5 Amazing Benefits of Incorporating Private Limited Company
The process of getting a private company register, no doubt, is a matter of choice. But still, getting the same registered under the law facilitates the benefits as per taxation...
All you need to know about Input Tax credit under GST
According to the defined terms, input credit under GST implies the clause of reduction in tax payable on output concerning the tax already paid on input purchase. For example, if...
How Can a Foreign Company Set Up Its Business in India?
India is one of the world's fastest-growing economies, with enormous human potential and a market of over 1.2 billion people. Opportunities in India with chartered accountant firms have drawn a substantial amount...
Form 13 – TDS Non-Deduction or Lower Deduction
A stride forward and two steps backward. What for? The tax system is similarly subject to the same principles of the problem. The same mistake or problem persisted for a...
Let’s Look At 5 Straightforward Tax Methods That Every NRI Must Know
You are liable for paying taxes in India even if you're a Non-Resident Indian. But you may utilize these NRI tax methods to your most significant advantage. Creating an NRE...
Section 194R – Take A Dive Into The Ocean Of 194R
The days when Section 195 seemed like a Tedious, mind-numbing clause are long gone. We had waded into the 194R and 194S ocean, formerly the most fantastic sea, two years...
What Are the Benefits of a Virtual Office for E-commerce Sellers?
A modern virtual office design enables the operator to get a business address in a prominent area. The lack of an actual workplace and thus reduced leasing costs makes purchasing...
How to Maximize Profitability Outsourcing Your Books
In addition, income minus expenses determines profitability. You have to understand how spending money can be deconstructed, how it might focus on saving you time, how it can boost overall...
Advantages of Indirect taxation compared to Direct Taxation
One of the main ways that the Government makes money is through taxes. The Indian Government received a total of Rs. 9,98,037 crore in tax revenue in 2020. The importance...
Types, Benefits, Eligibility, and Tax Rates of Direct Tax
Evading direct tax is equivalent to avoiding your social obligations! You can pay taxes to the Indian government directly by paying a direct tax. Direct taxes are assessed on all...