#india-tax
What is DTAA? How Indian taxpayers can avoid paying tax twice on foreign income
A Double Taxation Avoidance Agreement (DTAA) is a bilateral tax treaty signed between India and another country. Its purpose is to define how different types of income earned across borders will be taxed and to provide relief where the same income may otherwi…
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS tax benefits
The "Nature of Employment" field in the ITR is more than a routine disclosure. An incorrect selection can affect certain tax benefits, including exemptions on gratuity, commuted pension and leave encashment, as well as deductions for employer contributions to…