Understanding Tax Compliance for Tenants with Non-Resident Indian Landlords Navigating the intricacies of tax compliance can be daunting, especially when renting from a non-resident Indian (NRI) landlord. Ensuring adherence to the regulations not only safeguards your interests but also fosters a transparent financial environment. Below, we outline critical steps to achieving compliance, enhanced by insights into current trends and practical strategies. Key Tax Regulations for Tenants Tax Deduction at Source (TDS) NRI Landlords: Deduct 31.2% […]

Navigating the Complexities of Regulatory Compliance: Insights from Zerodha’s Founders At Estabizz Fintech Private Limited, we understand the intricate challenges businesses face in financial compliance and expansion. Recent insights from Nithin and Nikhil Kamath, co-founders of Zerodha, highlight crucial points for startups navigating regulatory landscapes. Their perspective offers valuable lessons for businesses aiming to innovate while complying with regulations. Collaboration for Innovation Key Takeaways: Urgency for Collaboration: Nithin and Nikhil Kamath emphasize the necessity of […]

Understanding Income Tax Exemption on Early Redemption of Sovereign Gold Bonds (SGBs) Investing in Sovereign Gold Bonds (SGBs) presents an advantageous opportunity, integrating not just the potential for capital appreciation but also yielding an annual interest of 2.50% on the issue price of the bonds. This streamlined investment vehicle, though designed with an eight-year tenure, is uniquely flexible. The Reserve Bank of India (RBI) allows for early redemption post the completion of five years, precisely […]

Insights on Starting a Semiconductor Company in Bihar: A CEO’s Perspective In this insightful piece, we delve into the experiences of Chandan Raj, Founder and CEO of Suresh Chips and Semiconductor Pvt. Ltd., and his challenges in setting up a semiconductor company in Bihar. His reflections offer valuable lessons for aspiring entrepreneurs and business owners. Chandan Raj’s Declaration on Platform X Chandan Raj recently shared his candid thoughts on Platform X, stating: “Worst decision of […]

Delhi Government’s Plan to Curb Traffic with Congestion Tax In an effort to tackle road congestion during peak hours, the Delhi government is planning to roll out a congestion tax, as reported by ETAuto. This initiative aims to regulate traffic flow by charging drivers who use designated roads during busy times. Congestion Pricing Strategy Objective: Reduce peak hour traffic and improve transportation management. Approach: Introduce congestion pricing where drivers pay a fee to access certain […]