Income Tax Slabs for FY 2024-25: New & Old Regime Tax Rates The income tax system in India has undergone several transformations, providing taxpayers with the option to choose between two regimes: the Old Regime with exemptions and deductions and the New Regime with lower tax rates but limited exemptions. For the Financial Year (FY)…
Private Limited Company Registration in India: A Complete Guide
When starting a business in India, selecting the right business structure is one of the most crucial steps. Among the various options, Private Limited Company (PLC) registration stands out as a preferred choice for entrepreneurs. Governed by the Companies Act, 2013, a PLC offers a…
If you're a salaried individual, you must have come across the term Form 16 while filing your income tax returns. This important document acts as proof of income and tax deductions, making it essential for tax compliance. In this blog, we’ll break down everything you need to know about Form 16, including its components, eligibility,…