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Each individual or business is required to pay taxes through filing Income Tax Returns (ITR). Every year, a specific date is finalized as the last date of...
Many times, a taxpayer pays tax more than the due tax liability over him. In such circumstances, it is expected that the taxpayer has filed the refund to t...
Advance tax can be defined as the income tax paid in advance for the respective income earned in a specific financial year. Generally, the tax is required...
ITR-2A is an extended form of ITR-2A, which allows the taxpayers eligible for ITR-1 not to file it merely because they owned more than one property but no...
ITR-2 is a form that allows Individuals and HUFs to file their income tax return for the income that is not eligible for ITR-1 (SAHAJ), such as foreign gai...
Every person owns some assets in the nature of property, gold or shares. It is important to be aware of the tax involvement in the gain/loss arising from t...
Monetary donations for social welfare purposes are a noble act. Everybody should consider contributing a certain amount to social causes to fulfil our soci...
E-filing of IT returns is a process of submitting tax returns online. It can be done using the tax preparation software approved by the Income Tax Departme...
On January 16, 2025, the Reserve Bank of India (RBI) released the list of Non-Banking Financial...
Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portf...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
Hong Kong is widely recognized as a leading global business hub, known for its free-market econ...
With India’s growing economy, Non-Banking Financial Companies (NBFCs) have expanded significa...
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