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INDIVIDUAL TAX PAYER
PMJJBY, PMSBY settle claims worth Rs 25,160 cr since their launch in 2015Jansuraksha schemes have settled claims worth over Rs 25,160 crore. Pradhan Mantri Jeevan Jyoti Bima Yojana settled more than Rs 21,500 cro...- 12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
- Revised post office transaction norms based on New Income-tax Rules, 2026: PAN mandatory for these transactions; more rules explainedThe Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a PAN must subm...
- As $166 billion tariff refunds begin, will consumers get tariff refunds in 2026? When will payments be released and how fast will they move?$166 billion is now being returned under tariff refunds 2026. This massive payout follows a ruling by the U.S. Supreme Court. It has trigge...
- Is the Indian middle class dream over? Saurabh Mukherjea on the 3 forces crushing your futureIndia's middle class is in deep trouble. Education no longer guarantees prosperity. Jobs are disappearing, especially in IT. Wages are not ...
- Form 121 for EPF members: EPFO clarifies who needs to file new form instead of Forms 15G, 15HThe Employees’ Provident Fund Organisation (EPFO) has replaced Forms 15G and 15H with a single Form 121, effective April 1, 2026, under the...
- New Form 141 introduced for TDS filing: 4 existing forms merged into one challan-cum-statementThe Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form sim...
- Form 121 replaces Form 15G, 15H for TDS filing: Check who should file, purpose and key details explainedForm 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior citizens to declare i...
- These tax payers can’t use new rule to update income tax returns, says Budget 2022As per the budget memorandum, individual taxpayers will not be able to use this facility if the updated return leads to lesser total tax li...
- Key Budget 2021 announcements that impact individual tax payersWhile no changes have been proposed to the personal tax rates, the budget contains various relief measures and proposals to facilitate ease...
- Individuals' advance tax date is 3 months earlier this year: Pay by June 15 else bear heavy interestThis has significantly increased the income tax compliance burden on individual tax payers.
- Budget 2016 ups tax compliance burden on individuals: advance tax due 3 months earlier nowBudget 2016 has made the first advance tax instalment payable by June 15 for individuals instead of September 15 earlier.
- Mahendra Singh Dhoni pays Rs 20 crore income tax in 2013-14Dhoni has paid Rs 20 crore income tax in 2013-14 to retain his pole position as the highest individual tax payer in the Bihar and Jharkhand...
- M S Dhoni set for hat-trick as highest individual tax payer'M S Dhoni has paid Rs 12 crore so far. We expect he would become the highest income tax payer in the individual category from the state wh...
- Government’s bid to widen tax base comes unstuckThe government's efforts to widen the tax base are not paying off. New tax payers added over the past three years show a decline.
- I-T mulling engaging Dhoni to better tax collectionThe income tax (I-T) department in Jharkhand is working on a plan to appoint Team India skipper Mahendra Singh Dhoni as its brand ambassado...
- Shah Rukh Khan in top 20 income tax payers listNone of the industrialists are among the top-20 list though Shah Rukh Khan (8th) and Mayawati (19th) have figured on the list. Facts of fil...
- I-T Dept gearing up to check tax evasionThe Income Tax Dept is gearing up to prepare a 360-degree tax profiling of individual tax payers in the country to keep a tab on tax evasio...
- Budget wish: Take more salary homeWhat would individual tax payers want from the forthcoming Union Budget?
- AIR to door: Taxman won’t come knocking at willThe recent uproar over the income tax department seeking cash flow statements of individual tax payers could result in some safeguards bein...
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