The Holding Company

Procedures for Filing Return

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Procedures for Filing Return. As per section 139(1) of the Income Tax Act, 1961 in the country, individuals whose total income during the previous...
Tax Reforms

Rules and regulations Under Taxation

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Rules and regulations Under Taxation. All of us believe that we are paying a lot of tax. Well, the time has come to record...
Tax Reforms

Tax haven

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A tax haven or offshore financial center is any country or jurisdiction that offers minimal tax liability to foreign individuals and businesses. Tax havens...
DEPRECIATION

Foreign Income

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Foreign Income. It is earned from investments made outside the domicile country of the investing entity. Also, that is typically taxed at the foreign...
Tax Reforms

TDS

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What is TDS? The full form of TDS is Tax Deducted at Source, as the name suggests, it is a collection of tax at the...
Tax Reforms

Incomes Exempt From Tax

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Incomes Exempt From Tax. As the saying goes “Good Things comes in small packages”, exemptions are those small packages which can make your life...
The Holding Company

Per Capita Income

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Per Capita Income. The income per capita is a measure of the amount of money earned per person in a certain area. It can...
Tax Reforms

Impact of Bitcoin on Tax

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Impact of Bitcoin on Tax - Bitcoin is a relatively new e-currency payment system that is not operated by a centralized government authority like...
Tax Reforms

Slab Rates

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Slab Rates. Income tax is levied on individual taxpayers on the basis of a slab system where different tax rates have been prescribed for...
Tax Reforms

Bitcoin Tax

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Bitcoin Tax - The lack of official information on cryptocurrency and bitcoin taxation is not making Canadian taxpayers’ lives easier. The Canada Revenue Agency...
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