Income Tax Department clarifies why many taxpayers who claim tax deductions, exemptions got intimation emails; know what to do

The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...

Aadhaar-PAN linking mandatory by 31 December 2025 – here's a last-minute guide for taxpayers

Taxpayers must link Aadhaar with PAN by 31 December 2025 to maintain PAN validity. The process can be completed online, requiring a valid PAN, Aadhaar number, and mobile number.
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No tax rebate for special-rate incomes, reiterates Income Tax Dept, asks taxpayers to pay up by December 31

The Central Board of Direct Taxes (CBDT) has once again made it clear that tax rebate under section 87A tax rebate on special-rate incomes such as short-term capital gains will not be allowed. Several ...

Finance dept directs timely remittance of TDS, warns of disciplinary action

The finance department has issued a circular directing officials of the state audit and accounts department to remit tax ...