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Income Tax Department cautions taxpayers against rise in fake emails, SMS scams

Income Tax Department cautions taxpayers against rise in fake emails, SMS scams

by AIP Online Bureau | Dec 13, 2025 | Eco/Invest/Demography, Indian News, Risk Management

Fraudsters, the Department warned, are increasingly using fake sender IDs, misleading links and look-alike websites to trick individuals into revealing sensitive details such as PAN numbers, passwords and one-time passwords (OTPs).The Department has reiterated that...

Budget FY25-26 : Taxpayers seek income tax cuts – Survey

by AIP Online Bureau | Jan 22, 2025 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Grant Thornton Bharat, Partner, Akhil Chandna said an increase in NPS tax deduction limits and more flexible NPS withdrawal rules would certainly promote retirement savings in the hands of taxpayers New Delhi: As many as 57 per cent of individual taxpayers want taxes...

Gujarat witnesses 49% surge in crorepati taxpayers

by AIP Online Bureau | Aug 29, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Comparatively, the count of individuals with taxable income exceeding Rs 1 crore surged by 4,500, reaching a record-breaking figure of 14,000, as indicated by official statistics, in contrast to the 9,300 individuals in the same bracket in the preceding year of 2021....

Taxpayers can now claim refund of IGST on ocean freight: Experts on SC judgement

by AIP Online Bureau | May 22, 2022 | Eco/Invest/Demography, Indian News, Non-Life

Giving its ruling in the Mohit Minerals case, the Supreme Court held that since the Indian importer is liable to pay IGST on the ‘composite supply’, comprising of supply of goods and supply of services of transportation, insurance, etc in a CIF (Cost...

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