Tax filing season is on and everyone is finding out the ways to e filing income tax and fulfill their tax obligations. It is a good move that income tax officials come up with the efiling income tax option so that you can do the e filing income tax very easily. By this way, the […]
How to save tax on your interest income
We try to save a lot when it comes to monetary funding. We all know how much money is important for us all to have a better tomorrow. Most of us believe that by saving little by little every day might help us someday in the future. Opinions like these may seem feasible, but if […]
Income Tax Return: How to File Your ITR Online?
Closure of this financial year is around the corner, you can file your Income Tax Return online by yourself or by seeking help from a tax consultant. Income Tax Return file has become easier with the provision of filing it online. The government of India has introduced the online website to e-file your income tax […]
Practical Guide to Advance Tax Calculation & Payment
We have touched upon a lot of topics regarding tax, income tax returns, online income tax return, tax on insurance and benefits of the tax. One thing to be noted from all this is that filing your tax returns is not an easy job, but if done right can help recover a lot of money […]
Advance Tax: 5 Smart Things You Should Know About Advance Tax
Before getting into the meat of it all, it is very important to know the meaning of advance tax. As the very name suggests, advance tax is the paying of the taxes before the end of the current financial year. It is also called ‘pay-as-you-earn’. Technically put, advance tax is the amount of income tax […]
How To Solve E- Filing Income Tax Problem Online?
The common most problem one faces while e-filing income tax is the absence of an instructor/officer who can give advice on which files one should download and where from. This is a very complicated situation, especially for people who are trying to pay income tax for the first time. In India, you need to visit […]
Income Tax E-Filing Process For Salaried Individuals
In India, we pay two types of taxes to the government: Direct tax – it is deducted from the salary/income you earn and hence, is also known as income tax. Indirect Tax – Also known as Service Tax or Value Added Tax (VAT), which is charged by restaurants/theatres & e-commerce websites on services & goods, […]
How to Link Your Aadhar and Pan Number for E-filing Income Tax Returns?
How to Link Aadhaar card to PAN? Income Tax Department has issued a notification, which stated that income tax filing can be done without linking Aadhaar and PAN until August 5, 2017. The deadline to link Aadhaar and PAN was August 31, 2017. Before that, IT e filing could be done without linking, but the […]
Common Mistakes to Avoid What Not To Do When E-Filing Your Income Tax Return
The tax filing has to be done by everyone. The ITR filing process has made easy and hassle-free by the government, thanks to the introduction of, income tax efile or e file taxes. It is time-saving and enables taxpayers to compute exemptions or/and claim refunds. Still, people make mistakes in the process of e file […]
How Good Is Reliance Tax Saver Fund?
To put it lucidly, the primary objective of the Reliance Tax Saver fund is to help people save up on income tax plus a little more. Launched in 2005, this scheme is suitable for both the self-employed and employed professionals. Being a mutual fund scheme, it is obvious that market would have an influence over […]