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The Dos and Don’ts for filing Income-Tax Return

In this Finance Buddha PPT, know The Dos and Donu2019ts for filing Income-Tax Return as the last date for filing income tax returns is almost here.<br><br>For More info about these documents https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/<br><br>Do you want to apply for same day loans https://financebuddha.com/insta-loan

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The Dos and Don’ts for filing Income-Tax Return

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  1. https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/

  2. There is a lack of financial knowledge as well as tax awareness among many. So, before you start filing your tax returns, it is necessary that you are aware of the essential dos and don’ts of tax filing so that they can avoid last-minute errors. Here are some of the do’s and don’ts which will help you file your tax returns yourself. https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/

  3. Do’s • Keep Your Documents Organized • Know which tax slab you fall under • Choose the Correct ITR Form • Don’t hide your income • The calculation is a Must https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/

  4. As per the New Income Tax Slab  • Up to ₹2.5 lakh – Nil • ₹ 2,50,001 to ₹ 5,00,000 – 5% • ₹ 5,00,001 to ₹ 7,50,001 – 10% • ₹ 7,50,001 to ₹ 10,00,000 – 15% • ₹ 10,00,001 to ₹ 12,50,000 – 20% • ₹ 12,50,001 to ₹ 15,00,000 – 25% • Above ₹15,00,000 – 30% https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/

  5. Don’ts • Incorrect Information • Claiming Deduction on your Investments • Forget to Calculate the Tax Liability • Try Not to Delay https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/

  6. Thank You! https://financebuddha.com/blog/the-dos-and-donts-for-filing-income-tax-return/

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