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Section 80EEB Explained: Tax Benefits for Your Electric Vehicle Loan

Section 80EEB Explained: Tax Benefits for Your Electric Vehicle Loan

date 12 November 2025 | 7 mins read

Electric vehicles (EVs) have emerged as a practical and environmentally responsible alternative to traditional petrol and diesel vehicles. As fuel prices remain unpredictable and environmental concerns increase, more individuals are considering EVs not just as a luxury but as a necessary switch for the future.

What is Section 2 (1A) in Income Tax?

What is Section 2 (1A) in Income Tax?

date-icon4 November 2025 | 7 mins read

Agriculture remains an essential activity across India, and the government recognizes its importance by offering relief under the Income Tax Act.

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Calculating STCG Tax Under Section 111A

Calculating STCG Tax Under Section 111A

date-icon4 November 2025 | 6 mins read

If you’ve recently sold shares or equity mutual fund units and incurred a tax on your profits, you may be dealing with Short-Term Capital Gains (STCG).

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What is Section 10 of Income Tax?

What is Section 10 of Income Tax?

date-icon4 November 2025 | 7 mins read

If you are looking to reduce your income tax liability legally, understanding Section 10 of the Income Tax Act is essential. This section lists several types of incomes that are either partially or fully exempt from tax.

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Smart Ways to Reduce Income Tax: Hindu Undivided Family (HUF)

Smart Ways to Reduce Income Tax: Hindu Undivided Family (HUF)

date-icon7 October 2025 | 8 mins read

Understanding ways to reduce your income tax liability holds great importance, particularly due to India’s evolving tax rules. One option that often attracts attention for its potential advantages is the Hindu Undivided Family (HUF).

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What Makes Filing Tax Returns Important?

What Makes Filing Tax Returns Important?

date-icon26 September 2025 | 5 mins read

Filing income tax returns (ITR) may seem like a routine annual task, but its significance goes far beyond legal compliance. Whether you're a salaried employee, business owner, freelancer, or investor, understanding the importance of income tax filing is essential for long-term financial wellbeing and legal transparency.

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Freelancer’s Guide to Filing Income Tax Returns in India

Freelancer’s Guide to Filing Income Tax Returns in India

date-icon24 September 2025 | 7 mins read

Freelancing in India has witnessed significant growth in recent years. With increased access to digital platforms and remote opportunities, many professionals have started freelancing as a full-time or part-time source of income.

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Why Paying Your Taxes Matters for the Country and You

Why Paying Your Taxes Matters for the Country and You

date-icon24 September 2025 | 6 mins read

Every year, millions of Indians contribute to the nation’s growth not only through their work and businesses but also by fulfilling the crucial civic responsibility of paying their taxes. Whether you are a salaried individual, self-employed professional, or run a business, you are liable to pay government taxes if your income exceeds the prescribed threshold.

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New GST Updates 2025: Key Tax Reforms, Sector-Wise Impact, and Why It Matters

New GST Updates 2025: Key Tax Reforms, Sector-Wise Impact, and Why It Matters

date-icon18 September 2025 | 14 mins read

India’s indirect tax system is undergoing a major transformation with the GST updates. This set of reforms, widely known as GST 2.0, is the most significant change since the launch of GST in 2017. The GST Council, in its meeting on 3 September 2025, approved rationalised GST rates effective 22 September 2025. This builds on India’s landmark GST rollout on 1 July 2017, which replaced a complex web of excise, VAT, service tax, and entry levies with a unified system, Central GST, State GST, and Integrated GST. Introduced as “One Nation, One Tax,” GST streamlined compliance, reduced cascading taxes, and created a seamless national market.

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Section-Based Income Tax Saving Strategies for Salaried Individuals

Section-Based Income Tax Saving Strategies for Salaried Individuals

date-icon22 September 2025 | 6 mins read

Income tax planning is an important aspect of financial management for every salaried individual. As your income grows, so does your responsibility to file accurate returns and manage your tax liabilities wisely.

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Last-Minute Tax Savings? Here's How Early Tax Savings Can Help

Last-Minute Tax Savings? Here's How Early Tax Savings Can Help

date-icon18 September 2025 | 7 mins read

For many working individuals and professionals, tax season often results in a frantic rush to identify eligible deductions and arrange tax saving investments.

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How to File an ITR Without Form 16 for Salaried Individuals

How to File an ITR Without Form 16 for Salaried Individuals

date-icon29 August 2025 | 7 mins read

Filing your Income Tax Return (ITR) without Form 16 is definitely possible, provided you have the correct set of documents like salary slips, bank statements, and Form 26AS.

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What's the difference between VAT and GST?

What's the difference between VAT and GST?

date-icon18 July 2025 | 6 mins read

India had a complicated, multi-layered indirect taxation system before introducing the Goods and Services Tax (GST) on July 1, 2017. Value Added Tax (VAT), excise taxes, service taxes, entry taxes, and octroi were a few of the taxes levied on businesses and consumers.

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The Tax Implications of Indian Equity Investments

The Tax Implications of Indian Equity Investments

date-icon24 June 2025 | 5 mins read

Many investors just focus on selecting the right stocks or timing their trades but overlook the tax consequences that follow. If you invest in the Indian equity market, then it is important for you to understand how your earnings from investments are taxed.

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Key Difference between Direct Tax and Indirect Tax

Key Difference between Direct Tax and Indirect Tax

date-icon23 June 2025 | 6 mins read

In India's tax structure, taxes are generally classified as direct and indirect taxes. Familiarity with the difference between the two is fundamental for successful financial planning and compliance. Direct taxes are directly imposed on individuals or entities according to their income or wealth, whereas indirect taxes are taxed on goods and services, eventually falling upon the final consumer. This article delves into the definitions, types, advantages, disadvantages, and examples of both tax categories, providing a comprehensive overview to enhance your understanding of India's tax structure.

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