Any individual earning above ₹2.5 lakh annually, businesses, and NRIs with Indian income.

PAN card, Form 16 (for salaried), bank statements, and investment proofs.

Filing ITR helps in getting tax refunds, applying for loans, visa approvals, and
avoiding scrutiny from the IT department.

These forms are required for foreign remittances. Form 15CA is filed by the remitter,
and Form 15CB is issued by a Chartered Accountant to verify tax compliance.

Anyone making a foreign remittance (business payments, investments, etc.) needs to
submit Form 15CA online.

Failure to file these forms may result in penalties and delays in foreign remittances.

If all documents are correct, it can be issued within 24-48 hours by a Chartered
Accountant.

NRIs are taxed only on income earned or received in India. Foreign income is not
taxable unless brought into India.

Yes! DTAA helps NRIs avoid double taxation and claim tax credits in both
countries.

By investing in tax-saving instruments, claiming DTAA benefits, and filing timely
ITRs.

Yes! NRIs, foreign investors, and companies operating in India need a PAN for
financial transactions.

By filing an ITR, you can claim a refund of TDS deducted in excess.

Yes! If a freelancer’s income exceeds ₹30,000 from a single client, TDS @ 10% applies.

By deducting TDS on time, filing quarterly TDS returns (Form 26Q, 24Q, etc.), and
issuing Form 16/16A to employees and vendors.