Pan Card for NRI | Why Pan Card is important for NRI

PAN Card is mandatory for every person who is required to file a return of income or intends to enter into an economic or financial transaction where quoting of Transactions in which quoting of PAN is mandatory are as follows: …

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Gift Tax for Non resident Indians | NRI Gift Tax

Our terrene is filled with people who are bound into close-knit families, having a lot of reasons to celebrate on various occasions. On such occasions, people exchange multiple gifts. Such gifts are a symbol of love and affection, but sometimes…

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A quick look @ Income Tax rates for AY 2019-20 & ITR forms applicability for various assessees

Income Tax Return Forms Applicability for the Financial Year 2018-19 ITR 1 – SAHAJ : For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources…

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The Saga of Start-ups and Angel Tax

What is a Start-up? A startup is a company that is in the initial stages of its operations. The promoters basically come up with an idea/ business model that targets the market needs by developing or offering an innovative product,…

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