I am as exhausted
as any other office-goers who everyday rush to catch trains, try to reach office
on time; dig in a pile of work and come to home only to have dinner and sleep. Aah,
what an exhausting week? No, it doesn’t stop here. We still have lot of work to
do at home. Pay bills, complete pending household chores and more to come. Our professional
and personal responsibilities are never-ending and so we will have to find a
perfect balance in between our office and personal life. Why? It’s because perfect
balance brings harmony in our life. You don’t trust me, do you?
Let’s take a simple example. Do you know
filing your IT returns render lot of benefits on a long term plus peace of
mind? Yes, you heard it right.
I was one
of those who ignored the importance of filing IT returns for a long time or
rather you can say I was lazy. The day I applied for a credit card and I got to
know about the credit score I started maintaining my credit score for good. I knew
it would help me in future as I; myself was thinking about home loan and
availing other benefits. Soon I started filing my IT returns as well and guess
what my financial side has become stronger giving me peace of mind. No matter
how busy I am or how much my professional life keep me on all my toes it is my responsibility
that I file my IT returns on a timely basis. When we can recharge our phones
and pay bills online, why not take time off and file IT returns for good? It is
anyways going in our favour.
The day I came
to know benefits of filing IT returns and I thought it would be wise to let
other fellow bloggers and my readers know. Below I have listed down some of the
benefits of filing IT returns that ensures peace of mind and lots of benefits
in return:
- Wish
to apply for a loan? Start filing IT returns on a regular basis and you could
end up having your dream loan sanctioned.
-
Okay
so you had a bad credit score in the past and now you wish to improve it, file
your IT returns regularly.
-
Visa
application for a foreign country could become a lot easier if you start filing
IT returns.
-
Have
an established record with an IT department when your IT returns in place.
-
Filing
IT returns regularly creates a strong financial background as your online transactions
contribute a financial credibility to the assessee resulting in easy fund
procurements.
-
Now
claim the amount of LIC premiums paid as deduction and reduce the tax liability.
-
IT
returns can be filed even after the due date as a belated return.
-
Even
if you have NIL records of financial transactions but submitting IT returns of
past three years to banks can result in smooth processing of loans such as home
loan, vehicle, education etc.
Filing
IT returns is a proof that all your income is legal and you own only white
money. Isn’t it making a sense to you now when IT returns provide benefits and
is lot easier to submit?
So have you
filed your IT returns? It could be yes, no or maybe but it’s never too late to
file income tax returns. Your time starts now!
“I’m taking
the #TaxPledge to file IT returns with the easy Income Tax efiling option from
H&R Block at BlogAdda.”