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.

Blogs

Mr FM – Increase basic tax exemption slab to off-set high inflation

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...

Avail Medical Reimbursements and save taxes

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...

Investment in mutual funds and its taxability

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...

Ten Things to do before march 2011 to save taxes

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...

Taxability of income earned under capital gains by Individuals

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...

Taxability of income of Non Resident Individuals (NRI)

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...

Tax credit not given- File rectification with the IT Department

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

When return is filed either manually or online, the return is processed to ascertain whether any arithmetical error or any incorrect clai...

Tax slab for Individuals – Tax year ending March 2011

News & FAQs | By ALOK PATNIA | Last updated on Feb 1, 2011

The tax year ending March 2011, is nearing its end, therefore you must prepare for your tax planning for calculating the income tax liabi...

Income tax returns and penal interests

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

Updated on 23-01-2014 ,  An individual is required to file his return of income for any previous year upto 31st July of the assessment ye...

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