When businesses or individuals transfer money abroad, they are doing more than sending money out of India. Tax authorities are on guard to see that the correct amount of taxes is collected and that no money is transferred without obeying the law in this context, two forms are particularly important: Form 15CA and Form 15CB. To…
Completing and filing the 15CA form can be confusing and time-consuming, especially for those without expertise in tax matters. But with the help of a tax consultant, you can make the process much more manageable and straightforward. Filing the 15CA form is essential to pay a foreign entity, as it ensures that the payment complies…
A huge portion of economy is dependent on import and export businesses. For making payments outside India compliances of certain governmental authorities like RBI, FEMA, Income Tax Department etc need to be ensured.One of such compliance of is submitting the form 15CA and 15CB. As per the revised rules relating to preparation & submission of…
