Business

Strategize your retirement with these tax plansYou have worked hard to build your big American dream. You have given your children a good childhood and sent them off to premier universities. And now, it’s time for you to retire. But taxation does not care much about your retirement. How do you maintain the life that you have so painstakingly created for […]Business · Jul 7, 2022Read the article Delaware: A corporate HavenCountry director of Grant Thornton India Pvt Ltd, Khozema Anajwalla once said that due to a friendly business approach about 95% of Fortune 500 companies are incorporated out of Delaware. ORIGIN At the end of the 19th century, New Jersey decreed corporate-friendly laws so that it can attract business from New York. Following its footsteps, […]Business · Jul 4, 2022Read the article Getting in the crosshairs of cross-border ESOPsOne of the biggest promises made during elections – US or India- is to make things easier for the common man to have his own business. One-window clearance, ease in obtaining credit and a simplified exit policy are all driving factors that have led to a colossal increase in the number of startups in both […]Business · Jun 28, 2022Read the article FEMA Guidelines for Investing in Real Estate PropertyIn the modern-day world,people are fascinated with investing in capital assets. Bounded by fluctuating markets and unpredictable economies, everyone desires foreseeable cash flow and better returns with tax benefits. Their best bet comes in the form of real estate and immovable property. As Louis Glickman once said, “The best investment on Earth is earth.” However, […]Business · Jun 28, 2022Read the article Family Estate Planning Services in India and the United States can indeed incorporate provisions for plants.Estate planning is the process of arranging for the distribution of your assets and the management of your affairs after your passing. While estate planning primarily focuses on financial assets, it can also encompass personal property, including plants such as terarium plants. In both India and the United States, there are legal mechanisms and strategies […]Business · Jun 27, 2022Read the article A guide to disclosing foreign assets without a sweat with the IRSThe Foreign Account Tax Compliance Act (FATCA) has been introduced in the U.S attempts to combat the evasion of tax by U.S taxpayers who are holding assets offshore. Internal Revenue Service has made the compliance of foreign accounts and assets a priority with FATCA reporting. Programs such as Voluntary Disclosure Procedures and Streamlined Filing Procedures […]Business · Jun 1, 2022Read the article Filing ITR? Know this about tax scrutinyThe Oxford Dictionary defines scrutiny as “careful and thorough examination”. If you add the word ‘tax’ before the word ‘scrutiny’, the words together evoke goosebumps in anyone who files his taxes. It evokes a sense of fear and panic as the layman thinks that the officials want to conduct a raid or a search. However, […]Business · May 31, 2022Read the article Are you a business holding crypto assets? Here is how to conform to the American and Indian frameworks while disclosing them.History has shown us that with growing times there is growing acceptance. A recent addition to that list has been crypto assets–asset-backed tokens, security tokens, Initial Coin offerings, stablecoin, cryptocurrency, utility tokens, NFTs, and everything else under the blockchain umbrella. Despite the volatility and the price surges, the blockchain tech underlying crypto has become a […]Business · May 30, 2022Read the article The Equalization levy –a snag or a solution?The early 2010s witnessed a drastic upswing in the number of e-commerce websites in India. From the American MNC, Amazon, launching its e-commerce operations in India in 2013 to the homegrown Nykaa in 2012, the number of e-commerce marketplaces has only increased with every passing year (The digital economy is said to be increasing at […]Business · May 28, 2022Read the article