Vinayak Khattar

Income from Other Sources in India: Types, Deductions, and Tax Rates

In India, the Income Tax Act classifies various sources of income for tax purposes. Apart from salaries, business profits, and…

1 year ago

Penalties for Late Filing of ITR – [Detailed Guide]

Filing income tax returns (ITR) is a crucial obligation for every taxpayer. It not only ensures compliance with the tax…

2 years ago

Property Tax: Definition, Methods & How to File?

Local governments such as cities, counties, or municipalities assess property tax on real estate. It is typically based on the…

2 years ago

Freelancers Tax: How Freelancers Can File their Income Tax

Freelancer works for themselves and provides services to different clients on a project-by-project basis instead of being employed by a…

2 years ago

Best Short-Term Investment Plans for Income Tax Benefits

What is Income tax? The government levied income tax on the income earned by individuals, businesses, and other entities within…

2 years ago

Direct Tax Definition, Types, and Differences from Indirect Tax

Direct tax refers to a type of tax that is levied directly on individuals or entities based on their income,…

2 years ago

What is Capital Gains Tax? – Types and Computation

Capital gains tax is a tax levied on the profit made from the sale or transfer of certain types of…

2 years ago

GST Year-End Checklist 2023: 10 Tasks To Be Completed

As March approaches, the GST Year-End Checklist is a taxpayer's most crucial document! Taxpayers have various obligations to fulfill before…

2 years ago

Various Causes of ITR Filing for Individuals whose Income below the taxable Limit

ITR filing refers to the process of filing income tax returns (ITR) with the income taxdepartment of the government. It…

2 years ago

The Companies Act of 2013: A Comprehensive Review of the Company Registration Process in India

The Companies Act of 2013 governs company registration in India, and the Ministry of Corporate Affairs is in charge of…

2 years ago

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