Every year during tax season, many Indian taxpayers look for quick ways to reduce their income tax. Unfortunately, this is also the time when fake rent receipts, false insurance proofs, and incorrect deductions start circulating. What many people don’t realise is that you can save income tax legally in India without fake deductions—and often save … Read more
When people start preparing their income tax returns, two terms often create confusion: Difference Between Gross Total Income and Taxable Income. They sound similar — but they are not the same. Understanding the difference can help you: avoid costly mistakes plan investments better choose between the old and new tax regimes wisely reduce your overall … Read more
Income tax plays a vital role in the economic development of India. Every earning individual, professional, or business entity is required to understand income tax rules and comply with them on time. With digital transformation, the government introduced the income tax e filing portal to make tax filing easier, faster, and more transparent for taxpayers … Read more
Filing income tax returns is a responsibility that every earning individual in India must take seriously. While the online filing process has become easier over the years, many taxpayers still make common mistakes that lead to unnecessary tax payments, penalties, income tax notices, or delayed refunds. These mistakes may look small at first, but over … Read more