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Filing the correct Income Tax Return (ITR) form is crucial to ensure compliance, avoid penalties, and secure refunds without delays....

House Rent Allowance (HRA) is a critical component of salary for many employees, helping reduce taxable income when paying rent....

Effective investment planning is central to maximising wealth while staying compliant with India’s Income Tax Act 1961. Understanding tax...

Hindu Undivided Families (HUFs) offer a structured way for families to pool resources, split incomes, and claim distinct tax deductions....

Section 80CCD(1B) of the Income Tax Act provides an additional deduction of up to ₹50,000 annually for contributions to the National...

Gift planning in India is a legal and efficient strategy to manage tax liabilities when executed correctly under the Income Tax Act,...

On September 3, 2025, the 56th GST Council meeting was held in New Delhi. The long-pending agenda topics were discussed at the GST...

On January 1, 2013, the Direct Benefit Transfer (DBT) program was launched by the Government of India. Directly transferring subsidies,...

Maintaining the most recent versions of all your vital government documents is essential as India moves towards modernity. Your ration...

Understanding the Indian income tax system is crucial for salaried individuals and professionals aiming to optimize their tax liability....