Everything that you need to know about Public Provident Fund When India introduced the Public Provident Fund (PPF) in 1968, its goal was to raise small contributions for investment...
CAPITAL GAINS TAX One of the most sought-after investments is a residential property, mainly because you get to own a house. Some investors, however, might do so to make...
A BRIEF GUIDE ON INCOME TAX FOR NRIs As everyone knows, the basis of the Indian economy is the taxes that are collected from its residents. For individuals who...
UNDERSTANDING THE INDIAN TAXATION SYSTEM India has had a taxation system in place for many centuries. The money gathered from taxable income is used by the government to further...
WHAT IS TAXABLE INCOME? A COMPREHENSIVE GUIDE Let’s first understand a little about Taxable Income. Earned and unearned income are both considered taxable income. Cancelled debts, government benefits (such...
INCOME TAX SLABS FY 2023-24 AND AY 2024-25 (NEW & OLD REGIME TAX RATES) The previous and new tax systems have various income tax slabs. Additionally, there are three...
BEST WAYS TO SAVE INCOME TAX FOR FY 2024-25 As the well-known proverb states, “A bird in hand is worth 2 in a bush”. One strategy to reduce your...
WHAT’S THE DIFFERENCE BETWEEN TDS AND INCOME TAX RETURN? The phrases income tax return filing and Tax Deducted at Source (TDS) are often misunderstood by taxpayers. Knowing the distinctions...
PROPRIETORSHIP TAX RETURN FILING & IT’S COMPLIANCES In India, filing tax returns is a basic requirement for all firms that operate as sole proprietorships. To maintain compliance with Indian...
COMMON DEDUCTIONS YOU MIGHT BE MISSING ON YOUR TAX RETURN It is recommended that you begin the process of filing income tax returns (ITRs) for the current assessment year...
