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.
Discover legal ways to reduce tax liability on investment gains in India. Learn strategies and more in this guide.
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 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 […]
The COVID-19 pandemic has made it abundantly clear that medical expenses are heavy and always on the rise.
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.
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 […]
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!
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 […]
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).
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.
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