India’s tax system helps the government collect funds needed to operate public services, develop infrastructure, ensure defence and law enforcement, fund social welfare projects and much more. Taxes in India can be categorised as direct tax and indirect tax. Since these taxes impact everyone, understanding the basic tax concepts is essential for all of us. Read on to know details about how taxes in India work.

Tax rules can sometimes be hard to understand, especially when you’re busy with tasks like paying employees, working with contractors, or managing a business. One important rule you need to know about is the Tax Deduction and Collection Account Number (TAN). If you deduct or collect taxes for the government, you must have a TAN. Many people don’t realise how important it is until they’re close to a TDS (Tax Deducted at Source) or TCS (Tax Collected at Source) deadline. But the rule is clear: if you deduct or collect taxes, you need a TAN. No exceptions.

In this simple guide, you’ll learn what is TAN in income tax, why it’s important, how to get a TAN, and how to use TAN login for income tax services. Read on to know why Tax Deduction and Collection Account Number is so important for tax compliance and how it simplifies TDS/TCS management.

Home loans are those vehicles which make the common dream of ‘apna ghar’ for most of us a reality. And we all know when it comes to owing a house, the amount is anything but humble. So it’s best to do everything in one’s capacity to minimize the expenses. Knowing about the home loan tax benefits via exercising the methods given in the Income Tax Act, 1961 can significantly lower the expenses. This blog talks about this only, i.e. how to save income tax on home loan and everything surrounding the topic.

In the realm of taxation, understanding various components such as cess on income tax is crucial for taxpayers to comprehend their financial obligations to the government. Cess, in the context of income tax, refers to an additional levy imposed by the government for specific purposes. Here we discuss the intricacies of what is cess in income tax, including its types, filing procedures, and calculation methods.

Navigating courtrooms and staying up to date on cases may be difficult tasks in a constantly-evolving Goods and Services Tax (GST) world of India. The "Cause List in GST" notion comes into play here. The GST cause list is a calendar that features a schedule of cases, hearings and legal matters pertaining to a court(s) related to the GST.

Everything you need to know about cause lists in GST, including what they are, how to use them, and where to find them on the GST website, will be covered in this comprehensive lesson. Once you've finished reading, you'll understand how to stay up to date on the most recent changes in GST cases.