List of Tax Saving Tax Planning Articles

This comprehensive guide explains everything you need to know about ELSS mutual funds, including tax benefits under 80C, lock-in period, risks, and investor suitability.

One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in the e-filing website. Form 26AS is not only an important document but also one of the most authentic records of how much tax has been deposited by your deductor into the government account.

Section 194C of the Income Tax Act covers tax deductions on payments to contractors and subcontractors for work contracts. Learn about Section 194C and the TDS rates.

Everyone wants to save more, and create a financially stable future that covers every expense even without a regular source of income.

Understand the concept of Angel Tax, its impact on startup funding, and how it influences investments from angel investors. Learn more with India Infoline.

Savings play a crucial role in creating a financial cushion in your life. In the absence of a regular income or uncertainty, it provides the necessary means to live comfortably.

Taxes in India consume a considerable portion of your earnings. Without proper tax planning, this compulsory contribution can eat a large bite of your hard-earned money.

In the case of financial planning and tax-saving strategies, the Hindu Undivided Family (HUF) emerges as a powerful asset. Despite being often overlooked or misunderstood, the HUF presents numerous advantages for individuals aiming to streamline tax obligations while simultaneously safeguarding and overseeing family assets. This article will explore the HUF meaning, its operational mechanics, and the compelling reasons why it represents a prudent option for […]

Taxes play a crucial role in a country's economic growth. Know the key differences between direct and indirect taxes, along with their benefits and drawbacks.

The government relies significantly on income tax as a revenue source. Moreover, it obligates taxpayers to fulfil their fiscal duties through timely payments. The process involves challans used for remitting the tax amount to the government. Challans for income tax are categorised based on two factors – payment nature and taxpayer profile. Different Types of Challans Challan 280 Challan 280, a comprehensive platform, serves individual […]

The government collects taxes in the form of income tax, direct taxes and indirect taxes. Direct taxes are paid to the government directly from the individual earning money. On the other hand, indirect taxes are the seller’s responsibility to deposit with the government.

The Indian law requires everyone who earns to pay income tax. The more you earn, the higher the tax. However, in the long term, paying higher taxes is attributed to lesser savings.

India's Foreign Trade Policy also known as Export Import Policy (EXIM) in general, aims at developing export potential, improving export performance, encouraging foreign trade and creating favorable balance of payments position.

This is a common problem when you use the right form but make mistakes in filling up the form or omit important items. However, you don't need to worry as the tax department gives you the option to rectify your error under section 154. The process is quite simple, Just log in to the e-filing portal and under the rectification tab, choose the order/intimation to be rectified and the assessment year.

What is Advance Tax Late Payment Interest? Advance tax is also referred to as the pay-as-you-earn tax system that necessitates taxpayers to remit taxes beforehand in installments on specified dates designated by the tax authorities. Familiarizing oneself with these dates and ensuring timely payments is crucial. Any individual or business liable to pay taxes exceeding Rs.10,000 in a fiscal year must comply with advance tax […]