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.

Many people are amateurs in the whole gamut of calculating income tax, paying taxes, filing returns, tax saving, etc.

When you most need it, health insurance covers unanticipated medical expenses and hospital fees. Getting health insurance is one of the finest strategies to get through these kinds of financial difficulties. In India, the majority of individuals do not have health insurance; therefore, in times of need, they must borrow money or rely on their own savings. The government implemented Section 80D tax advantages on […]

It is essential to know of the reliefs the Income Tax laws grant to assessees under the scanner to reduce the damages caused by such operations.

You may have rummaged Google in an attempt to find the right answer, all for nought. The amount of income tax to be paid depends solely on how much you earn and your total taxable income.

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.

An advance tax meaning is pay-as-you-earn plan, is simply paying tax obligations ahead of time at the end of a fiscal year. It is due when a person’s tax liability in a given fiscal year reaches Rs. 10,000. Notably, this type of tax is paid in the year that the revenue is created and is paid in instalments on due dates. Since it makes it […]

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

The tax structure in India is a three-tier which includes the Central Government, State Governments and Local Authorities.

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.

Challan is a term used for a measure by which you need to pay taxes to the government. A tax that is paid through a Challan is initially deposited with the authorised banks, and later on, it is deposited with the income tax department. Paying through a challan is possible both online via net banking and offline by challan submission at designated bank branches. The […]