What is a Tax Shelter? – Types, Benefits, and Potential Risks [2023]

1 year ago

Tax planning is an essential aspect of managing personal and business finances. Individuals and companies often employ a strategy to…

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

1 year ago

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

Penalties for Late Filing of ITR – [Detailed Guide]

1 year ago

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

Property Tax: Definition, Methods & How to File?

2 years ago

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

Freelancers Tax: How Freelancers Can File their Income Tax

2 years ago

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

Income Tax Consultant in India

2 years ago

Income tax is crucial to a country’s taxation system. It is a direct tax levied by the government on the…

Best Short-Term Investment Plans for Income Tax Benefits

2 years ago

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

Direct Tax Definition, Types, and Differences from Indirect Tax

2 years ago

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

What is Capital Gains Tax? – Types and Computation

2 years ago

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

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

2 years ago

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

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