Advantages of company registration in the US for foreign non-resident Introduction Do you wish to create your business in the USA but you are Non-resident US citizen?  And or want to set up a business in the USA but not sure […]

7 primary differences between EPF and PPF (Public Provident Fund) Introduction Employees’ Provident Fund (EPF) is a retirement benefit programme designed only for those who receive a salary. The company and employee will both make contributions to this plan. The […]

Statutory Due Dates and Compliance Calendar for the month of October, 2022 As we all know, Every business irrespective of its size, structure and type, deals into many transactions and sales and purchases. For all business transactions, there are certain […]

A complete guide for Taxpayer on Difference between Section 80TTA and Section 80TTB  of Income Tax  Introduction Section 80TTA of the Income Tax Act is for HUFs, Individuals (but not Senior Citizens), and NRIs. However, Section 80TTB is only for seniors […]

What is Section 80TTA under Income Tax? Deduction Under Section 80TTA of the Income Tax Act. Many people have savings accounts but may not know that the interest earned is taxable as “Income from Other Sources.” Section 80TTA of the […]

All you need to know on Section 80-IAC: Tax Incentives for Startups The Government of India has added Section 80-IAC to the Income Tax Act to kick-start the growth of startups in India and give the newly founded businesses a […]

All you need to know about Filing Revised TDS Return Introduction It’s important that you carefully go through your TDS statement when you receive it. You have the flexibility to submit the document for revision if there are any mistakes […]

“What is ITR Form 4?”, Eligibility for Filing ITR Form 4, and ITR Form 4 Filing Process Introduction Individuals and Hindu Undivided Families (other than LLP) with income from their own business or profession must file their income tax returns […]

“What is Form 12BA of Income Tax?”, Structure and Applicability of Form 12BA Introduction The laws governing income tax have established guidelines for the assessment of certain perquisites. Additionally, because Form 16 only contains a consolidated account of the pay and […]