Why People are Waiting to ITR Process Completion? There are Several reasons Why the Deadline for ITR Filing is So Crucial in India. For Professional and Businessmen the ITR becomes very Important to save the Extra Money from their Pocket. The Necessary two points are mention below: Many Indians are waiting for the ITR process to end so that they can file their applications. Some people are also waiting for the ITR process to end in order to get a the extra returns or Savings on their account. How to Prepare for the End of the ITR Process? If you […]
In 2022-2023, How Do Salaried Employees File Their Income Tax Returns Online?
The filing of income tax returns is compulsory for salaried employees in India regardless of whether they owe taxes. It provides you with access to a range of financial products, including loans. Those who fail to file their income tax returns by the 31 July 2022 deadline will be subject to penalties or late fees based on the date the returns were filed. The salaried person is employed by a public or private company and receives a monthly salary as compensation. If you are new to filing income tax returns online, you need to know that it is an extremely […]
A Step-By-Step Guide to E-filing Your Income Tax Return Online
Every year, income tax returns are a mandatory exercise for salaried employees, business owners, freelancers, and start-ups alike. Until recently, the process of filing an Income Tax Return was a tedious one. But with the introduction of the online option, things were much easier. It is now possible to file an ITR from your home or office without standing in long lines. With this useful income tax app, you can even file returns while you are on the go. We provide complete instructions on e-filing income tax returns here. Check your eligibility before you begin: What Are the Requirements for […]
Indian Trademark Registration Conditions
Modern-day and age, intellectual property law has become one of the most rapidly developing sectors of law. In addition to copyright law, patent law, design law, geographical indication law, plant varieties law, trade secret law, and trademark law are some of the legal aspects of intellectual property. There is no doubt that trademarks have become part of our daily lives, from TV to everything else in the business world. How does a Trademark Work? These trademarks are protected as intellectual property rights1 because they identify specific goods and services produced or provided by a company or an individual1. Coca-cola and […]
When is the best time to file your income tax return?
If their income is below the taxable threshold, most millennials believe they do not have to file an ITR (Income Tax Return). Sadly, that isn’t true. Making money and starting to work requires filing an income tax return. Besides being a good corporate citizen, income tax returns show an individual’s earnings and cumulative tax debt. Due to this, even if one’s taxable income is below the basic exemption threshold, filing a tax return is a good idea. All investment deductions (e.g., Section 80C for employee contributions to a Provident Fund) and the exemption for long-term capital gains must be claimed […]