How to Download SBI Home Loan Interest Certificate?

sbi home loan interest certificate

Have you taken an SBI home loan? If yes, then this article is for you. In this article, we will discuss how to download the SBI home loan interest certificate from the SBI website. This certificate is required to produce to the employer for incorporating the same in form 16 to save income tax. What … Read more

Instant PAN Through Aadhaar – How to Apply for Instant PAN?

Instant PAN Through Aadhaar

As announced in the Union Budget 2020, the Income Tax department has launched a facility for issuing instant PAN through Aadhaar card. Through this facility, an instant PAN card can be generated and downloaded from the income tax website. How to apply for Instant PAN through Aadhaar card? Applying for the PAN card is not … Read more

Advantages and Disadvantages of Tally

advantages of tally

Tally ERP (Enterprise Resource Planning) is an accounting and financial management software developed by Tally Solutions Pvt. Ltd. It is a comprehensive business solution that helps businesses manage their financial operations, including accounting, inventory management, invoicing, banking, payroll, and taxation, among others. In this article, we will discuss advantages of tally software and other aspect … Read more

Rent Receipt Online – How to get it?

rent receipt online

If you are claiming HRA in your income tax return, you need to furnish the rent receipt along with the rent agreement. You have to either collect it from your landlord or you can get the same online for free. It is now very easy to get the rent receipt online through various websites. Today … Read more

New Income Tax Portal – E Filing 2.0

new income tax portal

The income tax department has launched a new income tax portal on 7th June 2021. The new e-filing portal is aimed at providing taxpayers a convenient and seamless experience. Today, in this article, we will discuss the features and benefits of the new income tax portal. Why New Income Tax Portal is required? Before we … Read more

Advance Tax | Be Tax Ready : The Ultimate Guide

advance tax

The concept of Advance Tax in India is one that is relatively unknown to the general public. While most people are aware of the basic concept of taxation, few are familiar with the intricacies of Advance Tax. In this article, we will take an in-depth look at what Advance Tax is, how it works, and … Read more

Various IT Forms in India | Which One Is For You?

ITR Forms

Income Tax in India is a form of tax levied by the Central Government on the income of individuals, businesses, and corporations. It is a crucial part of the country’s revenue collection and plays a significant role in the economic growth of India. These forms serve as a means for the government to gather information … Read more

All about Leave Travel Allowance (LTA)

leave travel allowance

Leave Travel Allowance (LTA) is a type of allowance offered by employers to their employees as a part of their salary package. LTA is intended to cover the expenses incurred by the employee and their family members while traveling on leave from work. The objective of LTA is to provide tax benefits to the employees, … Read more

Section 285BB – Form 26AS Will Not Be Available

section 285bb

In the Union Budget 2020, the finance minister has announced the new income tax clause section 285BB under which the existing form 26AS will no longer be available. In this article, we will discuss what is section 285BB and how will it affect you as a taxpayer. Before we move ahead, let’s first understand what … Read more

Special Allowances for Salaried Employees

special allowances

Salaried people in India often face the challenge of maintaining a balance between their expenses and income. Although many companies provide their employees with a decent salary, it may not always be sufficient to meet their needs. This is where special allowances come into play. In this article, we will discuss the various special allowances … Read more

Which is the best tax saving option? PPF NPS ELSS

Tax season is going on and you want to finalize your investments to save tax. Investment decisions are based on three important consideration viz. Return, risk, and liquidity. Saving taxes can also be included in the return. Out of three only first two qualify for tax deduction under Section 80C and 80 CCD of Income … Read more

10 Transactions Tracked by The Income Tax Department

Do you know that which are the transactions done by you are being tracked by the income tax department? In this article, I will tell you 10 such transactions tracked by the income tax department.

After the demonetization and GST tax regime by the Modi government, digital transactions are on a rise. There is a number of people who have used the digital payment for the first time after the demonetization. Do you know that which are the transactions done by you are being tracked by the income tax department? … Read more

Avoid Penalty on Income Tax filling

income tax return

I like to pay taxes. With them, I buy civilisation. – Oliver Wendell Holmes Jr. In the Union Budget 2018, several tax changes have come into effect. One of them is the penalty on the late filing of income tax filling. Knowing these tax changes will help you to save yourself from penalties. So it is … Read more