Harshvardhan Mishra
- Finance , Taxation
- January 16, 2025
- 50 views
What is HUF and Its Benefits?
In India, the concept of a Hindu Undivided Family (HUF) holds significant relevance, especially in matters of taxation, inheritance, and wealth management. It is a distinct legal entity recognized under…
- Finance , Taxation
- January 15, 2025
- 61 views
Form 15G & Form 15H: Usage and Eligibility for TDS in India
Tax Deducted at Source (TDS) is a mechanism by which the government collects tax at the source of income. While this ensures regular tax collection, it may lead to excess…
- Finance , Taxation
- January 9, 2025
- 57 views
Section 194H of the Income Tax Act
Introduction Section 194H of the Income Tax Act, 1961, is an important provision concerning the deduction of tax at source (TDS) on commission or brokerage payments. Introduced to ensure tax…
- Finance , Taxation
- January 9, 2025
- 32 views
Windfall Tax in India: Everything You Need To Know
Introduction A windfall tax is a special tax imposed by governments on companies that experience unexpected and extraordinary profits, often due to favorable external circumstances rather than their own business…
- Finance , Taxation
- January 9, 2025
- 33 views
What is Special Allowance: Taxation, Calculation, and Exemption Limit
Special Allowance is a component of an employee’s salary that is provided to meet specific requirements or compensate for unique conditions associated with their job. This allowance is over and…
- Finance , Taxation
- January 8, 2025
- 54 views
Taxation on Dividends in India: Everything You Need to Know
Dividends serve as a common source of income for investors, but they are also subject to taxation in India. The Finance Act 2020 introduced significant changes in how dividends are…
- Finance , Taxation
- January 8, 2025
- 33 views
Understanding Angel Tax: A Comprehensive Guide
What is Angel Tax? Angel tax is a term used to describe the income tax levied on unlisted Indian companies that receive funding from angel investors.1 Specifically, it targets situations…
