Blogs

" Tax season in India can be a daunting time for individuals and businesses alike.  Navigating complex regulations, deadlines, and filing procedures can feel overwhelming.  However, ensuring income tax compliance is crucial not just for avoiding penalties but also for contributing to the nation'... "

" Tax Time Got You Confused? Understanding MSME Payments & Deductions Made Easy. Ever wonder how timing your payments can impact your taxes?  This is especially important when dealing with Micro, Small, and Medium Enterprises (MSMEs). Traditionally, the Income Tax Act allowed businesses to clai... "

" Did you know your business can contribute to social good while saving on taxes?  Section 35AC of the Income Tax Act, of 1961, offers a unique opportunity for corporate as well as other non-corporate donors businesses to claim tax deductions for donations made to approved organizations. This blog... "

" Time to Save! Smart Tax Planning Tips for Salaried Employees in 2024. March 31st, 2024, is fast approaching – the deadline for filing your income tax return in India! But before that, there's a golden opportunity to maximize your take-home pay through smart tax planning. Wondering how? L... "

" Managing the intricacies of Indian tax regulations can be a significant challenge for Non-Resident Indians (NRIs). Juggling financial responsibilities across borders and adhering to changing tax laws requires a clear understanding of your NRI tax status and obligations. PKPConsult, your trusted p... "

" Income Tax Compliance in India, or the act of paying taxes as required by the Income Tax Act of 1961, is a crucial component of the Indian taxation system. Maintaining financial openness, increasing national revenue, and avoiding legal repercussions all depend on compliance with income tax legislati... "