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India has recently introduced a new tax slab system in its Union Budget 2020. This new tax slab system comes with lower tax rates but without exemptions and deductions. This new tax slab system is optional, and taxpayers can choose to continue with the existing tax slab system.

Goods and Services Tax (GST) is a tax levied on the supply of goods and services in India. GST has replaced several indirect taxes such as service tax, excise duty, and value-added tax (VAT). In this blog, we will walk you through the steps involved in filing GST in India.

Filing income tax in India is a legal obligation for individuals and businesses earning a certain amount of income in a financial year. It's important to file your taxes on time to avoid penalties and legal consequences.

After having your income tax return verified, receiving your refund is the phase that everyone looks forward to the most. However, our wait is frequently prolonged! There are multiple reasons for not receiving the refund. If you are one of those who have filed their ITR before the due date and have not received their refunds yet, fret not! In this bite, we are covering the top 8 reasons for not getting a refund from the Income Tax Department.

For most people, paying income tax at the end of a financial year is a cumbersome task. A majority of the hustle revolves around planning the submission of insurances, rent and other receipts in a way that leads to the lowest possible tax liability.