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Short Term Capital Gain on Shares (Section 111A of Income Tax Act) – STCG Tax Rate & Calculation

Investing in the Indian stock market can be a great way to grow your wealth. But when it comes time to sell your shares, understanding short-term capital gains tax (STCG) is crucial. In India, Section 111A of the Income Tax Act dictates how STCG on shares is taxed. Confused about the tax rate and how to calculate it? Don’t worry! This blog post will break down everything you need to know about STCG tax on shares in India, making tax season a breeze.

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The Complete Guide to iTR2: Essential Insights and Applications

In today’s fast-paced technological landscape, iTR2 emerges as a pivotal innovation. This comprehensive guide aims to elucidate the intricacies of iTR2, its significance, and its multifaceted applications. By delving into the specifics of iTR2, we aspire to provide a rich, detailed understanding that will enable you to leverage this technology to its fullest potential. Understanding

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5 CA Services in Delhi: Untangle Your Finances with Taxfiniti

Taxes. The mere mention can induce groans and furrowed brows. But worry not, Delhi residents! Tax season doesn’t have to be a solitary struggle. Here at Taxfiniti, we’re your one-stop shop for all your tax and consultant service needs. We’re a team of experienced Chartered Accountants (CAs) dedicated to demystifying Indian tax law and optimizing

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Ensuring a Smooth ITR Filing Process: The Importance of the Acknowledgement

Having successfully submitted your Indian Income Tax Return (ITR), it’s crucial to secure the acknowledgement receipt. This document serves as official confirmation from the Income Tax Department (ITD) that your ITR has been electronically received. While seemingly a formality, the acknowledgement plays a vital role in ensuring a smooth filing process. Understanding the Acknowledgement’s Significance:

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Income Tax in India Explained: A Detailed Guide for Individuals and Businesses

Understanding Income Tax Income tax is an annual levy by the Indian government on income earned by residents during a financial year (April 1 – March 31). This revenue supports public infrastructure, social programs, and development initiatives. Types of Taxes in India Direct Taxes: Levied directly on income, including income tax and corporate tax. Indirect

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Challenges GST Compliance Process – Why you should hire an experienced GST Consultant?

Navigating the GST Maze: Why Partnering with a GST Consultant is Essential for Success in Delhi Overcoming the Challenges of GST Compliance The Goods and Services Tax (GST) has transformed the Indian tax landscape, but navigating its intricacies can be daunting, especially for businesses operating in the dynamic Delhi region. Here’s where partnering with an

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