Tip Tuesdays: File Your Income Tax Returns on Your Own this Year

by Vinaya HS on May 26, 2009

in Finance

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For most of us, filing our income tax returns involves paying someone else to do that for us. The most common reason: “Oh. But I don’t know how to.” Filing income tax returns is pretty straightforward — all it requires is a little bit of reading and the right documents. The software (another one) handles all the complexity.

Give it a shot this year. File your income tax returns on your own. The learning is priceless.

Tip Tuesdays is my initiative to share practical personal finance tips — every Tuesday. I’d be delighted if you could share a tip or two from your own experiences. Drop a comment to submit your tip. And, as always, do spread the word if you find this useful.




Thanks for reading this article. I'd love to hear your opinion. Please use the comments section below to share your thoughts. I frequently write new articles that also cover several other aspects of personal finance including credit cards, financial goals, health insurance, income tax, life insurance, mutual funds, retirement planning, and much more. You can Subscribe through Email and receive new articles directly in your Inbox or you can Subscribe through the RSS Feed and receive new articles in your feed reader.

{ 2 comments… read them below or add one }

Anoop May 26, 2009 at 6:56 AM

In singapore, we are supposed to file our own tax, which includes calculating our tax returns and submitting the information online :-), Don’t you think that is really cool?, it saves us a lot of time as govt sends sms or emails to all its residents reminding them about the due date and the website with all the forms attached, a very efficient way of managing things. I am not sure if India has the same procedure of filing income tax returns online.

AB January 4, 2010 at 1:22 PM

Tax in India?? does it have a branded profit included in it??

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