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Wait. I have to pay tax on Cashbacks?
While you may never have imagined that cashbacks on your credit card and other mobile wallets may have a tax implication, it's our job..
Galactic Advisors
Galactic Newsletter (29 May 2020) - Month-end Special
This one is our special month-end Newsletter. Our newsletter gives the latest in tax, stocks, securities and FEMA in India.
Galactic Advisors
Refunds can be credited only to Pre-Validated Bank accounts. Make sure your account is Pre-validated
This year, the Income Tax Department has made it mandatory for you to pre-validate your bank account. Refund will be deposited only...
Galactic Advisors
National Pension Scheme - India's 401K solution
National Pension Scheme (NPS) is one of the most underrated investment instruments available in India and is ignored by most people.
Galactic Advisors
Are Negative Interest Rates on our Way?
Imagine a world where banks actually pay you for taking loans and charge you for saving it.
Galactic Advisors
Give a f**k about your Instagram.. Tax!
Payments received for sponsored posts and Youtube ad revenue are considered income from profession. This income is taxable at slab rates
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Galactic Advisors
Feb 10, 20232 min read
Your Foreign remittances may get costlier!
The Government has introduced a proposal in the recently announced Union Budget increasing the rate of Tax Collected at Source (TCS) on...
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Galactic Advisors
Jan 23, 20232 min read
Raising funds for your startup? Let the taxation be our headache!
India has seen a boost in the funding raised by budding entrepreneurs for their startups. As per a study conducted, Indian startups have...
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