Hindu Undivided Family (HUF): Definition, Business, and Tax Benefits
If you grew up in an Indian household, you already know how tightly money and family are woven together—from who owns the old ancestral home to how your grandparents planned for
Section 54F and Capital Gains: Budget 2025’s Hidden Changes for Property Investors
Introduction: Understanding Capital Gains Tax on Property Investments Capital gains tax can significantly impact your property investment returns, especially when selling long-term
What Is Gratuity Tax & How to Save Tax on Retirement Benefits?
Many employees believe that all retirement payouts—gratuity, pension, and PF—are tax-free. The truth? It’s more nuanced. This guide will walk you through what’s tax-free, w
ESOP Taxation in India: All You Need to Know
Have you ever wondered what those three letters—ESOP—mean? They’re more than just a corporate buzzword. ESOP stands for Employee Stock Ownership Plan, a brilliant way f
Tax Declaration Guide For Salaried Employees
Navigating income tax and declarations can be complex. In this blog, Fintoo – your partner in optimizing fiscal decisions – has simplified Income Tax Declaration (ITD); from un
Complete Guide On Income Tax Declaration
It is that time of the year when you’re supposed to share your investment declaration proofs with your employer. While there are sufficient ways to make tax-saving investment
What are ITR Notices And How To Reply
The more awareness, the lesser the confusion, and the better the situation. As per a study, there has been a significant reduction in the quantity of ITR notices. While the specifi
Income Tax Refund: How to check and claim Income Tax Refund
As per Section 237 of the Income Tax Act, of 1961, taxpayers can claim a refund on their ITR for any extra tax paid. However, many people are unaware of their eligibility to claim
Decoding Major Deductions Under Old Tax Regime
As per the data, more than 2 crore taxpayers in the age group of 18 to 35 years filed their Income Tax Returns (ITRs) in FY 2022-23. In the Budget 2023, the Central Governmen
What Are The Types Of Income Tax Notices?
Most of us feel that once we have filed our Income Tax Return then we have complied with all our provisions and become surprised when we get any notice from the Income Tax Departme