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Shefali Mundra

Assistant Manager - Content

As a creative finance content writer and a Chartered Accountant by profession, I am deeply passionate about educating the masses about finance and taxation. To date, I have authored numerous blog posts covering a diverse range of topics on finance, taxation, trading, and investment for esteemed financial platforms. Driven by the commitment to enhance financial literacy, my ultimate goal is to demystify complex financial concepts into relatable insights and support educational initiatives in India.

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The latest articles by Shefali Mundra


E-Return Intermediary (ERI) Income Tax: Meaning, Registration, Eligibility, Benefits, List
Updated on Apr 29th, 2024 | 14 min read

From filing paper-based returns to this era of digital filings, return filing has transformed steadily over the last few decades. The onset of technology has brought significant changes in filing and the complexity of tax laws, leading to the emergence of e-return intermediaries. Those authorized individuals who help taxpayers in successfully filing their income tax returns are called e-Return Intermediaries. An e-return intermediary simplifies the complexities of tax compliance. It ensures that taxpayers can efficiently and seamlessly navigate the process. This blog will help you familiarise yourself with what an e-return intermediary is, its benefits and prerequisites, a list of ERI income tax, eligibility criteria, registration process, roles and responsibilities, and other relevant information.So, let's get started!Who are E-Return Intermediaries?Let's begin our understanding of ERI by understanding the meaning of e-return Intermediary.E-Return Intermediaries are certified professionals authorized to file income tax returns on behalf of taxpayers.


Tax-Free Income in India in 2024-25
Updated on Apr 23rd, 2024 | 13 min read

In India, certain income sources are not taxable under the Income Tax Act,1961. Known as tax-free incomes, the IT Department cannot deduct taxes on the incomes that fall under these exemptions. Hence, individuals can determine a way to save on their taxes by taking advantage of these exemptions while filing their ITRs (Income Tax Returns). It is crucial to be aware of tax-free income sources before filing your income tax return. The corresponding exemptions are also valid under the new tax regime, which is introduced as the default from the financial year 2023-24.


What is Toll Tax: Meaning, Rules, Validity, Time, Exemption List
Updated on Apr 18th, 2024 | 13 min read

What is Toll Tax in India?Road charges, often known as “tolls, "are the taxes you pay for using interstate expressways, bridges,  tunnels, and national or state highways. In India, the entire road network, including toll taxation policies and systems, falls under the purview of the National Highway Authority of India (NHAI).NHAI has laid down various rules and regulations that determine the collection process. These rules include certain exemptions for taxes, tax validity, rules on how the road charges for a particular highway/expressway are determined, and much more. In this article, we will learn about road usage charge collection, calculation, and other details about road charges in India.Why is Toll Tax Collected?India has one of the greatest roadway networks in the world. Road charges or taxes are collected to ensure that funds are constantly generated for road repair and maintenance. Hence, a paying station is often set up on roads, and the tax amount collected is used to maintain the quality of roads and improve infrastructure to ensure quick distance coverage.However, the charges for every expressway, highway, bridge, or tunnel are not the same.


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