Deepika Mathur

Jul 22, 2024 | newindianexpress.com | Deepika Mathur |Ankit Agarwal |Nandini Jagannath

Taxpayers keenly await the upcoming Union Budget July 23, 2024. Recent years have seen significant changes, notably the implementation of the new tax regime as the default option for taxpayers, introduction of AIS to streamline compliances, and simplified tax return filing. There is a need to spur consumption – measures to alleviate the personal tax burden and to further simplify the personal tax experience can help achieve this objective.

Jun 27, 2024 | economictimes.indiatimes.com | Deepika Mathur

E-verification of tax returns via OTP to foreign numbersUnder Indian tax laws, NRIs are taxable in relation to their income sourced in India for example, capital gains from investments in shares and other securities, dividend income, interest etc. Generally, they are taxable in a manner similar to that of resident taxpayers; however, there are certain scenarios where NRIs end up paying tax under a different rule which may be less beneficial for them.

Jan 30, 2024 | chopnews.com | Deepika Mathur

By Deepika MathurBudget 2024 income tax expectations: Imagine working for a job that pays you less money every year. Will you continue in such a job? The simple answer for most of us will be a resounding “No”. Welcome to inflation 101 – if you earn the same amount year after year, your real earnings have declined as you cannot buy the same basket of goods anymore.