In the Indian financial landscape, PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number) are two crucial identification numbers issued by the Income Tax Department. While both are alphanumeric codes, they … READ FULL STORY
Delhi, located in the centre of India, is a humming business centre home to various businesses and industries. The city’s dynamic pulse is defined by the flawless symbiotic relationship between its lively business environment … READ FULL STORY
Bangalore, often hailed as the Silicon Valley of India, is a vibrant metropolis renowned for its dynamic business ecosystem. The thriving city-state is the prime hub for many industries which makes substantial contributions to … READ FULL STORY
Noida, a bustling city within the National Capital Region (NCR), has evolved into a prime destination for software companies, both large corporations and innovative startups. These companies are drawn to Noida by its strategic … READ FULL STORY
Noida, a prominent city in the National Capital Region (NCR), has evolved into a magnet for businesses of all kinds in recent years. Its strategic location and well-developed infrastructure have made it an attractive … READ FULL STORY
Warangal, a historic city in the state of Telangana, is not only known for its rich cultural heritage but has also emerged as a significant hub for Information Technology (IT) companies. These firms play … READ FULL STORY
India’s status as a thriving business hub is underpinned by a diverse array of private limited companies spanning technology, manufacturing, healthcare, and finance. These firms are vital to India’s entrepreneurial landscape, driving innovation and … READ FULL STORY
As Kolkata continues to grow economically, it has witnessed a growth in a wide range of sectors, from IT and manufacturing to consulting and e-commerce. While it is known for its ports and the … READ FULL STORY
Kolkata, also referred to as the City of Joy, has been recognised as a thriving place for multinational companies lately. The city has experienced a rich history of commerce that goes all the way … READ FULL STORY
India’s economy has flourished in recent decades, thanks in large part to the efforts of a wide variety of firms that have had an impact both at home and abroad. Many of these public … READ FULL STORY
July 20, 2023: Non-resident Indians (NRIs) and foreign citizens whose permanent account numbers have been made inoperative because those were not linked with Aadhaar, should submit documentary proof of their residential status with their … READ FULL STORY
June 29, 2023: The government on June 28 deferred its decision to charge 20% TCS (tax collected at source) on foreign remittances through credit card under the Liberalised Remittance Scheme (LRS). Â The Centre has … READ FULL STORY
Tax collected at source (TCS) is the tax that a seller is responsible for collecting from the buyer on behalf of the government. The seller has to deposit this tax to the income tax … READ FULL STORY
