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5 Benefits Of Filing Your Income Tax Returns Regularly

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We all know how important it is to file our income tax return, or ITR. Every year, lakhs of people in India file their ITR. Majority of them avail the help of professionals who are quite experienced in this field. There are many companies available that help filing taxes to their clients. No doubt, by hiring their services you can make the process of filing your income tax return a smooth process. When it comes to filing ITR, some people still think that it is only for those who earn more than the taxable amount. But, the truth is that a person can get his or her ITR filed even if he or she earns below the taxable limit. As per the latest rules from the Finance ministry, no tax has to be paid for income up to 3 lakhs per annum. So, if you are earning anything less than 3 lakhs per year, you do not have to worry about giving any tax. Few reasons to file ITR There are many benefits associated with the filing of ITR, even if your income falls in the non-taxable category. Some of