As we all know for Indian people there are PAN cards, Aadhar cards, ration cards, and many other documents, which are used ...
However, ITAT Mumbai overturned this decision, noting that the appellant had already declared the amount as business income and provided relevant documentation, including PAN and bank details of Mr.
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Professional tax is a mandatory deduction for salaried employees in India, levied by state governments on earnings from various professions.
The Income Tax Department (ITD) is upgrading the existing PAN card systems in India through a new e-governance project called ...
Complying with India’s thicket of rules can be stressful. While ChatGPT might save us from the vague verbosity of government documents, untangling the country’s complex rules and regulations could ...
Under the new bill, individuals who are eligible to obtain an Aadhaar number must provide it when applying for a PAN and ...
The PAN Card was introduced to help the IT Department fight tax evasion. This unique 10-digit number offers a streamlined ...
Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...
On February 1, 2025, the Union finance minister submitted her submissions on revised Procedures, amendment of Sections, Tax proposals (both Direct and Indirect), etc. There was also the announcement ...
Finance Minister Nirmal Sitharaman announced a new tax slab during the Union Budget 2025-26 presentation, increasing the income tax exemption limit to Rs 12 lakhs. This move aims to reduce the tax ...
Here is the brief summary of all the key taxation changes introduced in Union Budget 2025: Nil tax for individuals with annual income up to Rs 12 lakh ... higher TDS deduction will now apply only in ...