ITR Mismatch Advisory Notice: Here’s How A Taxpayer Should Address It

The Income Tax (I-T) Department has issued advisories to several taxpayers concerning…

Mutual Funds: Step Up SIP by 5-15% Every Year to Boost Corpus

Investing in mutual funds via the systematic investment plan (SIP) mode is…

Income-Tax Department Keeps Hawk-Eye on TDS and ITR Mismatch

The Income Tax (I-T) department is closely scrutinising differences in tax deducted…

Mutual Funds for Retirement Planning: A Note on Equity Savings Fund

Mutual funds are one of the potential avenues to plan a retirement…

Changes Introduced in New Sahaj, Sugam Income Tax Forms for AY 2024-25

For the assessment year (AY) 2024-25, taxpayers are mandated to provide additional…

A Focus on Sovereign Gold Bonds as Investment Option for Senior Citizens

Among the various investment options for senior citizens, who especially look forward…

Tax-Saving Strategy: A Note on Allowances to Claim Deductions

A salaried individual–especially those who fall under the higher tax slab bracket–can…

Home Loan Rates See a Spike of 2.5% in 20 Months: Report

In the past 20 months, the average home loan interest rate has…

Old vs New Tax Regime: A Focus on Efficient Tax Planning

The new tax regime was introduced in April 2020, and the new…