Filing an Income Tax Return (ITR) in India is not just a legal formality – it helps establish financial credibility, unlocks refund claims, and supports visa,..
Tag: Income tax India
Who Needs to Comply With Transfer Pricing Rules in India?
If your business engages in transactions with foreign affiliates or related domestic entities, Transfer Pricing (TP) compliance is a legal necessity. India’s TP regulations aim to ensure..
BEPS Pillar Two: Will India Adopt the 15% Global Minimum Tax?
The OECD’s BEPS Pillar Two framework is driving a global shift towards a minimum 15% corporate tax rate across countries, aimed at preventing profit shifting and base..
Equalisation Levy 2.0 on Digital Ads: Cost Planning for AI Firms
Equalisation Levy 2.0 on Digital Ads As Indian AI firms, SaaS companies, and e-commerce players increasingly depend on global digital platforms for advertising and marketing, Equalisation Levy..
What is Form 26AS? Why It’s Important Before Filing ITR
Introduction Before filing your Income Tax Return (ITR), it is essential to verify your tax details using Form 26AS. Form 26AS summarizes the taxes deducted, collected,..
How to Claim House Rent Allowance (HRA) and Save Tax in 2025
Introduction House Rent Allowance (HRA) is a common component of a salaried individual’s salary structure in India. It offers a tax benefit by allowing exemption of..
How NRIs Should File Income Tax Returns in India for 2025
Introduction Non-Resident Indians (NRIs) often have financial ties to India such as property, investments, or business interests. Filing an Income Tax Return (ITR) in India is mandatory..