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.

Get complete details about Section 80GG of the Income Tax Act in India. Learn about the deductions, exceptions, and see an example for better understanding.

As an earning individual, paying taxes is inevitable. The government uses this amount to pay for the country’s development in various aspects such as healthcare, transportation, defence etc.

Challan is a form that is used to pay taxes to the government. The authorized banks receive the tax paid through a challan before it is deposited with the Income Tax department. Payments made with challans can be done offline at the appropriate bank branches or online through net banking. The main distinctions between Challan No. / ITNS 281 and Challan No. / ITNS 280 […]

There are many basic taxes in India that people should be familiar with. Irrespective of whether you are a big business owner or an employee of a large organization, it is a must for all to have a basic understanding of taxes. One of these basic taxes is known as the Capital Gains tax. In the times of selling your properties for shares, the most […]

As you may be aware, taxes are a vital component of any economy and have a big impact on a nation’s progress and development. This also applies to corporate tax, which is why it is so important for both individuals and business owners to understand how it operates in India. So, let’s discuss this corporate tax meaning in detail. What is Corporate Tax in India? […]

A tax refund and a tax return are the most commonly used terms of a tax system. While the taxes could be either the ones paid directly by the taxpayers such as Income tax or the indirect ones such as GST (Goods and Services Tax).

The COVID-19 pandemic has made it abundantly clear that medical expenses are heavy and always on the rise.

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!

Learn how to compute TDS on salary by following this comprehensive guide. To find out the precise Tax Deducted at Source (TDS) for your wage, familiarize yourself with the income tax slab rates, exemptions, and deductions.

Discover legal ways to reduce tax liability on investment gains in India. Learn strategies and more in this guide.