Residential status under the Income Tax Act is determined every financial year based on the number of days an individual stays in India. An individual is considered Resident if any one of the ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. There are over 30 million non-resident ...
Even if you made zero Long Term Capital Gains (LTCG) income from sale of property you need to pay tax; Know why ...
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How Much Cash Can I Keep At Home in India? What the Law Says
In India, news about Income Tax raids often makes headlines, with officials recovering large amounts of cash and valuables ...
Traders declaring business or F&O income below 6% of their turnover may face a mandatory tax audit. This rule applies even if ...
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