Income Tax Return: How to plan your taxes effectively to reduce tax liabilities. Check some popular ways

Income Tax Return: How to plan your taxes effectively to reduce tax liabilities. Check some popular ways

As an Indian taxpayer, it’s imperative to file your Income Tax Returns (ITR) annually. The ITR encompasses details of your annual income and the corresponding tax payable to the government for that year. Individuals continually seek effective methods to minimize their tax liabilities. Through prudent tax planning, you can achieve substantial long-term savings. Smart tax … Read more

NPS taxation in FY25: How to claim tax deductions for National Pension System under old, new tax regimes

NPS taxation in FY25: How to claim tax deductions for National Pension System under old, new tax regimes

The new financial year will start tomorrow and the investors will get another chance to review their investments and opt a suitable tax regime. There are various investment tools that are accepted under both tax regimes. Under the Old Tax Regime, numerous tax deductions and exemptions are offered under different sections of the Income Tax … Read more