4 Tasks To Complete Before The End Of The Financial Year
Here are a few things you may have pending as FY 21-22 ends. Read on to ensure that you wrap things up and start FY 22-23 on a good note!
Category Archives: Tax
High-Value Cash Transactions That Could Trigger Income Tax Scrutiny
Large cash transactions, particularly those exceeding specified thresholds, can attract attention from the Income Tax Department. While these regulations are designed to uphold the integrity of the financial system and prevent illicit activities, they are not intended to discourage legitimate transactions. Understanding which transactions might draw scrutiny can help taxpayers avoid unnecessary notices or penalties.
Union Budget FY-25: Taxation Updates You Need to Know
With slight enhancements in the standard deduction, new tax regime slabs, and the hike in the tax-free LTCG, your tax-free income is marginally higher. However, that comes with a higher tax rate on LTCG and STCG, which could significantly impact your your earnings from capital gains. Here’s what you need to know.
All About Filing Nil Income Tax Returns
Amidst tax filing season, understanding the necessity of filing a NIL income tax return can save you from potential hassles and bring financial benefits. This guide covers all you need to know about NIL ITRs, from eligibility to filing procedures.
Crack The Code to Financial Freedom: NPS and PPF Demystified!
Financial freedom requires planning and patience. This is the first piece of a series of posts on exploring various investment avenues.
Quick Read: What Happens If You Fail to File ITR On Time
If you missed the July 31st deadline for income tax return filing, here’s what you need to know. Long story short – you snooze, you lose.
5 Benefits Of Filing Income Tax Returns
It’s income tax filing season. If you’re planning to give it a miss, here are 5 benefits of filing income tax returns that should help you change your mind.
Why You Shouldn’t File Income Tax Returns Earlier Than June 1st
Always file your ITR promptly? Looking to file your ITR before June? Hold your horses. Here’s why you shouldn’t.
4 Ways To Invest Your Tax Refund
Got a big tax refund? Here’s how you can use it to grow your wealth and multiply your income.
Why You Should Review Your Home Loan Periodically
A Home Loan is a long-term commitment of at least 15-20 years. This is why it’s crucial that you review your Home Loan from time to time.
Union Budget 2021: Highlights
Missed out on the budget? Catch up on all the highlights and what they mean for you here.