Tag Archives: #TaxationRegulationsIndia

15CA/CB compliance?

15CA/CB Compliance 15CA/CB compliance involves adhering to the legal obligations established by the Indian government regarding the transfer of funds from residents to non-residents. It involves the submission of Form 15CA and obtaining Form 15CB to ensure proper reporting and taxation of cross-border transactions. To achieve 15CA/CB compliance, the following steps need to be… Read More »

Why is the agricultural income non taxable in India?

Non-taxability of agricultural income In India, agricultural income is not taxable because it is considered as a primary source of income for many rural households and farmers. The government encourages agriculture and farming as it contributes significantly to the country’s economy that’s why it comes under non-taxability of agricultural income. To visit: https://www.incometax.gov.in Taxing agricultural… Read More »

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