Indian tax laws

Demystifying TDS (Tax Deducted at Source) in India

TDS (Tax Deducted at Source) in India: FAQs

Post author:TAXVIC
Post published:June 27, 2023
Post category:CA Certificate CA Near Me Deductions and Exemptions in Indian Tax Law Financial Transactions and TDS Form 15 CA CB Government Tax Policies Income Tax Regulations Indian Income Tax PERSONAL FINANCE Tax Planning Strategies Tax Saving Tax-Saving Tips for Businesses Tax-Saving Tips for Individuals TDS (Tax Deducted at Source)TDS Certificates and Statements
Reading time:10 mins read

TDS is a system implemented by the Indian government to collect taxes at the point of payment. It provides the government with a consistent source of money while encouraging transparency…

Discover the tax implications of receiving gifts in India. Learn about the taxability of monetary gifts, immovable properties, and movable properties for individuals and HUFs. Get answers to common FAQs

Tax on Gift Received by an Individual or a HUF – Frequently Asked Questions

Post author:TAXVIC
Post published:June 2, 2023
Post category:Financial Planning Gift Tax Gifted Properties Immovable Property Taxation Income Tax Indian Tax Laws Movable Property Taxation PERSONAL FINANCE Tax Exemptions Taxation
Reading time:11 mins read

Tax on Gift Received by an Individual or a HUF Is the receipt of monetary gifts by an individual or Hindu Undivided Family (HUF) taxable? Yes, under the Income Tax…