Income Tax Slab for AY 2025-26 Posted on February 1, 2025February 1, 2025 By Sourabh Kumar The Indian government has introduced new income tax slabs for the assessment year (AY) 2025-26, bringing changes aimed at benefiting taxpayers, especially the middle class. The revised tax structure ensures a more progressive taxation system, allowing individuals to maximize savings while fulfilling their tax obligations. Revised Income Tax Slabs for… Read more
What documents do I need to file ITR-1? Posted on July 28, 2024January 21, 2025 By admin When filing your Income Tax Return (ITR) using the ITR-1 form, certain documents are essential to ensure accurate and complete reporting. Although ITRs are annexure-less, meaning you don’t need to attach these documents with your return, it’s important to keep them handy for reference and potential future inquiries by tax… Read more
What precautions should I take while filing the return of income? Posted on July 28, 2024January 21, 2025 By admin Filing your Income Tax Return (ITR) accurately and on time is crucial to avoid penalties and ensure compliance with tax laws. Here are some key precautions to take when filing your return of income: 1. Choose the Right Tax Regime Carefully select between the old and new tax regimes. Each… Read more
What are the types of income that shall not form part of ITR 1 form? Posted on July 28, 2024January 21, 2025 By admin The Income Tax Return (ITR) form ITR-1, also known as Sahaj, is meant for individuals with relatively simple income situations. However, certain types of income must not be reported on this form. Below are the types of income that are excluded from ITR-1: Types of Income Not Included in ITR-1… Read more
Who is not eligible to file ITR-1 for AY 2024-25? Posted on July 28, 2024January 21, 2025 By admin For the Assessment Year (AY) 2024-25, certain individuals are not eligible to file Income Tax Return (ITR) form ITR-1, also known as Sahaj. Here is a list of categories and conditions under which individuals cannot use this form: Ineligibility Criteria for Filing ITR-1 Also Read: What documents do I need… Read more
Who is Eligible to File ITR-1 for AY 2024-25? Posted on July 28, 2024January 21, 2025 By admin For the Assessment Year (AY) 2024-25, the Income Tax Return (ITR) form ITR-1, also known as Sahaj, is available for specific individuals. Here’s a concise guide on who qualifies to file ITR-1: Eligibility Criteria for Filing ITR-1 Also Read: What documents do I need to file ITR-1? Conclusion ITR-1 is… Read more
What are Large Cap Mutual Funds Characteristics and Advantages? Posted on March 3, 2024January 20, 2025 By admin In the vast landscape of mutual funds, investors often seek stability and growth potential. Large cap mutual funds offer a compelling option, focusing on established companies with a track record of success. In this blog, we’ll explore the characteristics, advantages, and considerations of large cap mutual funds, helping investors make… Read more
What is AUM in Mutual Fund ? Posted on March 3, 2024January 20, 2025 By admin Introduction In the realm of mutual funds, investors often come across the term AUM, or Assets Under Management. AUM is a crucial metric that reflects the total market value of assets that a fund manager oversees on behalf of investors. In this blog, we’ll explore what AUM signifies, how it’s… Read more
What is Nav in Mutual Fund with Example ? Posted on March 3, 2024January 20, 2025 By admin Introduction Navigating the world of investments can be daunting, but understanding key concepts like Net Asset Value (NAV) in mutual funds can make the journey smoother. In this guide, we’ll delve into what NAV is, how it’s calculated, and its significance for investors, using clear examples to illustrate each point…. Read more
What is an ELSS Fund and It’s Benefits? Posted on June 30, 2023January 24, 2025 By admin What is an ELSS fund? ELSS stands for Equity Linked Savings Scheme. This type of mutual fund that invests at least 65% of its corpus in equity and equity-related instruments. ELSS funds offer tax benefits under Section 80C of the Income Tax Act, 1961. The maximum amount that can be… Read more
How to Save Money in Loan Interest? Posted on June 12, 2023February 26, 2025 By admin To save money with a money lender here in r2dcredit will provide you comfort when you get a loan or short-term loan. By getting the right company to assist your need for a loan, r2dcredit help you decided the right decision and potentially reduce the interest rate of your loan…. Read more
What Happens to Properties That Don’tSell at Bank Auctions? Posted on February 23, 2023January 21, 2025 By admin Introduction Bank auctions are a popular way to sell properties that have been foreclosed due to nonpayment of mortgage loans. These auctions provide an opportunity for interested buyers topurchase properties at a price lower than the market value. However, not all properties sellat bank auctions. In this article, we’ll explore… Read more
How to Get Instant Loan with Low Cibil Score? Posted on August 7, 2021January 21, 2025 By Rabia Kalar What is a CIBIL Score? CIBIL Score refers to the digit numeric summary of your credit history. It is your credit payment history across different loan types and from credit institutions over some time. The CIBIL score was the first credit system introduced in India and authorized by all banks. … Read more