Explaining : Form 26AS, AIS and TIS in income tax

• by Vaibhav
• Updated: July 15th, 2025

Understanding AIS, TIS, and Form 26AS Before Filing ITR
Before filing income tax returns, it is essential for taxpayers to review key documents such as Form 26AS, the Annual Information Statement (AIS), and the Taxpayer Information Summary (TIS). Together, these statements...

Filing a nil ITR: 6 unexpected benefits from getting a travel visa, loan, scholarship & more

• by Vaibhav
• Updated: July 15th, 2025

Filing an income tax return (ITR) offers several advantages.

If your total income for the financial year 2024–25 (assessment year 2025–26) is below the basic exemption limit, or you haven’t engaged in certain specified transactions, you are not obligat...

How to file ITR-2 form: 10 documents you need to file ITR-2

• by Vaibhav
• Updated: July 15th, 2025

As the deadline for filing Income Tax Returns (ITR) for the financial year 2024–25 approaches on July 31, 2025, it becomes crucial for taxpayers to select the appropriate ITR form. While ITR-1 remains a commonly used form for salaried individuals with strai...

“ITR-1 (Sahaj) for FY 2024–25 (AY 2025–26): Eligibility, Applicability, and Filing Process”

• by Vaibhav
• Updated: July 15th, 2025

What is ITR 1?

“ITR-1, also known as the Sahaj Form, is an income tax return form applicable to salaried individuals whose total income does not exceed ₹50 lakh.”

Eligibility Criteria for Filing ITR-1 for FY 2024–25 (AY 2025&...

Financial Dilemma of a salary increment? Increase your EMI’s or invest elsewhere

• by Vaibhav
• Updated: June 30th, 2025

When you get a salary increment, should you plan to finish your existing home loan early by increasing your EMI? Or should you invest the additional income elsewhere? Which is more beneficial? A comparison might help.

Most people in our country, when th...

"An effective home loan prepayment strategy: Cutting down interest costs & shortening the repayment period."

• by Vaibhav
• Updated: June 30th, 2025

"While the new tax regime streamlines income tax filing and provides reduced tax rates, it eliminates many commonly claimed deductions. For home loan borrowers, this means losing the Rs. 2 lakh deduction on interest payments under Section 24(b) and the Rs. 1.5 lakh deduction on principal rep...

Tax Benefits You Might Be Missing During Income Tax Filing in India

• by Nidhi
• Updated: June 20th, 2025

Filing your Income Tax Return (ITR) can often feel like a tedious, confusing task, especially when it comes to finding all the deductions and benefits you're eligible for. Most of us end up filing our ITR just to get it over with, without fully taking advantage of the tax-saving options avail...

Real Estate Dispute in India: How to Legally Handle Property Disputes & Claims

• by Nidhi
• Updated: June 20th, 2025

Dealing with a real estate dispute in India can be overwhelming. Whether it's delayed possession, builder defaults, inheritance conflicts, or fraudulent property transactions, these issues can disrupt your peace of mind and financial stability. In fact, property disputes are among the most co...

Buying a House in India? Must-Check List Before Making the Move

• by Nidhi Dixit
• Updated: June 20th, 2025

Buying a house is one of the biggest financial decisions you'll ever make. It's exciting, emotional, and yes, a bit overwhelming too. Between floor plans, location hunting, paperwork, and loan approvals, there's a lot to manage. But here's the tricky part: if you miss even a small...

Insurance Claim Rejected? Claim rejection reasons and How to Avoid them

• by Nidhi Dixit
• Updated: June 18th, 2025

You've paid your insurance premiums on time, followed all the rules, and trusted that your policy will have your back when things go wrong. But when it’s time to file an insurance claim, it gets rejected. Sounds frustrating, right? Sadly, this happens more often than you’d think. ...