Archive | Advance Tax

Getting ESOPS as salary package? Know the tax treatment

Start-ups jobs are fairly common in India and have given ESOPs immense popularity. Several large American organisations with employees in India also offer ESOPs. Let’s understand how ESOPs are taxed. Before we begin to understand taxation of ESOPs, here are some key terms ESOP – or Employee Stock Option Plan allows an employee to own […]

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Budget 2016 allows Professionals to claim presumptive taxation benefits

While the budget side tracked important issues of GST & reduction of corporate tax rates, it had lots in store for small businesses. Gross Receipts limit raised to Rs 2 crores for small businesses for presumptive taxation – If you are a small business, you can take advantage of presumptive taxation. Presumptive taxation means you […]

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