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How do startup save taxes? I've heard the have tax benefits..

Indian startups are Reverse Flipping. Many startups incorporate in countries like Singapore, Mauritius, the US (primarily for SaaS), or the Cayman Islands for several reasons: - Ease of doing business - Tax incentives - Better funding opportunities

GST Thread 2 What GST brings along with it - 1. Value added tax and no cascading of taxes - GST is only on the value added by the manufacturer and being a value added tax at each stage it avoids double taxation Example - If I purchase plastic fr

𝗪𝗵𝘆 𝗨𝗻𝗶𝗰𝗼𝗿𝗻𝘀 𝗮𝗿𝗲 𝗦𝗵𝗶𝗳𝘁𝗶𝗻𝗴 𝗧𝗵𝗲𝗶𝗿 𝗗𝗼𝗺𝗶𝗰𝗶𝗹𝗲 𝗕𝗮𝗰𝗸 𝘁𝗼 𝗜𝗻𝗱𝗶𝗮 ?? Recently, unicorn Groww completed its reverse flip, shifting its domicile to India from the U S. accounting for around $60 Mn-$70 Mn (approx. IN

In India, taxes like income tax are really high, but the public services don't seem to match. My suggestion: If someone pays ₹5 crore in tax, the govt should tell them, 'Instead of paying us, invest that money in your local area—build roads, schools,

The UK's Overseas Territories Lead the Charge in Global Tax Havens – British Influence Dominates the Corporate Tax Haven Landscape in 2024 🤯 (A tax haven is a country or jurisdiction that offers low or no taxes, minimal financial transparency, an

What's a scam that's so normalized that we don't even realize it's a scam anymore? Me- Taxes. Once you tax the income, why is there a tax again in the name of GST? Whatever the shop / company earns they can give it as income tax. This approach n

Here’s a real- lesson from July 2024: Many salaried employees, while filing their ITR, realized too late that they had missed out on crucial tax planning and investment opportunities because the financial year had already closed. Don’t let this hap

The rise of Indian SaaS Unicorns continues to break records! In 2021 alone, India saw the creation of 9 SaaS unicorns, marking the highest number yet. With more startups joining the elite club each year, India's SaaS industry is accelerating into a b

Income Tax Old Regime vs New Regime All individuals should calculate their income according to both the old regime and the new regime. Thereafter, they should choose the scheme that results in lower taxes.