Direct Taxation


Demystifying Residential Status: Taxation in India

January 31, 2024

Understanding Residential Status in India The determination of residential status is crucial for taxation purposes. It is influenced by the Poem, conduct of business, and the individual’s Indian origin or citizenship. Assessing the resident status ensures tax compliance under the Income Tax Act. The tutorial videos can be beneficial to understand the legal provisions. Defining […]

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NRI Tax Benefits: Your Essential Guide to Tax Planning

January 31, 2024

Understanding NRI Taxation Legal definitions and implications of NRI status are crucial for understanding NRI taxation. The criteria for determining residential status play a significant role in the tax regime. How leaving India for employment affects residential status is also important. These factors define the tax liability and impact various deductions and exemptions available to […]

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Tax Planning for Salaried Professionals Understanding the Basics of Tax Planning

January 30, 2024

Tax planning for salaried professionals begins with understanding the fundamental concepts and strategies. This includes comprehending the tax-saving options available under the central government’s regulations, the importance of term insurance in tax planning, and the significance of maintaining rent receipts for claiming House Rent Allowance (HRA). Additionally, it involves considering the impact of annual income […]

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ITR Filing Last Date For FY 2023-24 (AY 2024-25)

January 23, 2024

Introduction As the fiscal year 2023-24 draws to a close, taxpayers across the country are gearing up for the annual ritual of filing their Income Tax Returns (ITRs). The process, often considered daunting, comes with its own set of complexities and deadlines. In this blog post, we will delve into the intricacies of ITR filing […]

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All About Double Taxation and Its Impact

January 12, 2024

Are you a business owner who is worried about paying taxes twice on the same income? Double taxation can be a complicated issue that can impact your bottom line. In this blog, we will help you navigate through the complex world of double taxation and show you how to avoid it. We cover everything from […]

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Mergers & Acquisitions: Tax Management in India

April 17, 2023

Introduction Mergers and acquisitions (M&A) play a crucial role in the growth and expansion of businesses, and tax management is an essential aspect of M&A transactions. In India, managing tax implications during M&A is critical to the deal’s success. This article will discuss the tax implications, benefits, planning strategies, and challenges associated with M&A in […]

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Securities Market

Loss harvesting and other tax planning ideas in the securities market in India

January 16, 2023

The securities market in India is a complex and rapidly evolving landscape, with a wide range of investment options and tax laws that can be difficult for investors to navigate. One important strategy for minimising tax liability in the securities market is loss harvesting, which involves selling securities with decreased value to offset capital gains […]

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Tax Planning

Mastering Tax Planning for Companies in India: Strategies and Incentives

January 12, 2023

As a company in India, tax planning is crucial to ensure compliance with regulations and optimise your tax liability. The government of India offers various tax incentives to companies to promote investment and economic growth. However, staying informed and seeking professional advice to ensure compliance and take advantage of these incentives is essential. This post […]

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Navigating the Dissolution of a Partnership Firm in India: Implications and Tax Planning Strategies

January 8, 2023

Dissolving a partnership firm in India can be a complex process with various legal and tax implications. It is important for the partners to understand their rights and duties during the dissolution process and to consider tax planning options to minimize any negative financial impact. Introduction A partnership firm is a business entity formed by […]

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Partnership Firms and Tax Planning

July 13, 2020

 Welcome to our presentation on partnership firms and tax planning. In this presentation, we will explore the unique tax considerations for partnership firms and guide how to plan for taxes as a partnership effectively. Partnership firms are a popular business structure in India, and it is important to understand the specific tax implications of this […]

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