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TDS v/s TCS

Tax deduction at Source (TDS) Persons responsible for making payment of Income covered by the scheme of tax deduction is are required to ded...

What To Do When You Get A Tax Notice?

The basic check list of things when you get a tax notice: 1. Preserve Envelope 2. Check Your Details 3. Make Copies Of Notice 4. Check The V...

Tax Saving Options Other Than 80C Investments

Every taxpayer is entitled to reduce his tax liability by taking benefits of various deductions available under the Income Tax Act, 1961. T...

Dividend Distribution Tax

In India, domestic companies that declare, distribute or pay dividends are subject to dividend distribution tax at 16.61% on the amount of ...

Corporate Tax In India

Domestic companies are subject to income tax on all sources of income and capital gains wherever arising. Foreign companies are subje...