How to Calculate Taxes on Online Casino Winnings in India?
In the past 10 years, the online casino industry in India has seen a massive surge in the number of players. This […]
Time limit for filling form 67 for claiming foreign tax credit increased
CBDT vide notification no 100/2022 dated 18th August 2022 amends Rule 128 of the Income-tax Rules, 1962, providing major relief to taxpayers in the […]
Reduction of time limit for verification of Income Tax Return
Reduction of time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the data […]
Social Media Influencers And Doctors Will Have To Pay 10% TDS For Promotion Of Products
The Union Budget has introduced a new Section 194R into the Income-Tax (I-T) Act, 1961. According to it, TDS of 10 percent must […]