Income Tax

Budget 2019 highlights

Budget 2019 Highlights

FM Nirmala Sitharaman proposed several amendments in Finance (No. 2) Bill 2019 on July 5, 2019. The Budget 2019 was a forward looking budget that brought with it incremental changes and...
Advance tax

Advance Tax – What is it? How to pay? How much to pay? And...

We have all heard about income tax, GST (Goods and Services Tax) and Value Added Tax (which is what GST was known as previously), but what in the world, is advance...
Annual Information Return (AIR)

How does the Income Tax department get your information? What is Annual Information Return...

While entering into a high value transaction, you might be asked for your PAN. These transactions are then reported to the income tax department through a mechanism known as Annual Information...
tax amendments

Big Bang Reform: Changes announced on 20 Sep 2019

The beginning of this month, September 2019: The Indian economy is in shambles and investors are fleeing the country, in search of better and greener lands. A plan needed to be...
bitcoin tax in india

Bitcoin tax in India

Bitcoins and cryptocurrencies have been a hot topic ever since the Coronavirus pandemic hit. Several advisors have been recommending that you hoard up on some crypto, ever since the lockdown in India has...

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