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Explore Registrationkraft’s Taxation blog posts to learn about Income Tax, HUF, ITR filing and more.
The Income Tax Department plays a crucial role in collecting revenue from individuals and businesses through Income Tax Returns (ITR). Every year, a deadline is set for filing ITRs, ensuring timely compliance and proper management of the tax system. For the current assessment year, the department had already extended the due date till 15th September, […]
The nutraceuticals industry is set to grow faster after the latest GST reforms. Union Minister of Commerce and Industry, Shri Piyush Goyal, announced this at the Bharat Nutraverse Expo 2025. He said the GST rate cuts will increase consumption demand and create a win-win situation for both businesses and consumers. GST Cuts to Encourage Higher […]
When it comes to filing income tax returns in India, one of the most important documents every taxpayer should know about is Form 26AS. Many people often hear about it but do not fully understand what it is, why it is required, and how it can help in avoiding mistakes while filing taxes. This article […]
When we talk about salaries and income tax in India, the term “allowance” comes up quite often. For a salaried employee, understanding what allowances are and how they are taxed can make a significant difference when it comes to tax planning and filing returns. Let’s break it down in a simple and relatable way. What […]
In today’s interconnected world, many individuals and businesses operate across borders. They engage in international trade, investments, employment, and other financial activities. While these opportunities are significant, they also introduce the challenge of managing international taxation. For Indian residents, the Tax Residency Certificate (TRC) is crucial. It helps individuals and businesses avoid double taxation risks […]
AATO in GST stands for Annual Aggregate Turnover. It is a crucial parameter for determining the taxpayer’s eligibility for GST registration, tax rates, compliance requirements, and various threshold limits established under the GST system. If you’re curious to learn about what is annual aggregate turnover (AATO) in GST and how to calculate it, we recommend […]
Many of us often look for ways through which we can save tax. One of the most popular ways to save tax in India is by acquiring an NSC certificate. The NSC is short for National Saving Certificate. It is a government-backed scheme open to residents of India. In this blog post, we will discover […]
When it comes to managing your finances, income tax plays a central role in shaping your financial planning. If you’re a taxpayer, you’ve probably thought about how to balance your income, investments, and savings. Ever wondered how life insurance policies, term plans, or other tax-saving investments could ease your tax burden? These decisions not only […]
It is almost impossible to avoid taxes these days. Most of us pay taxes directly or indirectly. If you are an NRI with investments in India, any income generated from your investments is subject to taxation. You might also be earning income in the country you’re living and working in. This means that you can […]
In the recently launched budget for the year 2024-25, the central government of India has proposed to bring down the long term capital gains tax from 20% to 12.5%. However, this would accompany indexation benefits. The fresh tax rates are slated to become effective from July 23, 2024. For those who bought their homes before […]