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GST 2.0: A Turning Point for India’s Consumption-Led Growth

Introduction to GST The Goods and Services Tax (GST), rolled out in July 2017, marked one of India’s most significant indirect tax reforms. It subsumed multiple central and state levies—excise, service tax, VAT, octroi—into a unified structure designed to simplify taxation, enhance compliance, and boost transparency. Its introduction created a “One Nation, One Tax” framework […]

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Budget 2024 Breakdown

Leave a Comment / Advisor Zone, Alternative Investments, Direct Mutual Fund, Financial Planning, Fixed Income, income Tax, Mutual Fund, Real Estate, Uncategorized / By Research Desk 4

Tax Slabs and Provisions: New Tax slabs: Tax Slab for FY 2024-25 Tax Rate Upto ₹ 3 lakh Nil ₹ 3 lakh – ₹ 7 lakh 5% ₹ 7 lakh – ₹ 10 lakh 10% ₹ 10 lakh – ₹ 12 lakh 15% ₹ 12 lakh – ₹ 15 lakh 20% More than 15 lakh

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NRI Gift Tax in India – Gift from NRI to Resident Indian or Vice Versa

Leave a Comment / Financial Planning, income Tax, NRI, NRI, Personal Finance, Tax Planning / By Research Desk

NRI Gift Tax: In this article, we’ll examine the effects of presents given by NRIs to Indian residents and vice versa. It is essential to comprehend the gift tax legislation and its exemptions before making any presents. Let’s get started and find out more about the NRI gift tax in India. Click here to be

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Comprehensive Guide for NRIs to Deal with Inoperative PAN Cards

Leave a Comment / FEMA, income Tax, NRI, NRI / By Research Desk

Inoperative NRI Pan Cards: Despite the fact that NRIs are not taxed in India on their foreign income, they are required to file tax returns if they receive any interest income from NRO bank savings accounts or NRO fixed deposits, Rental income from property located in India or Capital gains by selling assets or shares,

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AIS - Streamline Filing Tax Return In India

Demystifying AIS: A Comprehensive Guide to its Role in Streamlining Tax Return Filing in India

Leave a Comment / Financial Planning, Financial Planning, income Tax, Investment Advisor, Investment Planning, Personal Finance, Tax Planning / By Research Desk

Automated Income Tax Filing System (AIS) Filing tax returns is a necessary obligation for individuals and businesses alike. The process can be complex and time-consuming, involving multiple forms and detailed financial information. Fortunately, advancements in technology have paved the way for significant improvements in various sectors, including tax return filing. One such technological marvel is

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REITs and InvITs: What Are The Challenges and Opportunities

Leave a Comment / Financial Planning, income Tax, Investment Planning, Personal Finance, Real Estate, Tax Planning / By Research Desk

REITs and InvITs Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) have been a hot topic of discussion in recent times, especially due to the uncertainties surrounding them which have caused their value to plummet. However, before we delve into the reasons behind the recent downfall of REITs, let us first understand what

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Market Outlook – Feb’23

Leave a Comment / Financial Planning, income Tax, Investment Planning, Personal Finance / By Research Desk

February Market Outlook Market Outlook: Budget and uncertainties. As per our market outlook in the month of Jan consolidated by about ~3%, it performed exactly as per our expectation and traded between 18150 and 17600 levels even after the initial consolidation due to some distress caused by the bombshell report from Hindenburg research on Adani.

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Union Budget 2023 – 2024 Highlights

Leave a Comment / Health Insurance, Home Loan, income Tax, Life Insurance, Mutual Fund, Small Savings, Tax Planning, Uncategorized / By Research Desk

Union Budget 2023 – 2024 Highlights Union Budget FY 2023 – 24 was pro-growth and provided focus on capex while ensuring inclusive developments. The FM has struck a fine balance as she is sticking to the path of fiscal consolidation by targeting a fiscal deficit of 5.9% of GDP for FY24 against 6.4% for FY23

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All About Real Estate Investment Trusts ( REITs ).

REITs: Real Estate Investment Trusts

Leave a Comment / Advisor Zone, Alternative Investments, Estate Planning, FEMA, Financial Planning, Fixed Income, income Tax, Insurance Planning, Investment Planning, Real Estate, Retirement Planning, Tax Planning / By Research Desk

Traditionally most Indians have had a significant portion of their net worth in real estate but in recent times due to a rise of property prices investors have not been able to invest in real estate due to its high ticket size especially in Metro cities. One option available for investors which provides exposure to

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NRI Taxation -How is the Income taxed?

Leave a Comment / Advisor Zone, income Tax, NRI, NRI, Personal Finance / By Research Desk

It is essential to determine the residential status of the taxpayer to determine the taxability of income earned by such taxpayer. However, in the case of a resident taxpayer, all his income would be taxable in India, irrespective of the fact that income is earned or has accrued to taxpayers outside India. However, in the

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