LRS scheme limit explained for remitting money abroad from India. Covers the USD 250,000 annual limit, permitted and restricted remittances, TCS applicability, and RBI rules for individuals under the LRS framework.
Surcharge on income tax in India explained. Covers applicable surcharge rates for individuals, firms, and companies, marginal relief provisions, and how surcharge impacts the effective tax rate on high incomes.
Tax audit applicability under Section 44AB explained. Covers who needs a tax audit, turnover thresholds for business and profession, presumptive taxation exceptions, and due date for filing Form 3CA/3CB and 3CD.
Partnership Firm Tax Rate in India (AY 2025-26): A Comprehensive Guide by Tax Experts Taxation of partnership firms in [...]
LLP Forms Due Date in 2025: Complete Guide to Annual Compliance Deadlines Every Limited Liability Partnership (LLP) in India [...]
ITR Filing Made Simple: Your Comprehensive Guide to Income Tax Returns in India ITR filing, or filing of the [...]
ITR-7 Filing for AY 2025–26: Detailed Guide for Trusts, Institutions, and Political Parties The Income Tax Department has notified [...]
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ITR-3 Filing for AY 2025–26: Eligibility, Key Updates, and Filing Guide The Income Tax Department has released the updated [...]
