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For freelancers and professionals in India, managing taxes can be a daunting task, especially with fluctuating income and varying...

According to the Income Tax Act, an individual who must pay taxes or any amount of money to the government is an  income tax assessee ....

Accurate and timely income tax payments are essential to the nation's economic development. You must make your tax payments on time as an...

House Rent Allowance (HRA) is a crucial part of the salary structure for many employees, designed to ease the financial burden of rental...

Filing income tax returns accurately and on time is crucial for compliance with tax regulations. However, taxpayers often make errors or...

The Commercial Tax Department assigns a Taxpayer Identification Number, or TIN, to people and companies registered under VAT to identify...

Tax liability can be a major concern for individuals and businesses, but strategic tax planning can significantly reduce the burden. Two...

By 2028, the Indian hospitality and tourism sector will have grown from Rs. 15.24 lakh crore (US$ 234.03 billion) in 2017 to Rs. 32.05...

When it comes to tax-saving investments, Sections 80C and 80CCD of the Income Tax Act, 1961, are two of the most popular avenues for...

To alert taxpayers to inconsistencies in their submitted GST returns, the GSTN has been sending them SMS messages. The Central Goods and...