Navigating the world of taxes as a consultant can feel daunting. Differing from traditional employment, where taxes are directly withheld, freelancers are obligated for managing their own tax payments. This requires a deep familiarity of tax codes and approaches to optimize your tax burden. Understanding Your Tax Obligations: A crucial first step … Read More
Private tuition has become a popular source/avenue/mode of income for many individuals in India. However, it's crucial to understand/comprehend/grasp the tax implications associated/related/connected with this income stream. The Indian tax laws classify/categorize/label private tuition income as "profits and gains from other sources." This means th… Read More