board of...
How to file Income Tax return when window to file the tax return is closed by Income Tax portal
Income Tax Return (ITR) is a formal document used by individuals and entities to report their total taxable income for a specified financial year. It serves as a declaration of income earned, deductions claimed, exemptions availed, and taxes paid. The ITR is essential...
Taxation of Expatriate Employees in India
Understanding the taxation of expatriate employees in India is crucial for both individuals and businesses. Navigating the complex tax laws can be daunting, but it’s essential for compliance and financial planning. Now in this blog, we will discuss the taxation rules...
Why a Tax Advisor is Essential for Your Business
Running a successful business involves a multitude of responsibilities, from managing finances and scaling operations to ensuring compliance with ever-evolving tax laws. While tax season can be a daunting time for business owners, partnering with a tax advisor can...
How to Register a Company in India
India offers immense opportunities for businesses across a world-wide range of sectors, driven by its large and diverse market, rapidly growing economy, and a skilled labour force. As the world’s largest democracy and the fifth-largest economy on the basis of GDP...
Advantages of Copyright Registration in India
Introduction to Copyright in India Copyright is a legal right granted to creators for their original works, encompassing literature, music, art, films, software, and more. It ensures that the creator has control over how their work is used, reproduced, or distributed....