10 Apr Understanding the Mechanisms of Tax Relief: Remission and Extinguishment
The concepts of remission and extinguishment of tax demand involve the cancellation or forgiveness of a taxpayer’s outstanding tax liabilities....
Financial Freedom Tag
10 Apr Understanding the Tax Advantages of Section 115H for NRIs
Section 115H of the Income Tax Act provides favorable tax rates for non-resident Indians (NRIs) on specific investments, encouraging them to invest in India and boosting the country's attractiveness as a financial destination....