New Income Tax Rules for PAN Aadhaar Link , Rule 114AAA Income tax Rules from 01.04.2023 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 28th March, 2023 INCOME-TAX G.S.R.227(E).—In exercise of the powers conferred by section 139AA read with section 295 of the Incometax Act, 1961 (43 of… Read More »
Date Extended for Linking PAN with Aadhar till 30th june 2023 Last date for linking of PAN-Aadhaar extended Posted On: 28 MAR 2023 2:48PM by PIB Delhi In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June, 2023, whereby persons can intimate their… Read More »
Changes in Income Tax w.e.f 01.04.2023 1) New income tax regime to be default regime From 1st April 2023, the new income tax regime will act as the default tax regime. Assessee will still be able to choose old Tax regime. If the Salaried and pensioners opt new Tax regime then standard deduction for taxable… Read More »