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TCS Rate Chart FY 2023-24, AY 2024-25

Tax Deducted at Source (TDS) means Tax deducted from Salay, interest, rent, dividends, etc.

TDS Rate Chart FY 2023-24, AY 2024-25

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Recently a matter came in the eye of government regarding of scam of refunds of Income Tax. The Government of India warns the taxpayer about this scam of Income Tax Refund processing and advise to take action against this.

Government warns about scam of Income Tax Refund processing

Sunil Kumar, 45, a daily wage labourer from Roorkee, was taken aback when he received a notice from the income tax (I-T) department demanding that he pay a whopping Rs 70 lakh as tax on his earnings.

Shocking Income Tax Notice of Rs. 70 lakh to Uttarakhand Labourer

There was no marginal relief prescribed with the implication that the once the income exceeds Rs. 7 lakh (say Rs. 7.05 lakh). This would mean that increase in Income Tax would be more than the increase in Income.

Income Tax Slab FY 2023-24: What is new Marginal relief given in Finance Bill passed from Lok Sabha

IndusInd Bank stated today that it has been connected with the Income Tax Department's newly introduced tax payment tool "TIN2.0."

Income Tax e-Pay Tax service is now enabled for IndusInd Bank

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