Priyanka Srivastava
blogs from Pune
Latest posts by Priyanka SrivastavaWhere a NRI is interested in investing in or selling off real estate in India, he is governed by the Foreign Exchange Management Act (FEMA) and the Indian Tax Act. This articles covers all the factors governing taxation (income tax, wealth tax & TDS) of real estate w.r.t. an NRI in India. As per the...
Posted on 25 June 2013 | 3:36 pm
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Profession Tax is levied on the Income of a person earned by way of profession, trade, calling and/or employment even though the tax payer may already be paying Income tax. The difference between Income tax and Profession tax is that Profession tax is levied and collected by the State Government whe...
Posted on 24 June 2013 | 2:44 pm
Read postMAT stands for Minimum Alternate Tax and it is applicable on companies. The important points relating to it are: MAT is applicable on both Indian and foreign companies. MAT is applicable on both private and public limited companies. MAT is levied on a company when the tax liability (including surcha...
Posted on 21 June 2013 | 5:18 pm
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