What’s the Penalty for Keeping Savings Account and Deposit Accounts as an NRI?
When you change your residency status to NRI, a lot of things happen in your life. A new set of rules governs your finances, from your bank accounts to your...
CA Sachin Gujar
What are the criteria for determining a deemed Resident status?
The basics of a clause of determining a resident under the Indian Income-tax Act and the understanding of the same are necessary to determine whether the recognition of the individual’s...
How Can NRI Avoid TDS On Property Sale?
When it comes to domestic transactions, the TDS structure is clear for domestic property sales, but confusion exists regarding TDS for an NRI selling their property in India. An NRI...
What is Form 15CA / 15 CB Certificate for NRI?
It does not matter if you are an NRI. When you have Indian citizenship, you are bound to pay government taxes in the prescribed format. Form 15CA & 15CB is...
What is the Legal Definition of NRI?
There are many speculations about the definition of NRI. The residential status of an individual in India can be confusing on many occasions. The situation can be more confusing when...
How Income Tax Audit Helps the Business
Getting the first salary in hand is always exciting. Isn't it? However, we often tend to overlook the nominal amount that remains subtracted from our salary. This deducted amount from...
A Guide to NRI Taxation
We all have that member in our family who is presently working abroad after completing his education. This family member strives hard to pursue his dream and find a permanent...
Understanding Benefits and Misconceptions of Company Formation
The nature of business is such that many times many disputes arise. Extensive business laws can sometimes lead to very strict penalties in such cases, even when non-compliance is inadvertent....
Benefits of Hiring Chartered Accountant Services for Business
Chartered accountants are experts in the area of finance, taxation, accounting, etc. They can help the business grow and develop by helping them make the right financial decision. Not everyone...
How Are Bookkeeping Services Beneficial for Business?
To carry out different activities of the business, it is imperative the practice of recording them. It is seen that many companies are taking the help of bookkeeping services that help in...