No IT Scrutiny on Deposits of Senior Citizens Upto 5 Lakhs

The Income Tax Department of Government of India has exempted the deposits made by senior citizens from scrutiny. As per the latest guidelines, the cash deposits by the citizens above 70 years during demonetization period will not be scrutinized by the Income Tax Department. The deposits worth Rs. 5 lakhs will not attract any scrutiny. … Read more

Get Online PAN Card in Minutes through e-KYC

The Central Board of Direct Taxes (CBDT) is on its way to bring out more reforms. The CBDT is working on issuing PAN on a real time basis using Aadhaar’s e-KYC facility. With this you may soon be able to get a permanent account number in minutes and also pay income tax through your smartphone … Read more