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Understand Taxes. Save Taxes. Step by Step.

Learn how tax works in real life and how to legally reduce tax on Salary, Trading, Business & Property.

Updated as per current Financial Year Educational & Legal Guidance Only Simple Language
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Tax is More Than Just Salary

Tax is not only on salary. In real life, tax applies when you earn, spend, invest, or own assets.

Salary Income

Income Tax on your monthly earnings

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Trading & Investment

Capital Gains / Business Tax on profits

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Business & Freelancing

Income Tax + GST on revenue

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Property

Rental & Capital Gain Tax

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Daily Spending

GST on purchases

Types of Taxes in India

Get basic clarity before you start saving tax

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Income Tax

Tax on salary, business, trading, and property income

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GST

Goods and Services Tax on all purchases and services

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Capital Gains Tax

Tax on profits from investments and property sales

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Professional Tax

State-level tax on professional income

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Property Tax

Annual tax on owned real estate

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Special Taxes

Crypto, lottery, gifts - special tax rates apply

How to Save Tax Legally

Follow this step-by-step guide to reduce your tax burden legally

1

Identify Income Type

Salary | Trading | Business | Property | Multiple

2

Choose Tax Regime

Old vs New Regime with expert guidance

3

Use Deductions

80C, 80D, NPS, HRA, Standard Deduction

4

Claim Expenses

Business and trading related expenses

5

Adjust Losses

Set off losses and plan advance tax

Category-Wise Tax Guides

Find your income category and get specific guidance

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Salary Tax Guide

  • • How salary tax is calculated
  • • How to reduce salary tax
  • • Real examples with numbers
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Trading & Investment Tax Guide

  • • Intraday, F&O, Delivery, Mutual Funds
  • • Crypto trading taxation
  • • Loss set-off strategies
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Business & Freelancing Tax Guide

  • • Presumptive taxation scheme
  • • Business expenses deduction
  • • GST basics for freelancers
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Property Tax Guide

  • • Rental income taxation
  • • Home loan benefits
  • • Capital gains reinvestment

Not sure? Ask our AI Tax Assistant

Explain taxes in simple English

No jargon, easy to understand explanations

Guide step by step

Personalized roadmap for your situation

Suggest legal tax saving options

Only legitimate ways to reduce your tax

Recommend correct ITR type

File the right form for your income sources

AI assistant is for educational purposes only

AI

Tax Assistant

Online and ready to help

Hi! How can I help you save tax today?

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Watch Tax Explained Videos

Didn't understand? Watch simple 1-3 minute videos

How Income Tax Works

Simple explanation of tax slabs and calculations

2 min watch

Save Tax Legally

Top deductions and rebates you can use

3 min watch

Trading & Business Tax

F&O, intraday, and business income explained

3 min watch

When & How to Pay Tax

Avoid penalties and mistakes with proper timing

Advance Tax Dates

  • • 15th June: 15% of tax
  • • 15th Sept: 45% of tax
  • • 15th Dec: 75% of tax
  • • 15th March: 100% of tax

TDS vs Self-Assessment

TDS: Deducted at source

Self-Assessment: Pay remaining tax yourself

Pay Online

  1. • 1. Visit incometax.gov.in
  2. • 2. Select e-Pay Tax
  3. • 3. Enter details & pay

ITR Filing Timeline

  • • July 31: For salaried
  • • Sept 30: For business
  • • Dec 31: With audit

Trust & Accuracy

Built on official sources and current tax laws

Current Laws

Based on Income Tax Act 2024-25

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Official Sources

References to CBDT and ITD

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Last Updated

March 2024

Educational content only. Not financial advice. Consult professionals for complex situations.