Domestic and International Taxation
Taxation A tax is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures. Efficient and effective tax management is the key success to any business, since it helps to reduce costs and stay ahead in today’s competitive era. 1. Domestic Income Tax In a lighter note, if we define Income Tax, it is like the tax which no one is willing to pay. Income Tax is a type of Direct Tax. Direct Tax would mean the tax, the cost of which is to be borne by the entity/person himself. It cannot be passed on to the other person. While in the indirect tax like GST, the burden of the tax will be passed on to the end consumer and therefore, intermediary businessman has nothing to bear it. We provide our expertize services in the matters of Income Tax related to Income Tax Compliance, TDS Compliance, and Tax Planning within the corners of the law. Income Tax co...