Have you ever received a notification from the Income Tax department about advance tax not being paid, only to realize that someone has used your PAN to obtain a GST registration without your knowledge? This can happen to anyone who shares their personal details like PAN and Aadhaar with strangers. In fact, it is becoming increasingly common for
Read MoreIt can be confusing to know when you are required to file, but understanding the rules can help you avoid any penalties or fines.Here are the 10 situations when it is mandatory for an individual to file an income tax return in India:Exceeding the maximum exemption limit: If your total income exceeds the maximum exemption limit, which is Rs. 2.5
Read MoreThe taxation of cross border investment income varies between nations for each type of investment income. There is a consensus among nations that every investment income ought to be subject to tax only once. In the past few decades, many of the developed nations have been attempting to bring a structured approach to cross border taxation through
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