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The Income Tax Department, leveraging advanced database systems, now captures various financial transactions of taxpayers, including Non-residents (NRIs, OCIs). Despite assumptions that foreign source funds aren't taxable, the absence of Indian Income tax filings prompts the department to verify potential tax evasion and the sources…
Tax planning holds immense significance in financial management, particularly for Crypto Professional & Investors. Going solo without seeking advice can lead to missed opportunities for tax savings, expensive penalties, and legal ramifications. Cryptocurrencies in India are categorized as virtual digital assets (VDAs) and are subject…
Every year, a multitude of Indian students face a life-altering decision, one that entails incurring substantial debts, bidding farewell to their parents and homeland, and setting their sights on Canada. Their shared dream revolves around obtaining a Canada Student Visa, which they believe will eventually…