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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…

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,…

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…

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…

 Guide to Filling Income Tax Return in Jammu is vital just like any other part of India. It ensures Compliance with tax laws and facilitates proper tax assessment and collection. A clear understanding of the process is crucial for Jammu’s salaried individuals, self-employed professionals, and business owners to avoid penalties…

Making smart investment decisions is a crucial financial choice and when it comes to short-term investing, it's important to think about options that not only offer possible profits but also give tax advantages. In India, multiple investment paths satisfy these criteria letting investors fine-tune their economic ambitions while decreasing their…

One of the powerful strategies to lower your taxable liability is by investing in Tax Saving Investment Options. These instruments not only help you grow your wealth but also offer substantial tax benefits, making them an essential component of a well-rounded financial portfolio. There is numerous tax saving schemes available…

Advance tax is a system of paying taxes in installments over the financial year, as per the provisions under the Income Tax Act, 1961 in India. This article aims to provide a complete understanding of advance tax , including its calculation, individuals liable to pay, advance tax slabs, exceptions, benefits…

Wondering How EPF helps you save on Tax in India? Many people think about how the working of the EPF takes place, EPF Being a tax-saving instrument acts as the cornerstone of the financial security of employees all around the country. EPF is one of the retirement savings schemes which not…

Introducing a refreshing angle on home loans - are you fully aware of the often-overlooked tax benefits that can transform your homeowner experience? Don't let these hidden gems slip away! Read this article to unravel the exciting area of home loan tax benefits, exploding your path to financial prosperity. Contents…