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ITR verification: Income tax important message for taxpayers

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The Income Tax department has issued an important message for taxpayers regarding income tax returns (ITR verification). Income Tax India has recently shared a...

Income Tax last date today over 6 crore ITRs have been...

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The deadline for filing the Income Tax Returns (ITR filing) expires today for taxpayers. If you haven’t filed your ITR for AY 2023-24 (FY...

Income Tax India update on linking PAN with Aadhaar

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Income Tax India has recently shared a tweet through the official Twitter handle on linking PAN with Aadhaar. The Income Tax India tweet said, "Dear...

Working 12 hrs per day to pay over 50% of my...

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A Flipkart employee shared his frustration of paying taxes on both earnings and spending which turned out to be over 50% of his earning. Sanchit...

PwC to TCS top scams that hit the companies in 2023;...

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According to reports, Around 66% of Indian companies have experienced at least one instance of economic crime and scams in the past two years,...

File ITR as govt not contemplating extension of July 31 deadline

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Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of...

No income tax up to Rs 7.27 lakh per annum: Finance...

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Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and shared tax benefits including income tax exemption for those earning up...

Income tax refund scam, notices slapped on 100 staff of tech...

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The Income tax department has recently issued notices that have slapped nearly 100 staff. These employees are from various tech companies, police, and South...

Income Tax issues clarification on PAN-Aadhaar linking

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The income tax department has issued a clarification on PAN-Aadhaar linking regarding difficulties faced by individuals in Aadhaar-PAN linking. Income Tax has shared a Tweet...

Leave Encashment limit increased for salaried employees

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Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employees. The tax exemption on leave encashment of non-government salaried...