On April 2, 2025, U.S. President Donald Trump announced, "reciprocal tariffs," aiming to adjust U.S. import duties to match those imposed by its trading partners. This policy introduces a universal…
Returning to India after living abroad brings both excitement and challenges. One of the most significant hurdles is understanding how Indian tax laws apply to your global income, foreign assets,…
Small and Medium Enterprises (SMEs) form the backbone of many economies worldwide, driving innovation and employment. Effective accounting practices are crucial for the success and sustainability of these businesses. This…
What is Section 194I TDS on Rent? According to Section 194I, rent is defined as a payment made under a lease, sub-lease, tenancy, or any agreement to use land, building,…