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Form 26AS is a crucial document for all taxpayers, including freelancers, as it contains a comprehensive summary of the tax deductions...

Have you considered the best business structure for your new venture? For many entrepreneurs in India, a partnership firm offers a...

Understanding Tax Collected at Source (TCS): The Basics Planning a high-value purchase or an overseas trip? You might encounter Tax...

What is Section 194J of the Income Tax Act, 1961? Understanding Tax Deducted at Source (TDS) is very important for businesses and...

Section 80G of the Income Tax Act provides taxpayers with an opportunity to reduce their taxable income by claiming deductions for...

Tax planning is a crucial aspect of personal finance, and making the most of available tax deductions is one of the most effective ways...

Section 80E of the Income Tax Act provides taxpayers with the opportunity to claim deductions on interest paid on loans taken for higher...

The Income Tax Act of India allows taxpayers to choose between two tax regimes—the old tax regime, which offers various exemptions and...

Section 80C of the Income Tax Act provides one of the most popular tax-saving opportunities for taxpayers in India. It allows...

Section 80D of the Income Tax Act offers deductions for premiums paid for health insurance policies for individuals, their families, and...