Income Tax On Diwali Gifts

On Diwali, everyone enjoys giving and receiving presents. People exchange many types of presents, such as cash, sweets, clothes, gold jewellery, gadgets, and so on!

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Income Tax for NRI

For non-resident Indians (Indian citizens or Persons of Indian Origin (‘PIO’) who have been residing outside India), until March 31, 2020, NRIs who visited India

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Income Tax Basics in India

Income tax is a type of tax that the central government charges on the income earned during a financial year by the individuals and businesses.Taxes

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Transacting in big-ticket or high-value cash transactions can land you in trouble with the Income Tax Department. There are various cash-related transactions that the tax man keeps a close

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Input Tax Credit (ITC)

Goods and Services Tax (GST) is considered the biggest reforms in India. However, one thing that has become the talking point is the mechanism of input

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