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Understanding taxes can be confusing, especially when it comes to figuring out what you can and cannot claim. One important part of the...

The ITR 4 (Sugam) form is a simplified tax return designed for small businesses and professionals under the presumptive taxation scheme,...

Education is amongst the most important financial goal for any parent. Amidst all the various investment options available to you, one...

Rent Free Accommodation and Income Tax: Key Insights According to the provisions of the Income Tax Act, the issue of employees receiving...

When it comes to managing taxes on long-term capital gains (LTCG), especially from the sale of assets like land or buildings, the Income...

The Income Tax Act, of 1961, provides several deductions on home loans that can significantly reduce your tax liabilities. Notably, the...

Advance tax, popularly known as 'pay-as-you-earn', is the practice of making periodic payments toward an estimated income tax liability....

People seem to become a little more aware of the approaching income tax return filing deadline because they perceive it as a somewhat...

On-time filing of the income tax return is essential for every taxpayer in India. Apart from late filing charges, delayed filing has...