What is Dividend Distribution Tax? A dividend is nothing but a distribution of a portion of a company’s earnings. A dividend distributions tax is nothing but a tax levied on the profits distributed by Indian Companies to its investors or...

What is Direct Tax? In India, taxes are levied by the Government through Direct & Indirect Taxes. Both are extremely important in the growth of the Indian economy. Direct taxes, in simple terms, is the tax that is levied directly...

What is a Direct Tax? In India, taxes are levied by the Government through Direct & Indirect Taxes. Both are extremely important in the growth of the Indian economy. Direct taxes, in simple terms, is the tax that is levied...

Before moving to understand the concept of deferred tax liability, below are a few key points that need to be considered: Companies generally prepare two important financial reports for every year, being tax statements and income statements. Considering the tax...

Being a salaried employee you must have heard about dearness allowance as part of your salary. Your salary comprises a basic fixed salary and a few allowances. The total of basic pay and allowances make up your take-home salary. It...

Education has the ability to enhance people's quality of life at a geometrically faster rate. Every parent is concerned about children education. You are inspired to work harder each day because you want to provide your child with a high-quality...

Budget 2023 Updates The conversion of physical gold to Electronic Gold Receipt and vice versa does not result in capital gains Deduction under section 54 and section 54F is capped to Rs 10 crores Income from market linked debentures are...

What are Capital Gain Bonds? The capital gain bonds help a taxpayer in investing the long term capital gain earned on the sale of a long term capital asset. By investing their long term capital gain taxpayers can save tax...