Income Tax Saving Options: If you want to save on tax payment then this news is useful for you. In such a situation, today we are going to tell you such tricks, by which you can save your money.
Income Tax Saving: It is important to deposit income tax on time. But you can save on tax payment in some ways. In such a situation, today we are going to tell you such tricks, by which you can save your money. Actually, you can make bumper savings by paying income tax through select credit cards.
Speaking to ET, Ankur Mittal, co-founder and CTO of CardInsider.com, said, “Only a few credit cards in India offer reward points on income tax. Some select cards, such as HDFC BizBlack and HDFC BizPower credit cards offer reward points for tax payment. These cards save up to 16 per cent and 8 per cent respectively on income tax and GST payments.”
Milestone rewards on these credit cards
Mittal further said that apart from these, you can also use other credit cards like SBI Vistara Cards/IDFC Vistara Card which also offer milestone rewards on payment of income tax such as SBI Vistara Card/IDFC Vistara Card, where you can get complimentary flight tickets on reaching the milestone.
July 31 is the last date to file ITR
If you have not filed income tax return for the financial year 2023-24 (AY 2024-25), then hurry up. Actually, July 31 is its last date. After this, a fine will be charged by the Income Tax Department. If someone does not file ITR even by July 31, then he is given a chance to file belated return by December 31 with a penalty.
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