The RBI Sovereign Gold Bond (SGB) Scheme, 2024, offers a unique opportunity for investors to invest in gold without the hassle of physical storage. This scheme is part of the Indian government's effort to provide a safe and lucrative investment…
When you inherit property, it comes with significant emotional value, but it also brings financial implications that need careful consideration. One key financial aspect is understanding how to calculate capital gains tax on the sale of inherited property in India.…
Overview Micro, Small, and Medium Enterprises (MSMEs) form the backbone of most economies, particularly in developing countries These enterprises are crucial for economic growth, innovation, and employment. MSME registration, often referred to as Udyam Registration in India, is a certification…
Filing income tax returns is a necessary obligation for all individuals, including non-residents who have earned income in a particular country. If you are a non-resident individual and need to file your income tax returns, this guide will provide you…
How to Register a Private Limited Company Registering a private company is an essential step towards establishing a legally recognized business entity. It provides numerous benefits, such as limited liability protection for the owners and the ability to conduct business…
Section 80C Section 80C of the Income Tax Act of India allows a maximum deduction of up to Rs 1.5 lakh every year. This deduction is available only for individual taxpayers & HUF. Corporates, Firms are not qualified to avail…
In India, Tax on Individuals is based on a slab system, where different tax rates are assigned to different income ranges. So if a person's income increases, the tax rates also increase. Slab rates also vary based on the age…
