Income tax in India
The Income Tax is a direct tax that is imposed every year. The year-long count begins on 1st April through 31st March. The tax portal of the government www.incometax.gov.in offers a platform to submit the filing of your ITR filings and updates.
In India it is mandatory if your income exceeds Rs.2.5Lac in a year, or you are seeking to claim back the excess TDS that you have deducted.
Tax filing aids you speed up the process of home loans, business loans as well as your Visa procedure, and ensuring compliance in accordance with your obligations under the Act. for any advisory service on the Income-tax, Contact US today!