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High-net-worth individuals (HNWIs) are defined as rich and wealthy members of society who have substantial financial reserves. In India,...

A partnership firm is defined as a business organisation that is of high significance. In India, it is a common type of business...

The Central Board of Direct Taxes (CBDT) is at the heart of India’s direct tax  system. This important group manages income tax policies,...

Black money is being considered one of the big problems in India. It damages the economy, enhances inequality, and promotes corruption....

Section 194C of the Income Tax Act, 1961, is a pivotal provision that governs the deduction of Tax Deducted at Source (TDS)  on payments...

Taxes are cumbersome for someone who does not know the basics of taxation. The list gets more complicated as more terms are added or...

Permanent Establishment (PE) is a critical concept in international taxation, defining the conditions under which a business entity may...

A Charitable Trust is a legal entity established for charitable purposes, primarily aimed at providing public benefit or relief in...

A Person of Indian Origin (PIO) refers to a foreign national who has Indian ancestry. This includes individuals who at any point held an...

A dividend is an amount that a business distributes to its shareholders from the profits it makes that specific year. In the hands of the...