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Residential Status as per Income Tax Act, 1961 The residential status of an individual plays a pivotal role in determining the tax liability on their global and Indian income. The Income Tax Act, 1961, clearly defines categories of residential statuses...

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Double Taxation Avoidance Agreements (DTAA) under the Income Tax Act, 1961 Double Taxation Avoidance Agreements (DTAA) play a pivotal role in fostering international trade and investment. These agreements prevent the same income from being taxed in two different countries. India,...

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In Germany, Betriebshaftpflichtversicherung, which translates to "business liability insurance" or "public liability insurance," is an essential form of protection for businesses. It covers claims that arise due to damages to third parties caused by the business or its operations. Here's...

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Obtaining a concession license (Konzession) in Germany is necessary for certain business activities, especially when providing public services. For the restaurant industry, for instance, a "Gaststättenkonzession" is required to serve alcohol. The process can vary based on the type of...

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