03 Apr Income tax department cracks down on PAN fraud for false HRA claims
The income tax department has unearthed a scam involving the fraudulent use of permanent account numbers (PAN) to claim house rent allowance (HRA) without actual tenancy....
The income tax department has unearthed a scam involving the fraudulent use of permanent account numbers (PAN) to claim house rent allowance (HRA) without actual tenancy....
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In today's globalized economy, where cross-border transactions are commonplace, compliance with tax regulations is critical for both governments and businesses....
Beyond Section 80C, there exist numerous avenues for tax savings. In FY 2023-24, explore various deductions such as NPS contributions, health insurance premiums, medical expenses, home loan interest, electric vehicle purchases, charitable donations, savings account interest, and tax rebates....
The government, in the interest of the public, has opted to prolong the validity of FCRA registration certificates....
The CBDT, through Notification No. 37/2024 dated March 27, 2024...
The Income Tax Department has published a revised TDS Rate Chart for the Financial Year 2024-25 (Assessment Year 2025-26). ...
Navigating the intricacies of financial regulations, particularly concerning Micro, Small, and Medium Enterprises (MSEs), requires a comprehensive understanding of pertinent legal frameworks....
April 1 signifies the start of a fresh fiscal year and holds great importance for personal finances, as many income tax adjustments from the Budget come into effect on this date....
The difference between tax saving and tax evasion becomes apparent when individuals seek deductions under sections 80GGB/80GGC of the Income Tax Act 1961 for contributing funds to a political party or an electoral trust....
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