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Trying To Save Tax Early In Your Career? Use These 5 Tips

Tax Saving Tips

Tax is something you cannot avoid. From being levied on everything you buy to your earnings, taxes are everywhere. However, that does not mean you have to just give up. While you may not be able to save tax on things you purchase, it is possible to save the tax levied on your income. This is the purpose of this …

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Income Tax Filing Time: Which Form Should You Fill?

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The Income Tax department has announced the last date for filing income tax for assessment year 2017-18. It is July 31, 2017 and it is sure to make everyone scramble for their requisite papers. Filing tax is not as difficult as it seems. The real problem lies in a few steps. One of those problems is choosing the right form for …

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GST Does Not Address These Three Issues!

GST Items List - Arun Jaitley

GST or Goods and Services Tax is a landmark reform that Indian government is about to implement. This system aims to eradicate multiple taxes in favour of a one-time tax. It aims to bring the cost of various commodities down. For this purpose, four tax slabs have been created and various goods and services have been placed in each slab. While …

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Filing Income Tax? Use These Methods To e-Verify ITR

Filing income tax is an annual affair. It is a necessary process and hence, getting it right is quite important. Among the areas of error when filing ITR is its e-verification. Earlier, you had to fill up the Form-5 and then send it via post to IT department. Another method was usage of digital signature. However, in 2017, the Indian …

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Filing Income Tax Will Be Easier In 2017

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Income Tax filing every year is a new experience for a lot of working folks. From disclosing income sources to paying advance tax, there are a lot of things that one can talk about. This time, we talk about IT filing. You still have to do it in 2017 as you had to in 2016. The advisory of disclosing everything applies this …

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Goods And Services Tax: Here’s What Will Be Taxed

GST Items List - Arun Jaitley

Goods and Services Tax is a land mark taxation reform. Till now, the taxing of products and services takes place at various touchpoints. Upon the enactment of GST, it will all be charged at one point only. For goods and services that are perishable, this means less wastage due to infrequent stops. This way, the prices of goods and services can …

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