The budget does away with tax arbitrage on MLD. The market finds a clever solution

Budget 2023 focused on ending the ‘rewdi’ (subsidy) culture for the wealthy, with new tax measures…

Colors represent vibrancy in Holi but in tax laws, what do they represent?

The expression ‘colorable device’ means any fictitious arrangement or transaction, which is disguised as a genuine…

Proposal related to capital gains in Finance Bill 2023

The Finance Minister has proposed some provisions related to capital gains in the budget presented on…

Can India’s tax system override its own tax laws?

Many taxpayers are facing a peculiar situation, usually with small demands being raised on processing of…

Is double taxation still required on buyback of listed shares?

One of the general principles to be followed in tax laws is that there is no…

India should liberalize its taxation system for migrants

India, FDI, Taxation, Payment, Taxation Regime for Migrants, Tax Ranking India has undoubtedly emerged as an…

The infra bonds I have invested in have matured. Explanation of Income Tax Rules

i had invested 20000 in Long Term Infrastructure Bonds for 10 years in the year 2011…

How to reduce tax liability by making up the deficit

Indian tax laws allow taxpayers to reduce their tax liability if they have incurred a loss…

How you can prevent loss of TDS credit

Most of the taxpayers, for a year or so, must have experienced a situation where they…

Will Budget ’22 benefit people?

Zeta is optimistic about riding the third wave without any challenges. He is very organized especially…