Have you ever heard the term ‘leave encashment’ and wondered what it means? For salaried employees, leave encashment is a crucial aspect of compensation. It
The Indian tax system employs a crucial mechanism known as Tax Deducted at Source (TDS), a system designed to ensure consistent revenue collection by deducting
When selling property in India, sellers must account for various taxes including capital gains tax, cess, and TDS. These taxes must be calculated and paid
In India, an individual’s tax liability is determined by their residential status, which is classified into three categories under the Income Tax Act of 1961:
Hello everyone! Today, let’s delve into Section 10 of the Income Tax Act, which provides various exemptions to help minimize your income tax burden. What
What is a Private Limited Company? A Private Limited Company (PLC) is a business structure that is commonly preferred by small businesses and startups. This
An NGO (Non-Government Organization) is a non-profit entity focused on charitable or social work. In India, NGOs can be registered as trusts, societies, or Section
A private limited company is a popular form of business structure in India, commonly used by small and medium-sized enterprises. It is a privately held
The Board of Directors is responsible for overseeing a company’s operations. It is made up of individual directors, and under the Companies Act, 2013, certain
A company is formed when a group of individuals comes together with a common goal, typically to pursue a commercial purpose and generate profit. To
