Many salaried individuals claim House Rent Allowance (HRA) to save tax, but not everyone follows the tax rules correctly. The Income Tax Department has started sending notices to those who claimed HRA ...
As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income ...
Draft Income-Tax Rules 2026 aim for voluntary compliance but require crucial changes to prevent taxpayers from paying twice. Key issues include protecting deductees from deductor defaults, ...
Many people living in rented houses focus mainly on paying monthly rent on time, but very few are aware that income tax rules ...
The Central Information Commission has urged the Income Tax Department to create a taxpayer-friendly mechanism to address grievances, noting that taxpayers often struggle to resolve discrepancies in ...
Advertising payments on Google Ads attract 2% TDS under Section 194C of the Income Tax Act. Businesses must deposit the tax separately and can recover the amount as ad credits after submitting Form ...
Advance tax means paying your income tax in instalments during the financial year, instead of paying the entire amount while filing the income tax return. It becomes applicable when a taxpayer’s total ...
Salaried employees claiming HRA may soon face tighter disclosure norms under the Draft Income-tax Rules, 2026. The CBDT has ...
As the financial year draws to a close, millions of salaried taxpayers across India enter a decisive phase. What was once a routine process of submitt.