Types of GST in India | Explained
What is GST? Due to the various types of indirect taxes levied on consumers and businesses, many felt the need for a unified tax system. It was the government led…
Difference Between Tax Exemption and Tax Deduction
The Income Tax Act of 1961 specifies various tax exemptions and deductions available to taxpayers in India. These exemptions and deductions can help reduce your overall tax liability, but they…
What Is Asset Allocation and Why Is It Important?
Investing is like an art where the key is to balance different types of investments to boost returns and lower risk. Sometimes stocks perform best, while other times gold or…
Form 26AS – What is Form 26AS? How to Download Form 26AS to File ITR
One of the most important documents every taxpayer should be familiar with is Form 26as. Also called the Annual Tax Statement, Form 26AS helps you file your Income Tax Return…
Why laddering fixed deposits makes for better investments?
Fixed deposits (FDs) have long been a favoured investment choice for those seeking stability and guaranteed returns. Especially popular among conservative investors, FDs offer a safe haven where capital is…
What Happens if You Don’t File Your ITR on Time?
Filing the Income Tax Return (ITR) on time is an important responsibility for every citizen. The taxes you pay help the government develop the country by improving and maintaining essential…