Do I need to file an ITR? Income Tax Return (ITR) filing is the process by which individuals, businesses, and entities declare their income, expenses, and tax liabilities to the Income Tax Department of India. While many people believe that ITR filing is only for those with high incomes, there are several situations where filing… Read More »
Is ITR filing mandatory Filing an Income Tax Return (ITR) is an important responsibility for every taxpayer, but many people often wonder if it is mandatory in every case. The answer depends on various factors such as your income level, age, and sources of income. What is ITR Filing? Income Tax Return (ITR) is… Read More »
Income Tax Regime Income Tax Regime, Here We are providing general information about the two income tax regimes in India, but please note that It’s always recommend to consult with a tax professional or financial advisor for advice tailored to your specific circumstances. The Old Tax Regime: This regime allows individuals to claim… Read More »
