Planning to file your ITR? Here are 9 key tips for first-time taxpayers

You must understand that filing income-tax returns can be quick and smooth as long as these key aspects are taken into consideration

The tax-filing season can be stressful, even for the regular taxpayer who has been filing his returns for years. And, it will be all the more if one is a first-time taxpayer. However, you must understand that filing income-tax returns can be quick and smooth as long as certain key aspects are taken into consideration. Let us talk about nine important points that you as a first-time taxpayer should keep in mind this financial year.

1. Understanding the income slab you fall under

First and foremost, you need to determine the income slab you fall under to determine your tax