Taxmantra Global is battle-ready for the COVID-19 outbreak with full client delivery capability intact

At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.

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Tax Saving Tools for Individuals

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

There is a plethora of tax-saving products that come with varied duration, interest rates and taxability. Thus, a person can reduce his t...

Provident Fund & Its Taxability

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Provident Fund provides a compulsory contribution for the future of an employee after his retirement or for his dependents in case of his...

Tax Returns /ITR for FY 2010-11 (March 2011) – Some Facts

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

The due date for filing of tax return for FY 2010-11 (March 2011) is fast approaching.  The first thing which comes to mind, when thinks...

Measures to curb Bonus Stripping – Income tax

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

A new section 94(8) has been inserted with effect from assessment year 2005-06 to curb the practice of creation of losses via bonus strip...

Dividend Stripping & Measures to curb it

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Dividend Stripping is a process by which a investor gets tax free dividend by investing in securities (including units), shortly before t...

New Pension Scheme

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

Government of India in the year 2004 announced a New Pension Scheme.  Section 80CCD was brought in to provide that where an individual e...

Employee stock option plan (ESOP) – Salaried Individuals

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

An employee stock option plan (ESOP) is a way in which employees of a company can own a share of the company they work for. There are dif...

Common Myths – Tax returns/ ITR/ Online Return filing

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

While we all do tax planning and have become well versed with many provisions of the I-T Act that are relevant to us, there are many beli...

Clubbing of Income – Individual Taxpayers

Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017

There is a tendency among the tax-payers of the higher tax brackets to divert a part of their income to the hands of their relatives, in ...

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