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Are you ready to file your Income Tax Return  for FY 2024-25 (AY 2025-26)? If your sources of income include: salary, one house property, and other sources like interest, then filing through ITR-1 may just be the hassle-free way of doing it. ITR-1 is meant for salaried individuals and is an easy yet effective way if one has financial portfolios of a simpler nature. Let us understand the entire process of online filing ITR-1 so that you can manage your tax obligations easily.

Selecting the correct tax regime is a crucial decision for taxpayers, as it directly impacts the total tax liability for the Financial...

Calculating total tax liability is a crucial step in managing finances effectively and ensuring compliance with the Income Tax Act. Both...

The standard deduction is a key component of the Income Tax system designed to provide salaried individuals and pensioners with a fixed...

For pensioners, tax planning can be more complex than for salaried individuals due to fixed income sources, allowances, and investment...

The new tax regime for FY 2025-26 introduces a simplified structure with revised tax slabs, reduced rates, and limited exemptions. This...

The choice between the old and new tax regimes has become increasingly important for salaried individuals and homeowners, especially with...

Form 16 is a crucial document for salaried individuals in India, serving as a certificate issued by employers that details the salary...

Filing Income Tax Returns (ITR) can often feel complex, especially with frequent changes in tax laws, slabs, and deductions. TaxBuddy...

Income tax planning is an essential part of managing finances efficiently, especially for salaried individuals. Understanding the...