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Income Tax Rates

What is International Taxation ?

March 2, 2023February 23, 2023 CA. Kalpesh Karia
What is International Taxation

Term International Taxation is somewhat misleading as there is no standard law defined which is governed by all Countries . International taxation is an International aspect of the income tax laws of Read more […]

Categories International Tax Tags Income Tax Rates Leave a comment

How is Interest Calculated Under Section 234A ?

November 17, 2022 CA. Kalpesh Karia
Interest Under Section 234A

Yes, you have to pay Interest to the Government in case you don’t pay taxes on time and don’t file a return on time. If you are filing Income Tax Return (ITR) without professional help or using any software Read more […]

Categories Income Tax Tags Income Tax Rates, Income Tax Return Leave a comment

What is Presumptive Income under Income Tax ?

November 2, 2022 CA. Kalpesh Karia
Presumptive Income

Presumptive Income means income defined as per presumptive rates under Indian Income Tax Act, 1961 . It means You don’t have to calculate business income under normal provision. Under normal provision, Read more […]

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What is Income Tax rates on Mutual Fund ?

October 10, 2022 CA. Kalpesh Karia
Income Tax on Mutual Fund

Income tax is one of important aspects in dealing with mutual fund. Investor should aware regarding applicable income tax rates . Post tax return will be impacted by Income tax rate . For example long Read more […]

Categories Income Tax, Personal Finance, Tax Planning Tags Income Tax Rates, Personal Finance Leave a comment

What is the Future of Income Tax in India ?

January 11, 2023September 14, 2022 CA. Kalpesh Karia
Future of Income Tax in India

Have you heard that only ~ 2 crore Indians are paying Income Tax in India ? As on date, 6.16 crores Tax payers have filed their returns for AY 2022-23 in Income portal out of population of 138 crore .Finance Read more […]

Categories Income Tax Tags Income Tax Rates, Income Tax Return Leave a comment

Corporate tax rates slashed to 22% for domestic companies

September 20, 2019 CA. Kalpesh Karia

Government has slashed corporate tax rates to 22% for domestic companies. Please find below Press Note for your ready reference. PRESS NOTE Corporate tax rates slashed to 22% for domestic companies and Read more […]

Categories Income Tax Tags Income Tax Rates, Press Release Leave a comment
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