CA Bhavesh Panpaliya

Hey there! If you are an NRI who recently packed up your laptop to spend a few months working from your childhood bedroom in Pune or Bengaluru, you are definitely not alone. It sounds like the perfect setup. You get to eat home cooked food, hang out with your parents, and keep earning your salary in dollars or dirhams. But before you get too comfortable, we need to chat about a quiet little party pooper: the Indian tax department. A lot of people think that if their boss is in New York or...

Are You a Futures & Options Trader? Here's What You Need to Know About Taxes If you're trading in Futures and Options (F&O) in India, understanding the tax implications is critical. Unlike stock investing, F&O trading is treated as a business activity for tax purposes - not capital gains. This means your profits are taxed at your normal income slab rates, and losses can be carried forward for up to 8 years. How F&O Trading Income Is Classified Under the Income Tax Act Key Classification:...

Choosing the right business structure is one of the most critical decisions every entrepreneur faces. It affects your liability, tax burden, compliance workload, credibility with banks, and even your ability to scale in the future. Yet, many entrepreneurs in India get confused between two popular options: the Limited Liability Partnership (LLP) and the traditional Partnership Firm. Both structures allow multiple people to run a business together, but they differ significantly in legal...