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A Tryst with Foreign Tax Credit
There are a few practical difficulties when it comes to actually claiming FTC. We would love to make a definitive guide dealing with such..

Galactic Advisors


A sea of changes for ITR filing this year
The CBDT has notified tax return forms for tax year 2019-20 and has also amended Rule 12 with respect to the applicability of the ITR forms.

Galactic Advisors


Reliance’s Chakravyuh: An All-Out Business War on Multiple Fronts
How Reliance Industries is slowly threatening Amazon’s (and a whole range of other firms’) future in India.

Galactic Advisors


Coffee Can Portfolio - Week 10
Week 10 and we're already up 4.5%!

Galactic Advisors


Taxation of Dividends received after April 1 2020
India has now introduced the system of taxing dividends in the hands of the shareholders. It will be effective from FY 20-21

Galactic Advisors


The Curious Case of how the Taxman caught the Tiger
AAR, unfortunately, disagreed. The AAR essentially said that all your holding companies and funds are a sham. If we look at where...

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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...

Galactic Advisors
Feb 10, 20232 min read
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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...

Galactic Advisors
Jan 23, 20232 min read
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