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Residential status under the Income Tax Act determines an individual's tax liability in India. It is primarily based on the individual's physical presence in India during a financial year (April 1 to March 31). Answer: Under the Income Tax Act in India, an individual's residential…
What is Annual Information Statement (AIS)? The Annual Information Statement (AIS) is a recently introduced system by the Income Tax Department. It serves as an information repository for taxpayers, providing insights into their financial transactions throughout a given year. This comprehensive statement encompasses various financial…
The number of visas you need for your business in the UAE depends on various factors, including the type of business entity, the nature of your business activities, and the specific requirements of the emirate where you are establishing your company. Here are some general…