Financial Calendar & Important Dates for Tax Payers & Investors 2024-15

As taxpayers, we have recently entered the new financial year 2024-25, which started on April 1, 2024. This means that we need to be aware of some new changes and important financial deadlines. It’s a good time to review our financial situation and plan for the coming year. We need to make important decisions regarding … Read more

Do You Know Section 80C, 80G and 80GGA Tax Benefits on Donations?

Income Tax Department Section 80C, 80G and 80GGA Offered various tax benefits on donations to charitable organizations; everyone must be aware of the Section 80C, 80G and 80GGA Acts before clime tax benefits. Many people may not be aware that donors can avail themselves of tax saving benefits on donations. The Indian Income Tax Act’s … Read more

Do you know about ‘Pink Tax’? A Report by Kiran Mazumdar Shaw

Kiran Mazumdar Shaw Explores the ‘Pink Tax’. Many companies have imposed the Pink Tax through Gander-Based Products, and the product prices are higher than men’s. This is a detailed report about the Pink Tax and how to Avoid it. Let’s discuss. People are usually aware of various taxes, such as the Goods and Services Tax … Read more

Pay Advance Tax Before Deadline to Avoid Penalties

Must Pay Advance Tax without Failure to Avoid unwanted Penalties. Eligible employees, traders, and self-employed individuals must pay advance tax before the deadline. Here is the calculator to estimate your advance tax. Attention taxpayers! If your income tax payable is more than Rs. 10,000, you must pay advance tax. March 15th is the last day … Read more

TDS Deduction Rate 2024 by Source of Transaction

The Income Tax Department announced TDS Rate 2024 or TDS Deduction Rate 2024 for the current financial year based on certain transactions such as salary, house rent, interest income, cash withdrawal, fixed deposits, and other sources. Section-wise, complete details are listed here. Tax Deducted at Source (TDS) is a tax collection method in India wherein … Read more

Alert to Taxpayers: 31st March 2024 is the Deadline to Save Tax

Tax Benefits Under Income Tax Act 80C on investment, interest income, LIC policies, fixed deposits, tax saver mutual funds, maturity cash on PPF, etc. The deadline is 31 March 2024. Taxpayers can save up to Rs. 1.50 lakh in a financial year. As the financial year ends, taxpayers start thinking about ways to reduce their … Read more