Taxation of Foreign Source Income
Foreign Source Income refers to income that is earned from sources outside India. This can include income from employment, business, or investments located in a… Read More »Taxation of Foreign Source Income
CA Punit Bagaria
How Gains From Foreign Shares Are Taxed In India
Overview of tax on foreign shares in India Investing in foreign shares has become increasingly popular among Indian investors seeking to diversify their portfolios and… Read More »How Gains From Foreign Shares Are Taxed In India
Income Tax for Senior and Super Senior Citizens FY 2023-24 (AY 2024-25)
Who is a Senior Citizen and a Very Senior Citizen? Under Income tax for Senior Citizens the terms “Senior Citizen” and “Very Senior Citizen” are… Read More »Income Tax for Senior and Super Senior Citizens FY 2023-24 (AY 2024-25)
Income Tax On Income From Social Media Websites in India
Do youtubers pay tax in India? Yes, income earned from youtube is taxable in India. The income earned from activities such as sponsored posts, advertising… Read More »Income Tax On Income From Social Media Websites in India
High Value Transactions Income Tax: Submit Response under E-Campaign
What Are High Value Transactions? High-value transactions under the Income Tax Act refer to financial transactions that involve large amounts of money. These transactions are closely monitored… Read More »High Value Transactions Income Tax: Submit Response under E-Campaign
Section 80G Deduction: Donations Eligible Under Section 80G
Section 80G of the Income Tax Act allows taxpayers to claim deductions for donations made to specified funds and charitable institutions. This deduction aims to… Read More »Section 80G Deduction: Donations Eligible Under Section 80G
How To Save Income Tax on Salary Income Above Rs.50 Lacs
How to Calculate Income Tax on salary? Calculating income tax on salary involves several steps. Let’s break it down: Determine Your Gross Salary: Start by… Read More »How To Save Income Tax on Salary Income Above Rs.50 Lacs
Cryptocurrency Taxation in India – Guide to Crypto Taxes in India
What is Cryptocurrency? Cryptocurrency is a digital form of currency that operates independently of a central bank. It is secured by cryptography, making it nearly… Read More »Cryptocurrency Taxation in India – Guide to Crypto Taxes in India
Which ITR Should I File? Types of ITR Forms for FY 2023-24 (AY 2024-25)
What are ITR Forms ITR forms, or Income Tax Return forms, are the prescribed forms through which taxpayers report information about their income and taxes… Read More »Which ITR Should I File? Types of ITR Forms for FY 2023-24 (AY 2024-25)
How to file ITR-1 (SAHAJ) Online? ITR-1 Filing
ITR-1, also known as Sahaj, is an income tax return form used by certain individuals to file their taxes in India. Here’s a brief overview:… Read More »How to file ITR-1 (SAHAJ) Online? ITR-1 Filing