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types of income tax return (ITR) forms

Different Types of Income Tax Return (ITR) Forms you Should be Aware Of

Managing income tax returns is an essential responsibility for every taxpayer. ITR forms are an integral part of this process as they facilitate the accurate reporting and assessment of income. This article deals with ITR forms and their significance. It aims to enhance readers' understanding of types of income tax…
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Scope of Secretarial Audit

Scope of Secretarial Audit: Key Checks and Important Documents

Secretarial audits are an important part of corporate governance because they make sure that a company is following the rules and laws that apply to it. The reports are like a detective's lens; they find problems with compliance or governance that might not have been seen otherwise. Significant documents and…
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Professional Tax in India

Professional Tax in India: Rates, Exemption & Applicability

We have to meet with the area of professional tax in India. It is a mandatory contribution imposed by state governments on individuals earning an income through employment or self-employment. The article deals with the varied tax rates, exemption criteria, and applicability guidelines that navigate the professional tax landscape in…
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GST for senior citizens services & old age homes

Taxation and Care: Understanding GST for Senior Citizen Services and Old Age Homes

Old age houses and senior citizen services are very important to our society because they care for, socialize, and help our elderly. As our population ages, there are many more people who need these services. But when it comes to senior services, both the people who run assisted living centers…
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tax saving investment plan in india

Exploring ELSS Tax Saving Investment Plan in India: What is ELSS and How to Invest in It?

In India, ELSS (Equity Linked Saving Scheme) mutual funds have become a popular choice for tax-advantaged investments. ELSS combines the benefits of tax savings under Section 80C of the Income Tax Act, 1961 with the potential for long-term wealth creation through equity investments. This article aims to provide a detailed…
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options to help save tax

Exploring the Best Investment Options to Help Save Tax

In India, individuals are focusing on the best tax-saving options or best tax-saving schemes. Tax-saving investments play an important role in the financial planning of individuals. An individual can utilize this opportunity and reduce tax liability. This article deals with Exploring the Best Tax Saving Investment options to Save Tax…
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Section 80E of the IT Act

Learn More about Section 80E of the IT Act, 1961

Our Indian economy and income levels are rising from day to day. At the same time, the expenses associated with education are also rising likewise. We have to know that if we spend money to pursue higher studies, we can save tax imposed from our income. To enable you to…
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section 24 of the income tax act

A Gentle Look to Section 24 of the Income Tax Act, 1961

The ITA Act, 1961 includes guidance for calculating the income of individuals by its appropriate provisions. It plays an important role in the calculation of income of individuals. This article deals with a gentle explanation of section 24 of the income tax act and its definition, deduction under Section 24,…
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A Comprehensive Guide to Filing Your Taxes

Choosing the Right ITR: A Comprehensive Guide to Filing Your Taxes

Guide to Filing Your Taxes,The Income Tax Return (ITR) is an essential form that must be submitted by every taxpayer to the government. The act of disclosing one's income and expenses has the purpose of enabling the government to determine the tax obligations of a person or organization. It is…
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Difference between Trust Section 8 Company and Society

Understand the difference between Trust, Society and Section 8 Company

In the charitable realm, there are three distinctive organization structures Trusts, Societies, and Section 8 Companies. Although these organizations have shared the common goal of societal welfare. However, these organizations have distinctive management structures, operational work, and legal frameworks. In the current article, we will explore the key Difference between…
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