Filing income tax returns is an essential duty for individuals and entities to comply with tax regulations. Here’s a brief overview of the income tax… Read More »How To File ITR Online – Step By Step Guide To Efile Income Tax Return for FY 2023-24 (AY 2024-25)
What is House Rent Allowance (HRA) House Rent Allowance (HRA) is an allowance provided by employers to employees to cover the cost of rented accommodation.… Read More »House Rent Allowance (HRA): HRA Exemptions & Tax Deductions
What is Section 115BAC – New Income Tax Regime? Section 115BAC, introduced in the Union Budget 2020, offers individual taxpayers the option to choose between… Read More »Section 115BAC of Income Tax Act: New Tax Regime Deductions Allowed
Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation… Read More »Startup India: Eligibility, Tax Exemptions and Incentives
What is a Return of Income? ITR stands for Income Tax Return. It is a prescribed form through which the particulars of income earned by… Read More »Benefits of Filing Income Tax Return (ITR)
The dictionary meaning of the term “audit” is check, review, inspection, etc. There are various types of audits prescribed under different laws like company law… Read More »Income Tax Audit Under Section 44AB of the Income Tax Act
Good financial habits are essential behaviors and practices that contribute to successful financial planning. They are the cornerstone of building a stable financial future and… Read More »9 Good Financial Habits of Successful Financial Planning
Section 285BA of the Income Tax requires specified reporting persons to furnish statement of specified financial transaction (SFT). Rule 114E of the Income Tax Rules,… Read More »What is Form 61A? – Statement of Specified Financial Transactions (SFT)
Financial mistakes can have a significant impact on your overall financial well-being. It’s common to make mistakes in your 20s and 30s, especially financial ones.… Read More »Most Common Financial Mistakes To Avoid In Yours 20s and 30s
About Financial Decisions Financial decision-making is a critical aspect of both personal and business finance. It involves a strategic process of evaluating financial data and… Read More »Tips To Make Big Financial Decisions