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Basic Tax Planning Guide

It's that time of year when you have to plan yous investments to optimally save taxes. Use this Basic Tax Planning Guide as a reference point when you do it The five heads of Income classified under Income Tax Act are The Income from different…

Fema Rules for Sending Money Abroad from India 

FEMA and RBI govern the FOREX Transaction Rules of India. RBI AND FEMA provide the guidelines for Sending Money Abroad from India depending on the purpose and nature of remittance. Under the various schemes and regulations of the FEMA Act, the limits of remittance for…

Is India planning to solidify its Cryptocurrency taxation laws ?

Due to the recent growth in Cryptocurrency trading activity in the country, India’s tax department has reportedly decided to “chase” the data it has acquired about individuals trading Cryptocurrency way before the Reserve Bank of India banned it in 2018. Whether or not this information…