300 words Crisp articles on various topics related to Finance
Filing your ITR is only half the job—tracking your ITR status and refund online is equally crucial. With India’s digitised tax system, you can now monitor your return and refund updates within minutes. Whether you’re waiting for your tax refund or just want confirmation that your ITR is processed, the process is simple. Here’s a …
#368 – How to Check Your ITR Status and Refund Online Read More »
Missing the ITR filing deadline in India can lead to serious financial and legal consequences. Whether you’re a salaried employee, freelancer, or business owner, timely income tax return filing is not just a duty—it’s essential to avoid penalties and preserve your financial credibility. Let’s explore what really happens when you don’t file your ITR on …
Filing your income tax return (ITR) may seem daunting, but having the right documents for ITR filing in India makes the process much easier. Whether you’re a salaried individual, a freelancer, or a business owner, ensuring all required paperwork is ready helps you avoid penalties, claim deductions, and file accurately. Let’s explore the documents you’ll …
#366 – Common Documents You Need While Filing Your ITR Read More »
Filing tax returns in India isn’t just for those who earn above the taxable threshold. Filing ITR even if your income is below the taxable limit in India offers significant advantages under the Income Tax Act, 1961. This practice strengthens financial discipline. Why should you file ITR when exempt, and how does it help? Let’s …
#365 – Benefits of Filing Returns Below Taxable Limit Read More »
Tax credits vs. tax deductions in India is a common confusion for many taxpayers. While both reduce your income tax liability, they do so in different ways. Understanding this distinction is vital to optimise your tax planning and savings. Let’s break it down in simple terms. What Are Tax Deductions and How Do They Work? …
#364 – Understanding Tax Credits vs. Tax Deductions Read More »
Understanding the information ratio is crucial for investors navigating the mutual fund market. This metric helps evaluate a fund’s risk-adjusted performance, guiding better investment decisions. How does the information ratio affect returns, and how can you leverage it? Let’s break it down. What Is Information Ratio? Information Ratio is a key metric every Indian investor …
Expense ratio is one of the most important — yet often overlooked — factors that affect your mutual fund returns. Whether you’re investing in equity funds, debt funds, or index funds, understanding this small percentage can significantly improve your investment decisions. Let’s break down what it means, how it’s calculated, and why it plays a …
Tax planning when changing jobs in India is crucial for salaried individuals to manage tax liabilities and ensure compliance under the Income Tax Act, 1961. Job transitions require careful tax handling. How can you plan taxes effectively during a job change? Let’s break it down. Collect and Combine All Form 16s: Whenever you change jobs, …
The Indian government has introduced important income tax rule changes for FY 2025-26 that every taxpayer should know. These updates impact salaried professionals, investors, and small business owners. Let’s explore what’s new and how it could affect your financial planning. New Default Tax Regime with Adjusted Slabs: The new tax regime is now the default …
Mutual fund investments are popular in India for wealth creation. However, TDS on mutual fund gains in India has become a crucial factor for investors to consider. Proper understanding ensures compliance and maximizes returns. How is TDS applied to mutual fund gains, and what are the compliance steps? Let’s break it down. TDS on Mutual …