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Taxpayers take note! Income Tax department recovers Rs 37,000 crore from individuals not filing returns despite taxable income

An expanded and stricter tax collection and TDS system has helped identify significant transaction. (Image source: Freepik) Income Tax Department’s extensive crackdown!...
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Economy

Tough to mop up taxman’s outstanding demand

The outstanding tax demand of the income-tax department has grown more than fourfold to ₹42 lakh crore as on October 1 this year,...
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Business

PAN 2.0: Why you should apply for new PAN Card with QR code – top 5 benefits explained

Experts are of the view that individuals holding older white PAN cards those without QR codes should apply for PAN 2.0. (AI...
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Economy

CBDT launches compliance-cum-awareness campaign for AY 2024-25 to assist taxpayers in reporting foreign assets and income

New Delhi: The Central Board of Direct Taxes (CBDT) has launched a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to assist taxpayers in...
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