
Discover which returns are tax-free in India, including PPF, EPF, and NPS, and learn about tax exemptions for equity investments.

Learn about TDS, the full form of Tax Deducted at Source, and its significance in income tax collection in India.

Learn about Form 15CA and 15CB, essential for tax compliance on foreign remittances in India.

Discover how Section 44AD simplifies income tax for small businesses in India with a presumptive taxation scheme.

Discover what happens to NRI tax status if they stay in India for over 182 days and implications for global income.

Learn about penalties for filing incorrect income tax returns in India and how to correct errors to avoid extra charges.

Learn about Section 194 B of the Income Tax Act and how it applies to lottery and gaming winnings in India.

Learn why a PAN is mandatory for TDS returns in India and the consequences of not having one.

Explore the severe penalties for tax evasion in India, including fines and imprisonment.

Discover how much interest from Fixed Deposits is tax-free. Learn the limits under Sections 80TTA and 80TTB for individuals and senior citizens.

Discover the tax-free income limits for senior citizens in India and how it impacts their financial planning.

Learn how to calculate the tax for 1 crore income in India for the assessment year 2023-24.

Discover how much of your Fixed Deposit is tax-free in India and maximize your savings under Section 80C.

Learn about tax-free income thresholds in India for various age groups and how they may change annually.

Discover if an income of 5 lakh is tax-free in India and learn about Section 87A's tax rebate.

Learn the turnover limits for audits under Section 44AB of the Income Tax Act in India.