It is the responsibility of every Indian citizen to pay income tax and file income tax returns in India. It … Read more
In order to create a “Digital India,” the Indian Government has been working day in and day out over the … Read more
Section 80DDB offers deduction to HUFs and individuals for medical expenses incurred for proper treatment of specified ailments or diseases, … Read more
Tax saving on contributions to pension funds refers to the benefits provided by the government to encourage individuals to save … Read more
TDS stands for Tax Deducted at Source, and it’s a simple and efficient way of collecting income tax in India. … Read more
In order to replace the previous sales tax, VAT was initially adopted in India in 2005. It was put into … Read more
Understanding Income Tax regulations and practices, calculating tax obligations, and paying taxes accordingly have always been seen as challenging and … Read more
The Goods and Services Tax (GST) is a comprehensive indirect tax system in India that came into effect on July … Read more
If you miss out on paying your income tax refund timely, you might face penalties and may receive a notice … Read more
The income tax return is a document you use to reveal your income, applicable tax on your income, tax exemptions, … Read more