CBDT Big Relief No Penalties for Inoperative PAN TDS/TCS Shortfalls

CBDT’s Big Relief: No Penalties for Inoperative PAN TDS/TCS Shortfalls

In a significant relief for taxpayers and businesses, the Central Board of Direct Taxes (CBDT) has announced a waiver of penalties and tax demands related to shortfalls in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) caused by inoperative PANs. This move addresses the issues faced by many who were hit with … Read more

PAN, Tatkal, GST, & Credit Cards: India’s Major Financial Shifts Starting July 1st

PAN, Tatkal, GST, & Credit Cards: India’s Major Financial Shifts Starting July 1st

July 2025 is bringing a significant wave of financial changes set to impact your personal finances across various sectors. From new tax compliance rules to railway ticket booking updates and revisions in credit card policies, here’s what you need to know: Key Financial Changes in July 2025 Aadhaar and PAN: A Tighter Link Starting July … Read more

Missing PAN Card? Don’t Panic! Apply for a Reprint Online

Missing PAN Card? Don’t Panic! Apply for a Reprint Online

Has your PAN card gone missing or been stolen? Don’t fret! Getting a duplicate PAN card online is a straightforward process. The PAN card is a vital document in India; without it, many essential tasks, like opening a bank account or filing your Income Tax Return (ITR), can’t be completed. What to Do First Before … Read more