Tax Saving

How do I File an ITR File?

How do I File an ITR File? A Comprehensive Guide!

We already know filing an ITR for income tax return is a prerequisite for individuals eligible under the income tax slab. However, there can be other more benefits than recording your income & expense in the government portal that the taxpayers get. Filing an ITR gives impeccable tax deductions for some individuals, which ultimately make …

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What is the Difference between AIS and Form 26AS?

What is the Difference between AIS & Form 26AS?

When you’re paying tax in India, you may come across two interrelated terms “AIS” & “Form 26AS” respectively. In this regard, AIS serves the taxpayers a wholesome view of tax deductions, but Form 26AS gives the view of partial or high-value TCS transactions. Here, we’ll explore the significant differences between AIS & Form 26AS. What …

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Equity Tax Collection

What Are Your Equity Tax Collection in the New Tax Policy?

When you sell an equity fund, you have to pay equity tax to the government. This process often involves some criteria, upon which tax is levied upon an individual. According to the new tax regime, your tax depends on your holding period and annual income put together. So, to understand your tax deductions you have …

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Ashneer Grover

“Taxpayers Are Doing Charity in the Country?” – Ashneer Grover

In a recent viral video statement by shark tank judge Ashneer Grover has triggered on the internet slamming the government’s tax policy. He believes the tax policy of the government to be too much asymmetrical with the earnings of the taxpayers.  Grover, the previously serving CEO of Bharatpe, referred to the government tax policy as …

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Income Tax Regime Selection

Income Tax Regime Selection: Why You Must Act Now to Preserve Deductions and Exemptions

As the new financial year begins, it is important to be aware of the income tax regime you are selecting as an employee. The old regime provides various exemptions and deductions while the new regime offers a low tax rate without any exemptions and deductions. All employees who want to opt for the old regime …

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Mahila Samman Savings Certificate

Mahila Samman Savings Certificate: A Scheme for Financial Empowerment of Women

Recently, the government of India in its union budget in February 2023 has introduced various process to encourage people to save money and invest to improve the country’s economy. However, there was one such scheme that was exclusively for women. The Mahila Samman Savings Certificate (MSSC) is a fixed income scheme offered by the Indian …

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mutual fund taxation

What Taxes Apply to My Mutual Funds?

When it comes to mutual fund investment, it has been a consistent option for investments due to higher returns by potential buyers. Even though, understanding the concept of tax implications associated with mutual fund investments is critical in order to make well-informed judgments when investing in mutual funds. This article describes the many forms of …

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