India being a country that encourages Foreign Investments, a good number of Foreign Nationals visit India frequently and also wish to start their business ventures here. Apart from capital, premises of business and various other factors, PAN for a Foreigner is essential for smoother operation of business in India What is a PAN? PAN stands [...]
When a situation arises wherein there is a sudden demise of an individual, filing of his/her IT returns is a difficulty that is faced by many. The legal heir of a deceased will be able to file the returns on behalf of the latter by following the below mentioned procedure: 1.The legal heir is required [...]
Last week our business development manager met a client at a network meeting. He is a computer engineer who works with a software giant in Chennai. While talking to him she casually asked her if he had filed his IT returns this year since he had started earning only last year. She was a little [...]
For those who seek refund of excess-paid Income Tax, can heave a sigh now, that the IT department has taken an additional initiative of mailing the TDS statement as furnished by the concerned tax deductor. This is to let the person (who claims the refund) to check whether the TDS certificate contains true particulars. If [...]
Being a taxing time, I’m sure you would have already got the first call from your accounts department detailing your tax liability and telling you how much you should invest in order to save taxes. Like everyone, you will also be questioning as to why we should taxes be paid at such higher rates. Well, [...]