There are two main types of NRI savings accounts.
IT Department will recruit young people under a newly introduced young professional scheme, 2023.
Under Section 44AD, individuals adopting the presumptive taxation scheme can declare a deemed minimum income.
TDS is applicable only when the payment exceeds a certain amount, whereas TCS is applicable to sales of designated goods.
Anyone whose estimated tax liability for the year is ₹10,000 or more is obligated to pay their taxes in advance.