Income tax is a direct tax levied by the government on the income earned by individuals and businesses. Whether you’re a salaried employee, freelancer, or business owner, understanding how income tax works is essential for staying compliant and avoiding penalties.
Every year, taxpayers are required to file their Income Tax Return (ITR), declaring their income, deductions, and taxes paid. The government provides various exemptions and deductions under sections like 80C, 80D, and 24(b) to help reduce taxable income legally.
Hiring a tax professional or lawyer can simplify this process, ensuring accuracy, claiming all eligible deductions, and helping you plan smartly to reduce your tax burden.
Stay informed. File on time. Save legally.