Does the term filing income tax return makes you break into cold sweat? Does the income tax deadline date give you sleepless nights? Or are you in the category of people who are simply ignorant about the idea of filing their income tax return.
I have news for you. If you aspire to go abroad for better career prospects then one of the essential documents to be enclosed is a copy of the income tax return. In the absence of such information a large number of countries reject a persons VISA application.
Another important aspect of filing an income tax return is that whenever a person applies for a loan, the loan giving agency such as bank or a financial company wants to establish your credit worthiness. They want to see if a person has a means of income to payback the loan. This is where a copy of ITR or income tax return comes in handy. It establishes the information as to how much a person earns and based on this information the lending company or bank processes the loan application. Therefore all those people who do not file income tax returns may forget the chances of getting a loan as their application would automatically be rejected in the absence of a copy of the income tax return.
A lot of people feel that filing an income tax return is a cumbersome process. For all these people I have good news.H&R block is a e-filing platform that makes your job of filing your return very easy. A few clicks of the mouse to send in your details to H&R block and their experts would do the job for you.
By filing an income tax return one is not only doing ones duty but is also doing our bit to help the country progress. It is with these taxes that the government collects from us citizens that it builds roads,hospitals and initiates so many other citizen welfare and nation building activities.
This makes one a responsible citizen of the country.
“I’m taking the #TaxPledge to file IT returns with the easy Income Tax efiling option from H&R Block at BlogAdda.”