Caution! These 5 Major Financial Transactions Are Under Direct Income Tax Scrutiny, Know the Rules to Avoid Notices
In the digital age, the ways of handling money transactions have changed, and along with it, the Income Tax Department's…
tax rules
19 articles tagged
Received a Costly Gift from a Friend? Here’s How Much Tax You’ll Have to Pay
Tax is the main source of income for the government. The government uses the money collected from taxes for the…
Income Tax-Bank Account Link Process Step By Step
Income Tax Return (ITR): Individuals will soon begin submitting their tax returns for the financial year 2024-25. It is important…
Can You Be Fined 100% for High Cash Transactions? Know the Latest Tax Rules
The government wants to promote digital transactions, so rules have been set to prevent payments in cash beyond a certain…
PAN Card Update: Have More Than One PAN? You May Face Rs 10,000 Fine—Check Rules Now
If you have more than one PAN card, be careful. The Income Tax Department has decided to take strict action…
Savings Account Alert: Avoid Transactions Above This Amount to Prevent Income Tax Scrutiny Under New Rules
We keep our savings in savings accounts, but there is a limit to this. If we have more money in…
Tax Rule Change: New Stock Market Tax Regulations Take Effect Today – Here’s What You Need to Know
From This year October 1 Indian government has announced several financial rules. These rules including those related to health insurance,…