List of Tax Saving Tax Planning Articles

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.

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.

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.

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.

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.

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.

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 […]

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.

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.

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

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.

Paying taxes is an inevitable part of being a working-class citizen or entrepreneur/business owner.

According to the Indian Stamp Act, 1899, the Central Government levies stamp duty on the exchange of instruments, where an instrument is defined as any document by which any right or liability is created, or is purported to be created, transferred, limited, extended, extinguished or recorded.

Minimum support price (MSP) for agricultural produce. Fresh talks have begun over the governments move of hiking the MSP to 50% over production cost and whether it will benefit farmers. Let us look at whether the move makes sense given that it has always been one of the major demands in all of the farmer movements in the country.

Learn about the 5 heads of income tax: income from salary, house property, business profits, capital gains, and other sources. Find out what you need to know!