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27Mar 2026

New Income Tax Rules for Salaried Employees

New Income Tax Rules Simplify Compliance For Salaried Why in the News ? The government has notified the Income-tax Rules 2026 under the Income-tax Act 2025, introducing simplified procedures, revised deductions, and new compliance norms similar to environmental clearances in project approvals. The changes aim to ease tax filing while offering greater flexibility between the …

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29May 2024

INCOME TAX DEPT MANDATES PAN-AADHAAR LINKING BY MAY 31 TO AVOID HIGHER TAX DEDUCTION

Why in the news? The income tax department urges taxpayers to link PAN with Aadhaar by May 31. Failure to link PAN with Aadhaar may result in tax deduction at a higher rate, as per income tax rules. If PAN is not linked with Aadhaar, TDS is required to be deducted at double the applicable …

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