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When comparing capital gains tax across different countries, India's main competitors are China and Brazil. Interestingly, both China and Brazil impose higher capital gains taxes than India. However, it's important to note that India also levies a Se

Is India Taxing Too Much Fun? (POPCORN TAX) India’s tax system has gone global thanks to the popcorn taxation buzz. While we’ve made strides with reforms like GST and corporate tax cuts, quirky rules and compliance hurdles can sometimes leave foreig

One Tax Policy: A New Era of Taxation in India? What if income tax was the only tax you had to pay? A system where individuals pay a fixed percentage of their income as tax, and in return, they are exempt from all indirect taxes like GST and service

New Property Taxation Scenarios: 1) Modest Gains, High Burden 2004 Buy Price: ₹50 lakh 2024 Sell Price: ₹1.6 crore Old Taxation: ₹7,339 New Taxation: ₹13.75 lakh Your tax liability jumps from ₹7,339 to ₹13.75 lakh!!! 2) Moderate Gains, Heavier Lo

🚀 Everything You Need to Know About TAX AUDIT in Just 5 Minutes! 📊💡 🔎 What is a Tax Audit? A tax audit is a detailed examination of a taxpayer’s books of accounts to verify: ✅ Income & Deductions ✅ Compliance with the Income Tax Act, 1961 ✅ Prop

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

If Indian entrepreneurs protest for something then do you participate in that protest or not ?

BOULT has better design then BOAT and both are indian brands do you agree 👍

Looking for a Co-Founder | Let’s Build Something Big! I am on a mission to revolutionize tax consulting & business development, and I’m looking for a driven, ambitious co-founder to join this journey! My Priority is Dehradun Based Partner. So if you

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