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How to save tax in India ( Old tax regime) ?

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Writer: Bizzport Consultants Enhance Your Tax Savings: A Guide for Salaried Individuals in India Discover smart ways to optimize your tax savings, avoiding the common pitfall of procrastination. In India, the financial year runs from April 1 to March 31, making March 31 the crucial deadline for actions like investments. Many individuals only take tax matters seriously when seeking refunds or facing additional tax payments. However, by July, when tax return filing occurs, March is long gone, leaving individuals with limited options and often resorting to dubious practices. In such scenarios, some tax preparers exploit the urgency, charging a percentage fee, typically 15% of the tax saved or refunded. This approach involves high risks, exposing clients to legal repercussions. For those with no tax expertise but substantial earnings, it's vital to question how a tax preparer can secure more refunds or reduce tax liability within the same legal framework applicable to everyone. To simp...

Online Bookkeeping : How & Why ?

In this modern era, businesses are constantly seeking efficient and streamlined solutions to manage their financial records. As a reputable service provider, we understand that you prefer on-site bookkeeping, but we'd like to introduce you to the incredible benefits of online bookkeeping, which can revolutionize the way you handle your financial transactions and reporting.   Step-by-Step Guide to Setting Up Online Bookkeeping:   1. Choose a Reliable Online Bookkeeping Service: Begin by selecting a reputable online bookkeeping service provider that aligns with your business requirements. Look for a platform that offers user-friendly interfaces and robust security measures to safeguard your sensitive financial data.   2. Data Migration and Integration: Once you've chosen a service, the next step involves migrating your existing financial data to the online platform. Reputable bookkeeping services will guide you through the data integration process, ensuring a se...