Tag Archives: #TaxationUpdates

How do you know if a company is GST registered?

Verifying GST Registration of a Company Verifying GST registration of a company, Statutory audit and tax audit are two distinct types of audits conducted for different purposes. Statutory audit: A statutory audit is perform to ensure that a company’s financial statements provide an accurate and fair view of its financial position and performance. It is… Read More »

Which allowances are taxable under the Income Tax rules of India?

   Introduction Allowances are additional financial benefits given by employers to employees apart from their basic salary. While some allowances are fully taxable, others enjoy partial or complete exemption under the Income Tax Act, 1961. Understanding the taxability of various allowances is crucial for both employers and employees to ensure proper tax planning and compliance.… Read More »

What taxes apply to dividends in India and how do they work?

  💥 What taxes apply to dividends in India and how do they work? 🎯 You’re here because you’ve probably asked             yourself What taxes apply to dividends in India and how do they work? “Do I need to pay tax on the dividends I receive?”“How exactly are dividends taxed in… Read More »