The Income Tax Department is issuing around 1,000 notices to taxpayers in Vidarbha and Marathwada, requiring them to disclose foreign assets. Failing to report foreign assets could lead to penalties ...

Many issues might arise when a seller fails to provide their PAN, particularly when it comes to tax deduction at source (TDS) ...

As we have learned in our earlier article that documents like PAN cards, Aadhar cards, and ration cards are very important ...

To apply for a PAN card, one can visit online portals like Protean (NSDL eGov), UTITSL, or the Income Tax E-filing Portal.

Are you holding multiple PAN cards? The government is cracking down on extra PAN cards under the new PAN 2.0 system.

For individuals preparing for retirement, investing in pension funds can be a prudent choice, as they typically yield ...

In a landmark decision, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has ruled that a Rs 3 crore gift from a ...

The Income Tax Department is scrutinizing donations to Registered Unrecognised Political Parties (RUPPs), questioning the validity of tax deductions claimed under Sections 80GGC/80GGB due to ...

Sanjay Malhotra, who is from Rajasthan, is known for tax reforms, appointed RBI Governor, with expertise in finance and ...

PAN 2.0 rules state Indian PAN cardholders can request a reprint of their PAN card. The reprinted PAN card with the QR code ...

Taxpayers face late filing fees under Section 234F for the fiscal year 2023-24. Individuals earning under Rs 5 lakh pay a ...

The appointment of Revenue Secretary Sanjay Malhotra as the new Governor of the Reserve Bank of India has left a huge vacancy ...