Misc
Rohit Pithisaria

Changes in UAE Tax Law: New Corporate Tax Rules for 2024

In 2024, the UAE made significant changes to its corporate tax landscape, ushering in a new era of taxation for businesses operating in the region. Known for its business-friendly environment, the UAE has long offered attractive incentives to local and international companies. However, with the introduction of a corporate tax

Read More »
Accounting/Taxation Softwares
Rohit Pithisaria

6 Best Accounting Softwares in India (Updated 2024 List)

A number of business accounting software are available in market these days but quite few of them satisfies the customer’s needs in an easy way. A number of software has emerged in the past few years which makes the competition tough for market leaders like Tally. Businesses starts preferring online

Read More »

What is a Proforma Invoice? Format and Status under GST

What is a Proforma Invoice? A Proforma Invoice is a document similar to an invoice regarding the particulars of the goods/services yet to be delivered to the customer. It states the prices and quantity of the goods/services, taxes applicable, and details of other charges like delivery charges. “Pro forma” is

Read More »
Everything about PPF and its Tax Benefits
Investment
Rohit Pithisaria

Everything about PPF and its Tax Benefits

What is PPF (Public Provident Fund)? PPF stands for Public Provident Fund which is backed by Indian Government. It is the most common investment for a number of decades. Its features like guaranteed return, tax exemption under section 80C as well as tax free interest under section 10(11) makes it

Read More »
NSC National Saving Certificate
Investment
Rohit Pithisaria

NSC – National Saving Certificate

National Saving Certificate, commonly known as NSC, is saving bonds issued by Indian Government to individuals only. It is primarily focused on small savings. Also, the amount invested in NSC, can be claimed as tax deduction investment u/s 80C of Income Tax Act, 1961 subject to limit specified. Features of

Read More »
Filing Income Tax Return (ITR) for Seafarer
Seafarer
Rohit Pithisaria

Filing Income Tax Return (ITR) for Seafarer

As per Section 139(1)(b), every individual, if his total income exceeds the maximum amount which is not chargeable to income tax shall file his return before giving any benefits of any deduction under Chapter VI-A (like LIC, medical premium, school fees etc. provided under section 80) shall furnish his return

Read More »
How to Use Fundamental Analysis in Forex Trading
Misc
Rohit Pithisaria

How to Use Fundamental Analysis in Forex Trading

Traders in the foreign exchange market implement the same two types of analysis as stock market investors do: fundamental and technical analysis. The applications of technical analysis in Forex are similar: the price is considered to reflect all news, and the charts are the focus of the study. But, unlike

Read More »
Residential Status for Seafarers Flowchart
Seafarer
Rohit Pithisaria

Residential Status for Seafarers (Merchant Navy)

A seafarer salary is tax free in India if he is out of India for 184 days or more (185 days in case of a leap year) during a financial year. Check your residential status from our NRE Days Calculator for Seafarer. Residential status is the most important concept for

Read More »

About TaxAdda

TaxAdda, as the name suggests, it’s an adda for all the tax needs of small and medium businesses. I  started TaxAdda as a blog in 2011. After a couple of years and with a lot of user engagement, started selling services to customers all over India.

Currently, our team size is 6, and all of them are working remotely. We closed our office and shifted to a work-from-home concept after the COVID lockdown.

We have served more than 1,000 customers till now and have a customer base of around 75 regular customers all over India for various services that fall under GST, Income Tax, Accounting, etc.