TAX EXEMPTION FOR STARTUPS IN INDIA SECTION 80IAC
Section 80-IAC of the Income Tax Act, 1961 offers a significant tax incentive to eligible startups by allowing a 100% income tax deduction on profits
Akhila Nelluri
chartered accountant
Blogs
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MUTUAL FUND SWITCH IS IT TAXABLE ?
Many investors believe that switching from one mutual fund scheme to another within the same fund house is tax neutral. This is a common misconception.
Akhila Nelluri
chartered accountant
US Remittance Tax 2026
Starting January 1, 2026, the U.S. will introduce a 1% remittance tax on certain international money transfers.
Akhila Nelluri
chartered accountant
NRI Tax Alert Faster Action on Outstanding Demands Under New Tax Bill
The Income Tax Bill 2025 has introduced Clause 422, fundamentally changing how tax recovery is handled for NRIs.
Akhila Nelluri
chartered accountant
Intimation under Section 143(1) of the Income Tax Act, 1961
When you file your Income Tax Return (ITR), the process doesn't end there. The Income Tax Department runs a computerised check.
Akhila Nelluri
chartered accountant
NRE vs NRO Account: Tax Implications Every NRI Must Know
NRE and NRO accounts serve different purposes and have significantly different tax implications. Understanding these differences can help NRIs minimise tax liability.
Akhila Nelluri
chartered accountant
How to Sell Property in India as an NRI: TDS, Tax & Repatriation Guide 2026
Selling property in India as an NRI involves TDS deduction by the buyer, capital gains computation, DTAA relief, Form 15CA/15CB, and repatriation of sale proceeds.
Akhila Nelluri
chartered accountant
DTAA Benefits for NRIs: Country-Wise Guide (USA, UK, UAE, Canada, Australia)
DTAA (Double Taxation Avoidance Agreement) prevents NRIs from paying tax on the same income in both India and their country of residence. Learn how to claim it.
Akhila Nelluri
chartered accountant