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Who should file ITR for the financial year 2025-26 and assessment year 2026-27 is an important question for Indian taxpayers. An Income Tax Return (ITR) is used to report your income, tax liability, deductions, and taxes paid to the Income Tax Department, making it an essential part of tax compliance. A taxpayer must file an ITR if their taxable income is more than the basic exemption limit. However, filing may also be mandatory in several specified situations even when incom

Are you unknowingly overpaying the government simply because you don’t know how to track your business expenses? If you are a freelancer, a digital consultant, or a small business owner, understanding the complex framework of tax deductions for self-employed assessees is fundamental. It is more than a compliance requirement. Claiming eligible deductions can significantly reduce your taxable income and help you retain more of your earnings. For self-employed individuals and bu

Owning multiple houses is a common financial milestone for many families in India. However, many property owners are unaware that a vacant house can still attract income tax, even if it has never been rented out and has not generated any actual income. If you own more than two residential properties, the Income Tax Department may treat the additional property as a deemed let-out property and calculate tax based on its expected rental value. As a result, you could face a tax l

Paying taxes is a legal obligation, but the Income Tax Act also offers several provisions that help taxpayers reduce their tax liability through eligible investments and expenses. Among these, Section 80C remains one of the most widely used tax-saving provisions for individuals and Hindu Undivided Families (HUFs). Section 80C encourages taxpayers to invest in long-term savings instruments while providing tax benefits of up to ₹1.5 lakh in a financial year under the old tax re

Understand what income tax is, how it is calculated, the different heads of income, applicable tax slabs, available tax regimes, filing requirements, and key compliance rules that every taxpayer should know. Every earning individual in the country contributes a portion of their earnings to the government to help fund public infrastructure, national security, and social welfare programmes. This direct contribution is what we call income tax, and it plays a vital role in nation

Filing an Income Tax Return (ITR) is one of the most important financial responsibilities for every taxpayer. An ITR is a declaration of your income earned during a financial year, the taxes already paid, deductions claimed, and the balance tax payable or refund due. With the Income Tax Department's e-Filing portal, filing an ITR has become much simpler. Most taxpayers can complete the process online without visiting any tax office. However, selecting the correct ITR form, re

Embedded finance is expanding beyond payments, lending, and investments. Banks, fintechs, wealth platforms, and HRMS providers are increasingly adding services that help users manage more of their financial lives within one ecosystem. Embedded ITR filing is a natural extension of this shift. It allows users to move from financial data to tax compliance without leaving the platform they already trust. However, integration alone does not guarantee adoption. Users still need to

In today's rapidly evolving financial landscape, fintech apps are under increasing pressure to offer comprehensive, seamless services that combine convenience with regulatory compliance. There are over 14,500 fintechs in the country, making India among the top fintech ecosystems globally. Apart from digital lending and wealthtech, embedded finance and Regtech are the emerging high-growth segments within this domain, as per a report published by KPMG in India. The fintech mar

Embedding ITR filing and tax planning can help digital platforms improve user engagement, retention, and overall customer value. However, successful adoption requires more than just API integration. Users must be made aware of the service, guided through the filing journey, and supported even after submission. This is where TaxBuddy’s partnership model goes beyond technology. From secure white-label integration and automated tax workflows to co-branded marketing, user communi

Embedded financial services have evolved far beyond payments, lending, and insurance. Today, banks, fintechs, payroll platforms, HRMS providers, brokerages, and wealth management platforms are increasingly embedding value-added financial services that strengthen customer relationships and improve engagement. Among these, embedded Income Tax Return (ITR) filing has emerged as a key offering, allowing users to complete tax filing without leaving the platform they already use. H