Income From Other Sources Income tax in India can be complex, especially when it comes to income from sources other than your salary or business profits. This blog aims...
Expenses Disallowed Under PGBP When calculating profits and gains from business or profession (PGBP), certain expenditures are disallowed and must be added back to the net profit. Understanding these...
Tax on EPF Withdrawal India’s Employee Provident Funds (EPFs) play a crucial role in financial planning for retirees, especially for salaried individuals. Tax benefits can be obtained under certain...
How to Calculate Gross Salary or CTC You would have heard terms like gross salary, net salary, and CTC. These terms might be confusing, especially if you’re in the...
ESOPs: How They Work, Benefits, Costs, and Tax Implications ESOPs, or Employee Stock Ownership Plan, is a program that provides a company’s workforce with an ownership interest in the...
Difference between Bookkeeping and Accounting Every business needs to have a bookkeeping and accounting process to prepare the financial records at the end of a year/quarter. In addition, bookkeeping...
Everything that you need to know about Public Provident Fund When India introduced the Public Provident Fund (PPF) in 1968, its goal was to raise small contributions for investment...
CAPITAL GAINS TAX One of the most sought-after investments is a residential property, mainly because you get to own a house. Some investors, however, might do so to make...
WHAT’S THE DIFFERENCE BETWEEN TDS AND INCOME TAX RETURN? The phrases income tax return filing and Tax Deducted at Source (TDS) are often misunderstood by taxpayers. Knowing the distinctions...
MCA mandates Private Cos. except Small Cos. to issue securities only in De-mat form within 18 months from Mar 31, 2023 The Indian government has recently issued a significant...
