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Commission income and incentives are common forms of earnings for many individuals, especially those working in sales, marketing, and...

Gift income, particularly from relatives, is a topic that many taxpayers are unsure about. While it’s common to receive gifts on special...

Lease rental income is a common source of income for many property owners. Understanding how to properly calculate and report rental...

Health insurance is an essential part of financial planning, offering protection against medical expenses. Under Section 80D of the...

Exempt income refers to income that is not subject to tax under the provisions of the Income Tax Act of India. While this type of income...

Section 80C of the Income Tax Act is one of the most widely used provisions for claiming deductions on various investments, providing...

Dividend income is a significant source of passive income for many individuals and investors, but it often comes with tax implications...

Section 80C of the Income Tax Act allows taxpayers to claim deductions on various investments and expenses, reducing their taxable...

Filing an Income Tax Return (ITR) is a crucial responsibility for every taxpayer in India, but sometimes errors or mistakes can happen...

The Annual Information Statement (AIS) is an essential document provided by the Income Tax Department, summarizing a taxpayer's...