Blogs & Articles

Paying income tax is a legal responsibility, but paying more tax than required is not. The Income Tax Act provides several deductions that allow taxpayers to reduce their taxable income through eligible investments and expenses. Among the most popular tax-saving provisions are Section 80C, Section 80D, and Section 80CCD. These deductions are especially beneficial for salaried employees, self-employed professionals, and business owners who opt for the old tax regime. In this guide, we'll explain how these sections work, who can claim them, their deduction limits, and practical tips to maximize your tax savings.

The answer is not always. While many private limited companies are required to obtain GST registration, it depends on the nature of the business, turnover, and specific GST provisions. In this guide, we'll explain everything you need to know in simple language.