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#incometaxdepartment Tag

Financial Planning, Income Tax, Retirement Planning, Tax Planning

What Is Gratuity Tax & How to Save Tax on Retirement Benefits?

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byfintooSeptember 9, 2025

Many employees believe that all retirement payouts—gratuity, pension, and PF—are tax-free. The truth? It’s more nuanced. This guide will walk you through what’s tax-free, what’s partially taxable, and how to plan smart for your golden years. 1. What Is Gratuity? Gratuity is a one-time lump sum your employer pays you as a gesture of gratitude for long-term service—typically after at...

Friday First Cut

How to File your ITR on New Portal? – FFC episode 31

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byfintooJuly 16, 2021

The Income Tax filing season has started and Do you also wish to file your ITR on your own? This year, the government has launched a new e-filing portal to make tax filing Faster, Easier & Efficient. Our latest Friday First Cut Episode will guide you through the complete process on How to File your ITR. If you are a Salaried Individual along with a Bank Interest Income...