Learn all about Tax
What is Advance Tax?, Meaning, eligibility, process, due dates, and steps to calculate & more
2 March 2026 | 8 mins read
Out of the various types of income tax payments in India, the three major ones are Tax Deducted at Source (TDS), advance tax, and self-assessment tax. TDS refers to the tax withheld or deducted by the payer at the time of making a payment. Advance tax involves paying income tax in advance in installments, if applicable. After adjusting TDS and advance tax, any remaining tax payable is paid as self-assessment tax. This article focuses on advance tax payments in India.
Freelancer’s Guide to Filing Income Tax Returns in India
23 January 2026 | 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.
Tax Filing Rules: Should You File Returns If Your Income Is Under the Exemption Limit?
16 January 2026 | 6 mins read
Filing income tax returns (ITR) is generally associated with those who earn above the taxable income limit set by the government. However, many individuals who fall below the exemption threshold may still benefit from filing a tax return. While it may not be mandatory in many cases, filing a tax return voluntarily can offer financial and legal advantages.
Types of ITR forms available to Indian taxpayers
16 January 2026 | 4 mins read
From visa applications to bank loans and beyond, the Income Tax Return (ITR) plays a vital role in various aspects of financial life. While its uses may be diverse, its primary significance lies in taxation. This article explores the meaning of ITR, the types of ITR forms available and the steps to file an ITR online.
RBI MPC Meet: GDP, Inflation, Liquidity & Global Risks; key factors that may influence repo rate
4 December 2025 | 5 mins read
Since the last Monetary Policy Committee (MPC) meeting in October, India’s macro story has flipped from an inflation problem to a ‘too low inflation’ scenario. Even GDP growth for Q2 FY26 has surprised many with fastest jump in six quarters to 8.2%. The CPI also crashed to a record low 0.25% in October.
Section 80EEB Explained: Tax Benefits for Your Electric Vehicle Loan
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?
4 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.
Calculating STCG Tax Under Section 111A
4 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).
What is Section 10 of Income Tax?
4 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.
Smart Ways to Reduce Income Tax: Hindu Undivided Family (HUF)
7 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).
What Makes Filing Tax Returns Important?
26 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.
Why Paying Your Taxes Matters for the Country and You
24 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.
New GST Updates 2025: Key Tax Reforms, Sector-Wise Impact, and Why It Matters
18 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.
Section-Based Income Tax Saving Strategies for Salaried Individuals
22 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.
Last-Minute Tax Savings? Here's How Early Tax Savings Can Help
18 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.