My name is shivam sinha this is for the testing purpose
11 Feb, 2023
Income Tax is one of the harsh realities that we can’t escape from no matter how much we want. It falls under conveyances that we have to take care of. Especially for start-ups and small businesses, it is very important to know how to save on the payable taxes. In the primary stage of a business, knowing tax loopholes can save you a lot of money.
What is the Income Tax?
Income Tax is a portion of your income that you pay to the government directly. It is the tax collected on an annual basis where the authorities use this money to perform administrative tasks.
There is a host of ways of saving tax under the Income Tax Act, 1961. In this article, we cover all the major tax deductions under the Income Tax Act:
Apart from regarding all the above tax saving options, consult a professional tax planner from Online Legal India™ to avoid any last-minute trouble while filling your Income Tax Returns. It is crucial to start your tax planning well before 31st March and to file your returns before the 31st of July each year
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