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Tax Truth: Why Only 3% Pay Income Tax in 2024

Tax Truth: Why Only 3% Pay Income Tax in 2024

Sudip Sengupta
December 6, 2025

Did you know that only 3% of Indians pay income tax? This shocking statistic reveals a startling truth about the tax landscape in India as we head into 2024.

Update Your Basic Income Tax Knowledge: Ultimate Guide 2024

Update Your Basic Income Tax Knowledge: Ultimate Guide 2024

Sudip Sengupta
December 6, 2025

Learn the essentials of Basic Income Tax India, including filing, deductions, and calculation. Understand your tax obligations and maximize savings with our comprehensive guide.

How to Fix Defective Tax Returns: Ultimate Guide About Section 139(9)

How to Fix Defective Tax Returns: Ultimate Guide About Section 139(9)

Sudip Sengupta
December 6, 2025

Learn how to handle defective income tax returns in India. Understand Notice u/s 139(9), rectify errors, and ensure compliance with tax laws to avoid penalties.

Nil ITR: Why should you file a Nil ITR? Ultimate Benefits

Nil ITR: Why should you file a Nil ITR? Ultimate Benefits

Sudip Sengupta
December 6, 2025

Benefits of Filing a Nil ITR: Even though it is not mandatory, there are several benefits to filing a Nil ITR

ITR Filing 2024: Will the July 31 Deadline Be Extended? What You Need to Know

ITR Filing 2024: Will the July 31 Deadline Be Extended? What You Need to Know

Sudip Sengupta
December 6, 2025

ITR Filing: Users noted that data didn’t match up between what was pre-filled in the ITR and actual amounts for salary, interest income, & TDS according to Form 26AS.

Tax Analysis on Budget: Powerful Guidelines & Tips for FY 2024-25

Tax Analysis on Budget: Powerful Guidelines & Tips for FY 2024-25

Sudip Sengupta
December 6, 2025

Tax Analysis on Budget: The fiscal year 2024-25 has arrived, bringing some fresh updates to the Income Tax Act of 1961. These changes stem from the Union Budget of 2024.