Direct-tax
Direct Taxation: Key Insights & Compliance for Businesses and Individuals
Direct taxes are a crucial aspect of financial compliance for businesses and individuals in India. These taxes are levied directly on income, profits, or assets and include Income Tax, Corporate Tax, Minimum Alternate Tax (MAT), and Dividend Distribution Tax (DDT) (where applicable).
Key Aspects of Direct Taxation:
✅ Income Tax – Applicable to individuals, businesses, and other entities based on their earnings. Compliance includes timely filing of returns, tax deductions (TDS), and advance tax payments.
✅ Corporate Tax – Companies operating in India must pay tax on their profits, with varying rates based on turnover and sector. Special provisions apply for startups and certain industries.
✅ Capital Gains Tax – Arises on the sale of assets such as property, stocks, and bonds, classified as short-term or long-term, depending on the holding period.
✅ Tax Planning & Compliance – Effective tax planning helps optimize liabilities while ensuring adherence to regulatory norms, minimizing the risk of penalties or litigation.
Why Choose Expert CA Services for Direct Tax?
- Accurate Tax Filing & Compliance
- Strategic Tax Planning & Advisory
- Handling Notices & Assessments
- Assistance in Tax Audits & Appeals
Stay updated on the latest tax regulations and ensure compliance with professional CA services. Get in touch with us for expert tax solutions!