If you’re an Indian resident who owns foreign bank accounts, property, stocks, or business interests, you are required to disclose these foreign assets in your income..

If you’re an Indian resident who owns foreign bank accounts, property, stocks, or business interests, you are required to disclose these foreign assets in your income..
Banks in India deduct Tax Deducted at Source (TDS) on interest income earned from fixed deposits, recurring deposits, or savings interest (in some cases). If your..
If your total tax liability exceeds ₹10,000 in a financial year, you are legally required to pay advance tax. Instead of waiting for year-end, the Income Tax..
Filing your Income Tax Return (ITR) is a key part of financial compliance in India. With the government’s push for digital services, individuals and businesses can now..
Introduction Before filing your Income Tax Return (ITR), it is essential to verify your tax details using Form 26AS. Form 26AS summarizes the taxes deducted, collected,..
Form 26AS, AIS (Annual Information Statement), and TIS (Taxpayer Information Summary) are key tools introduced by the Income Tax Department to increase tax transparency and improve..
Introduction Filing your Income Tax Return (ITR) correctly starts with collecting and organizing the right documents. Missing or incorrect information can lead to notices, refunds getting..
Introduction For salaried individuals in India, Form 16 is a crucial document for filing income tax returns and claiming refunds. It acts as a certificate of..