Arthnivesh, the finance club of TAPMI, successfully hosted the “Axe Your Tax” workshop—a hands-on learning experience aimed at helping students understand and maximize their tax benefits. This interactive session provided participants with practical insights into income tax, including key deductions, filing processes, and optimizing savings under both the Old and New Tax Regimes.
💡 What Students Learned:
- Income Tax Fundamentals: Understanding different heads of income (salary, capital gains, business, etc.) and how taxes are calculated.
- Tax Deductions & Benefits: Insights into Section 80C (investments), 80D (medical insurance), and HRA exemptions to minimize taxable income.
- Old vs. New Regime Comparison: Choosing the most beneficial tax structure based on their income and deductions.
- ITR Filing Process: A step-by-step guide on how to calculate income, apply deductions, and file Income Tax Returns (ITR) using real-life examples.
🧾 Hands-On Experience:
Participants got the opportunity to work through real-world scenarios, learning to navigate tax calculations and file their returns confidently. The workshop bridged the gap between theory and practice, empowering future professionals with essential financial literacy skills.
📢 Stay Connected:
Follow @arthnivesh on social media or reach out via arthnivesh.tapmi@manipal.edu for more insights and future events!
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