Securities Transaction Tax (STT) is being hyped a lot in the current tax system of India because it is a tax that is levied on the trading of securities, including stocks, bonds, derivatives and equity mutual funds, due to which Securities Transacti

You may not yet know how much property taxes are significant in India, it is a very key feature of the fiscal policy of our country which affects both the structure of local government’s income as well as the regime of property rights. Proper

What is DTAA (Double Taxation Avoidance Agreement) It is a treaty between two or more countries to prevent individuals and businesses from being taxed twice on the same income. Its purpose is to promote cross-border trade and investment so taxpayers

Advance Tax Provisions are the amount of tax you pay as you earn. Instead of paying it in a lump sum at the end of the year you can pay your tax liabilities in installments throughout the year. This is called advance tax. What is Advanced Taxatio

All of you must know very well that tax exemption in India is considered a very important part of the Income Tax system of the whole country. It has been designed not only to provide relief to all the consumers but also to promote economic and socia

All of you must have heard or seen somewhere that income tax plays a major role in the financial system of our country. Income tax in India helps a lot in financing all government aspects, infrastructure projects, and public services. Also, it is

Taxation is a natural form of tax which the government uses as a guaranteed income from which they finance public services, social amenities, maintaining law and order, etc. Taxes are broadly classified into two categories which are direct tax an

NMMC Property Tax is collected from residents to finance local services and infrastructure. By paying your property taxes on time, it helps you maintain roads, parks, and other communities. NMMC Property Tax Coverage Area  NMMC proper

Payroll taxes system has been given a very important status in our country India. Which greatly helps in financing our country's health care, social security programs and all other crucial public services. Payroll taxes play a big role for all bu

Slump Sale occurs when a business sells its entire unit or division including all assets and liabilities for a lump sum price. This type of business is treated as a going concern which means it always operates under new ownership. Slump sales are al