Blog tagged as Income Tax

According to the Companies Act, 2013 of India, it is mandatory for foreign companies to appoint a Resident Director in India if they want to set up a subsidiary, joint venture or branch office in the country.

From the perspective of the company, an NSO is far more beneficial as it allows the company to deduct taxes right from the moment when the employee exercises the stock option. This is not possible in the case of an ISO, thereby making NSO the more practical choice for the company.

Prices of goods increase over time, resulting in a fall in the purchasing power (quantity of goods that one unit of money can buy) of money.

Everything you need to know about Sections 206AB and 206CCA & 194Q of Income Tax Act

“All our demands during the crisis were met locally. Now, it is time to be ‘vocal about local’ products and help them become global,” he said.

Income Tax Deductions under Sec 80 CCD(1B), Payment of income tax is essential for every citizen of India who has an income tax liability, as per the rules and regulations of the Income Tax Act 1961