Tax-Saving Strategies for Retirement Planning Retirement is supposed to be the golden period of your life where you can kick back and finally relax, but to be able to...
Residential Status for Income Tax – Individuals & Residents The residential status of taxpayers is crucial for the income tax department because the amount of tax to be paid...
Income from Salary: How to Calculate Income Tax on Salary (FY 2023–24) Paying your income tax can be quite a confusing process. Terms like tax bracket, tax return, and...
Income Tax Returns – Know about Which ITR You Should File? Filing Income Tax Returns (ITR) is an essential aspect of financial responsibility for individuals and businesses alike. However,...
What is Form 16? Is it necessary to file an income tax return? Form 16 is one of the most essential tax forms for salaried employees. It streamlines the...
Complete Guide on Income Tax Returns Filing Income Tax Returns is an important annual exercise for individuals and businesses to comply with their tax obligations. The ITR involves reporting...
Difference between Bookkeeping and Accounting Every business needs to have a bookkeeping and accounting process to prepare the financial records at the end of a year/quarter. In addition, bookkeeping...
Income Tax Deductions List Income tax department with a view to encourage savings and investments amongst the taxpayers have provided various Income Tax deductions from the taxable income under...
Procedure to file ITR Under a number of circumstances, ITR filing is required by the Income-tax Act, of 1961. Even without the necessary income, there could be several other...
Everything you need to know about GST What is GST? India levies a tax known as Goods and Services Tax (GST) on the provision of some goods and services....
