Indian Tax
Indian Tax Planning & Compliance Solutions
Navigating the Indian tax system requires a deep understanding of regulations, deductions, and compliance requirements. Whether you are an individual, business, NRI, or foreign entity, effective tax planning can help you optimize your liabilities while ensuring full compliance with Indian tax laws.
For NRIs
Comprehensive tax planning services for foreign individuals and companies navigating Indian tax regulations.
For Foreigners
Specialized tax strategies for non-resident Indians to optimize their tax obligations and benefits.
Income Tax Department Launches Compliance Drive on Undisclosed Foreign Assets & Income: What Taxpayers Must Know (AY 2025-26)
The Income Tax Department has flagged 25,000 taxpayers for possible non-disclosure of foreign assets and income for AY 2025–26. Based on CRS and FATCA data, mismatches were found in Schedule FA and FSI. Taxpayers must file a revised return by 31 December 2025 to avoid heavy penalties under the Black Money Act.
What is Hindu Undivided Family (HUF)
A Hindu Undivided Family (HUF) is a unique way to manage income and reduce tax legally under Indian law. It’s treated as a separate taxable entity and offers several benefits such as income splitting, independent deductions, and capital gains exemptions. Learn how to form an HUF, its members, tax slabs, and ways to save tax for FY 2025-26.
Is Rebate under Section 87A Available to HUF
Many taxpayers wonder if a Hindu Undivided Family (HUF) can claim the income tax rebate under Section 87A. While individuals enjoy this rebate up to ₹7 lakh income, HUFs are not eligible for it. However, HUFs can still claim deductions under Sections 80C, 80D, and others, and plan their income efficiently. Learn how to optimize your HUF’s tax liability with expert insights from Indian Tax Planning.
