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.
Everyone wants to save more, and create a financially stable future that covers every expense even without a regular source of income.
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.
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? […]
Learn why tax planning is crucial for long-term investments. This guide explores tax-efficient strategies that can optimize returns and reduce liabilities over time.
Tax contributions in India are fueled by salaried employees. From the data available, salaried employees, on average, pay three times more taxes than individual business taxpayers. Paying taxes on
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.
Are you a resident Indian with a gross taxable income exceeding Rs250,00 yearly? Or do you own any movable or non-movable assets in this country? If yes, then you need to file your Income Tax Returns (or ITR) every year.
At the end of the financial year, every earning individual has one thing on their mind: income tax filing.
The SCSS has emerged as a veritable source of savings for senior citizens and here are some of the highlights of the SCSS scheme. Rate of interest on SCSS is currently at 8.6% and is reset every quarter after a review by the Finance Ministry. The SCSS interest rate has been, on an average, 60-100 bps above the bank FD rate.
Learn why tax planning is crucial for long-term investments. This guide explores tax-efficient strategies that can optimize returns and reduce liabilities over time.
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.
The revenue stream to the Indian government that helps maintain various aspects of the country is through the taxes paid by the citizens.
Retirement: the twilight years of your life. Whether your retirement will be peaceful or not, depends on the bank balance you have managed to accumulate through your working life.
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.
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