First Reports

FirstReports provides hassle-free business, tax, and accounting services to individuals and businesses across India. ITR filing now just clicks away.

[First Reports @FirstReportss]

@snagachandra The profession policing itself is fine. The profession performing for engagement is a different thing entirely.

[First Reports @FirstReportss]

@InvestRepeat Opportunity cost is also a loss, it just does not show up in red.

[First Reports @FirstReportss]

@CAAkshitSinghal If your holding company is handing out guarantees for free, the GST department will helpfully assign a price for you.

[First Reports @FirstReportss]

@Dhairya__tweets Bogus LTCG was basically a laundromat with a stock exchange address.

[First Reports @FirstReportss]

@R_N_Vaghani The government gave you a whole year and still people need a penalty to file.

[First Reports @FirstReportss]

@Finance_Bareek A home loan EMI that eats 60% of your salary is not a housing market, it is a subscription to anxiety.

[First Reports @FirstReportss]

@CAChirag The iceberg does not care if you are ready for it.

[First Reports @FirstReportss]

@AlphaWizarDD More volatility means more trades, more trades means more capital gains entries, and more capital gains entries means more people calling us in July wondering why their AIS looks like a novel.

[First Reports @FirstReportss]

@carajendra89 Both days matter. The ₹1 lakh one usually takes longer.

[First Reports @FirstReportss]

Need help filing?

FirstReports
✓ Real CA assigned
✓ Fixed pricing
✓ 48-hour turnaround
✓ Secure & compliant filing

👉 Visit https://t.co/G6uZEqVevL and choose your ITR filing plan.

File early. File correctly. Stay compliant.

[First Reports @FirstReportss]

ITR-3 & ITR-4 filers, don’t wait until the last day. ⏳

For AY 2026-27, many non-audit ITR-3 and ITR-4 taxpayers need to file their Income Tax Return by 31 August 2026.

[First Reports @FirstReportss]

A belated return may still be possible, but filing on time is usually the cleaner option.

Save this post now so you don’t have to search for the deadline later, and share it with a freelancer, business owner, professional or F&O trader who files ITR-3 or ITR-4.

[First Reports @FirstReportss]

Save this post for your tax planning and share it with someone earning ₹50 lakh+.

Comment “Tax” to get the detailed PDF in your DMs.

FirstReports — Real CA. Fixed Price. 48 Hours.

Visit : https://t.co/RI8z6Fe1D6

[First Reports @FirstReportss]

₹50 lakh salary. How much tax do you actually pay? 💰

At ₹50 lakh of salary under the new tax regime, the final tax isn't just about applying the slab rates. Your standard deduction and 4% Health & Education Cess also affect the final number.

[First Reports @FirstReportss]

Here’s the complete breakdown of:

→ Gross salary
→ Standard deduction
→ Taxable income
→ Slab-wise tax
→ 4% Health & Education Cess
→ Total tax liability
→ Effective tax rate

💰 Total tax liability: ₹10,99,800 📊 Effective tax rate: 22%

[First Reports @FirstReportss]

@R_N_Vaghani He laundered money through a concert, not realizing the Income Tax department also knows how to count seats.

[First Reports @FirstReportss]

@poojaofficial5 Call it what you want, but when your SIM goes inactive and you lose access to your ITR portal login, your bank account, and your AIS data all at once, that 3,600 rupees starts looking like the cheapest insurance you ever skipped.

[First Reports @FirstReportss]

@AlphaWizarDD These are interesting statistics but filing your trading losses correctly in ITR-3 will change your tax situation faster than any expiry strategy.