India’s Finance Act 2023: Essential Updates for Businesses
India’s Finance Act, 2023, in effect from April 1, 2023, introduces significant tax changes for businesses operating in the country, necessitating careful consideration.
New Debt Mutual Fund Rules in India to Take Effect on April 1, 2023
From FY 2023-24, investors in debt mutual funds in India will no longer have the advantage of long-term capital gains tax.
PAN Application Procedure in India: A Step-by-Step Guide
In India, the 10-character alphanumeric PAN, which stands for permanent account number, is imperative for locals as well as foreign nationals and investors doing business in the country.
A Guide to Popular Income Tax-Saving Investment Options in India
Here are a few popular investment options in India for income tax saving under the old tax regime under Sections 80C, 80CCC, and 80CCD (1).
India’s Union Budget for 2023-24: Key Highlights
India’s Union Budget 2023-24, announced February 1, promotes infrastructure growth, green industry, and makes changes to the new tax regime. We report the major highlights.
India’s Tax Compliance Calendar for Businesses for January-March 2023
As India prepares to enter last quarter of FY 2023, we list the due dates and key forms for tax compliances for January-March 2023 period.
India Mulls Changes to its Capital Gains Tax Regime
Amendments are being proposed to India’s capital gains tax regime to make it simpler and streamlined.
India’s Tax Authority Considers Common Income Tax Return, to Include Crypto Assets Declaration
India has released a draft common income tax return (ITR) that will merge various existing ITR forms and emphasizes comprehensive disclosure of income and assets.