List of Tax Saving Tax Planning Articles

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

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.

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. But many individuals are clueless about how to file a revised tax return. This blog will help you understand that in detail. What is a Revised Return? […]

Buying a house is one of the biggest financial decisions that you will make in your life. It is an overwhelming experience, both financially and emotionally. While buying a house, we need to identify the property, make down payment, apply for loan, sign the sale agreement, etc.

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.

Filing of nil tax returns is no different for any individual than filing regular income tax returns. You can e-file your returns online in a few simple steps.

The dynamic landscape of the digital era is gradually replacing traditional tax payment methods with superior alternatives. One notable innovation is the e-Pay tax online system. This groundbreaking technology not only streamlines and enhances accessibility in the process for both individuals and businesses, but it also ushers in an age of unprecedented convenience. Benefits of Paying Tax Online Some of the benefits of paying tax […]

The Indian Tax structure is complex, which is difficult for a common man to comprehend. Many times in absence of proper information and lack of awareness individuals neglect their tax formalities altogether.

Income Tax refers to the amount you pay directly to the government which is a percentage of the total income you earn in a financial year.

A frequent question that arises in the mind of homeowners is who can claim tax benefits on a second home loan. As per banking laws, there are no restrictions on the number of home loans a person can take.

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.

Our expenses and requirements vary as we become older. This means our lives enter a new stage after retirement, one in which we have less money but more free time. The government has created certain tax incentives for senior citizens in order to assist them in managing their financial load. So, let’s explore the senior citizen tax slab in detail. The Income Tax Act divides […]

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 […]

A tax return or popularly known as Income Tax Return (ITR) is the information required by the Income Tax Department regarding your annual gross income across different sources, tax liabilities, tax that has been paid and the refunds (in case any: if the tax paid is higher than the tax owed) that the government is supposed to give.

Filing of income tax provides proof for your income as legal and disclosed. It helps you in many ways such as getting refunds, applying for loans, applying for tenders, startup funding etc.