Key Highlights of the 53rd GST Council Meeting
The latest GST Council meeting has ushered in a series of pivotal changes to enhance the efficiency ...
Understanding Dividend and Bonus Stripping under Sections 94(7) and 94(8) of the Income Tax Act, 1961
Bonus and dividend stripping are sophisticated strategies investors employ to mitigate their tax lia...
Understanding Income Tax Nexus Rules for Multistate Businesses
Understanding the income tax nexus rules is essential for businesses operating across multiple state...
Analyzing Corporate Buybacks and Their Tax Implications Under the Income Tax Act of 1961
In the realm of corporate finance, the buyback of shares, also referred to as a share repurchase, is...
Understanding the Impact of Tax Changes on Debt-Oriented Mutual Funds
Debt-oriented mutual funds are a popular investment choice, focusing primarily on fixed-income secur...
Mastering 401(k) Rollovers: Timeframes, Restrictions, and Tax Implications Explained
Despite the growing importance of retirement planning in the United States, many individuals remain ...
Navigating ERISA: Understanding Employer Fiduciary Responsibilities for 401(k) Plans
While probing into the niche of retirement planning, understanding one’s role and responsibili...
Withdrawal of IRA by a US Non-resident
In the tricky terrain of international taxation, the withdrawal of Individual Retirement Accounts (I...
New vs Old Tax Regime- A Guide for FY 2023-24 Income Tax Filers
With the introduction of the new tax regime and its divergence from the familiar old tax regime, Ind...