How to Surrender or Correct Your PAN Card
How to Surrender or Correct Your PAN Card Read More »
Taxation
Your PAN Card Will Be Inoperative from Jan 1, 2026 if Not Linked to Aadhaar!
The clock is ticking! The deadline to link your Permanent Account Number (PAN) with your Aadhaar card is fast approaching. Failure to link these two essential documents by December 31, 2025, will result in your PAN becoming “inoperative” starting from January 1, 2026. This deadline applies specifically to the remaining group of PAN holders who obtained their
Your PAN Card Will Be Inoperative from Jan 1, 2026 if Not Linked to Aadhaar! Read More »
Understanding Tax Exemption vs. Tax Deduction in India
Tax planning is a crucial aspect of personal finance management, helping individuals and businesses reduce their tax liabilities within the framework of the law. Two important concepts in this realm are tax exemptions and tax deductions. While both mechanisms serve to lower your taxable income, they function differently. This article elucidates the differences between tax
Understanding Tax Exemption vs. Tax Deduction in India Read More »
Understanding Dividend Tax in India for AY 2024-25
Dividend tax refers to the tax imposed on the income earned from dividends in India. For the Assessment Year (AY) 2024-25, there are certain key aspects to consider regarding dividend taxation in the country. 1. Dividend Distribution Tax (DDT) Prior to the financial year 2020-21, companies were required to pay Dividend Distribution Tax (DDT) on
Understanding Dividend Tax in India for AY 2024-25 Read More »