In a major relief for income tax payers, the Income Tax Department has introduced a new online tool designed to help individuals understand and calculate their tax liabilities under the proposed Income Tax Bill. This user-friendly tool aims to bridge the gap between old tax provisions and the newly proposed amendments, ensuring that taxpayers can … Read more
A PAN card is an indispensable document issued by the Income Tax Department, crucial for almost every financial transaction in India. Unfortunately, scammers have found a new way to exploit this vital piece of identification by sending fraudulent emails urging people to download fake e-PAN cards. If you’ve received such an email, it’s imperative to … Read more
The Income Tax Department carried out a search and seizure operation on 11.11.2021 on a group at Pune which is engaged in manufacturing of heavy machinery like excavators, cranes, concrete machinery which are used in mining, piling and port, etc. Search operation has covered around 25 locations across 7 cities in India. During the course … Read more
A Taxpayers’ Lounge has been set up by the Income Tax Department in India International Trade Fair, 2021 at Pragati Maidan, New Delhi from 14th – 27th November 2021, for fostering awareness about various services provided by the Income Tax Department to taxpayers and to facilitate compliance with the various Income-tax rules and procedures. Shri … Read more
