List of Tax Saving Tax Planning Articles

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.

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.

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.

Patta Chitta is a land ownership record kept by the Tamil Nadu government. Learn more about Patta Chitta and its importance in this quick guide by India Infoline.

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.

The importance of tax planning is often undermined. This stems from either a lack of information, ignorance, discipline or even the dearth of time. It's time though to turn that around and have a look at why tax planning is so important.

Finance Bill is presented usually in the last week of February every year and this bill contains amendments in direct as well as indirect taxes. It is usually presented in the Parliament by the Finance Minister.

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.

Income tax paid by citizens constitutes a major chunk of the government’s revenue. It is imperative to pay taxes for the smooth functioning of the economy. Often a tedious expense, taxation also has perks to it.

The essential goal of earning money is eventually to let your money make more money! While there are numerous ways of multiplying one’s wealth, the traditional method that everyone turns to is the Stock Market! The equal-risk equal-gain opportunity stock trading markets offer, reels in investors from all corners.

At the end of the financial year, every earning individual has one thing on their mind: income tax filing.

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.

Taxpayers, facing time constraints, may initially file inaccurate or incomplete income tax returns. To address this, the Income Tax Act’s section 139(5) permits the filing of revised returns, enabling corrections and the inclusion of omitted information for accuracy. What is a Revised Return? The Income Tax Act, 1961, Section 139(5) permits taxpayers to present a revised return. This provision empowers them in rectifying errors or […]

What’s one popular investment avenue for achieving financial goals? It’s none other than mutual funds. One of their main advantages is their tax efficiency. But investors who overlook the tax implications may not be making the most of their investments. Jump into this informative guide to explore details about tax on mutual funds. Understanding How They are Taxed So, is mutual fund income taxable? Like […]