Simplify income tax filing with expert tips. Maximize refunds, understand deductions, and stay compliant with our resources.
Tax-loss harvesting is a strategic approach investors use to minimise their tax liabilities by selling securities that have experienced a loss. This practice is precious in offsetting capital gains taxes and enhancing overall investment …
In India, the government made provisions to help people and families facing the challenges of disabilities. Section 80DD of the Income Tax Act is one such provision that offers financial relief to taxpayers who …
Given the unpredictability of life, having good health is invaluable, and securing it through health insurance is a sensible financial decision. The government prioritises your health protection and offers financial incentives through Section 80D …
Knowing the different sections of the Income Tax Act to handle your money well and pay less in taxes is essential. One such section that plays a pivotal role in your tax planning strategy …
Getting ready for retirement is essential for future safety. The government in India is keen on people saving for their future and offers tax breaks through different parts of the Income Tax Act to …
Saving taxes is an important aspect of financial planning for individuals. Under 80C deductions, taxpayers can avail themselves of various investment options that offer deductions up to Rs. 1.5 lakh from their taxable income. …
Unlock the potential for maximum tax savings with these top 20 income tax deductions. Explore a wide range of deductions available per the Income Tax Act to reduce your taxable income and maximise tax …
On 30th June 2023, the government released a circular to remove a difficulty in implementing the changes in Tax Collection at Source (TCS) on the Liberalised Remittance Scheme (LRS) and the purchase of overseas …
Filing income tax returns can be intricate, and even a slight error can have adverse financial and legal implications. In order to ensure a smooth and precise filing process, it is critical to be …
Filing income tax returns on time offers several benefits to individuals. Compliance with tax regulations not only grants financial advantages but also instils peace of mind. This blog explores the various benefits of timely …