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.
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Perquisite is a part of gross salary of an individual provided by his employer in addition to the basic salary. It is the benefit in ad...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
If you are a salaried individual enjoying House Rent Allowances (HRA) from your employer and also own a residential house, then you can h...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Today Share Trading has gained widespread popularity among the common men as a means of making quick money but still many are not aware w...
News & FAQs | By ALOK PATNIA | Last updated on Feb 3, 2011
India’s food inflation has remained in double-digits for most of the past year. The wholesale price index rose an annual 8.43% in t...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
There are lots of facilities which the employees can avail from their employer and not even liable to pay tax on the same. The one of suc...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
You can think of a mutual fund as a trust that brings together a group of people and invests their money in stocks, bonds, and other secu...
News & FAQs | By ALOK PATNIA | Last updated on Feb 3, 2011
The tax year 2010-11 comes to closure on 31st March 2011, with that the taxpayers start rushing for the documents/investment proofs, base...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Any profit or gain arising from the transfer of capital assets is chargeable to tax under the head “Capital Gains†in the year in whi...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Last updated on Oct 5, 2017
Residential status of an individual provides the scope of his taxable income and tax thereon. An individual can be a resident, not ordina...