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    Income tax is a type of tax that the Union government charges on the income earned during a financial year by the individuals and businesses. Taxes are a major source of revenue for the government. The government utilizes this revenue for developing infrastructure, providing healthcare, education, subsidy and other government welfare schemes. Taxes are mainly of two types, direct taxes and indirect form of taxes. Tax levied directly on the income earned is called as direct tax, for example Income tax is a direct tax. The tax calculation is based on the income slab rates applicable during that financial year. Everyone who earns or gets an income in India is subject to income tax. The Income Tax Act includes all the provisions that govern the country's taxation. Every year, the Finance Minister presents a budget in February. The Union Budget brings in various amendments to the Income Tax Act. The most recent Union Budget presented by the current Finance Minister included the introduction of a new tax regime. Apart from the Income Tax Act, the other components of the income tax law are income tax rules, circulars, notifications and case laws. All of these help in the implementation of income tax law and collection of taxes. More

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    • New PAN rules from April 1 2026, for taxpayers: What you need to know

      The name on the PAN card must match the name in the Aadhaar records. Any mismatch could lead to rejection, so it is important to verify Aadhaar details beforehand

    • TCS NQT admit card 2026 out at tcsion.com: Download hall ticket for April exam cycle; direct link here

      TCS has released the NQT admit card 2026 for the April cycle exam scheduled on April 14. Candidates can now download hall tickets online. What details are mentioned and how to access it?

    • What to do if someone takes a loan using your PAN

      PAN misuse doesn’t just hit your credit score — it can quietly drag you into legal and financial trouble if you don’t act fast.

    • PAN card address update: How to change it using Aadhaar and why you shouldn’t ignore it

      Your PAN address rarely causes trouble, until the day it does. Updating it early can save a lot of back-and-forth later.

    • Missed December 31st PAN-Aadhaar deadline? Here's what happens from January 1, 2026: Key FAQs every taxpayer must know

      An inoperative PAN is effectively unusable. Individuals will be unable to file income tax returns, open new bank or demat accounts, or receive tax refunds.

    • PAN-Aadhaar linking deadline: Has Income Tax dept extended due date? Here’s the latest

      So far, there has been no official communication from the government or the Income Tax Department announcing any extension of the PAN-Aadhaar linking deadline

    • PAN and Aadhaar loan fraud: What to do if someone borrows in your name

      A quick, practical response plan to stop recovery pressure, fix your credit record, and reduce the chances of repeat misuse.

    • What if your PAN is made inoperative? Fixes and penalties detailed

      If you failed to meet the deadline for linking your PAN to Aadhaar, here's what it can do to your money—and how you can fix it now.

    • PAN card explained: Answers to 20 key questions about your financial ID

      Your Permanent Account Number is the key to banking, tax return, and financial identity—here's the lowdown.

    • Protean eGov shares slump 20 percent on not being shortlisted by tax department for PAN 2.0 project

      The company had participated in the RFP bid proposal for the project which was for technology revamp, including Design, Development, Implementation, Operations and Maintenance of PAN systems at the Income Tax Department.

    • How to cancel PAN card of a deceased family member: Step-by-step guide

      Surrendering a PAN card in the proper manner after a person's death can prevent its misuse and help settle tax issues smoothly.

    • Need to link your Aadhaar and PAN? Here’s how to do it easily online

      Linking your Aadhaar with your PAN is mandatory to keep your PAN active—this guide explains how to complete the process step-by-step.

    • ChatGPT can now generate fake Aadhaar, PAN cards: A new cybercrime concern?

      Recently, some enthusiastic social media users discovered that by crafting effective prompts, they can easily generate counterfeit documents like Aadhar and PAN card. Several users have shared images of these forged documents on the social media platform X.

    • Vijay Sethupathi urges government to add Tamil language on Pan Card website

      Vijay Sethupathi has appealed to the government to add Tamil as a language option on the PAN card website. Currently, the site offers information only in English and Hindi, creating a barrier for Tamil speakers who are not proficient in those languages, hindering their access to crucial financial details.

    • What is PAN 2.0, do you need a new card and other questions answered

      The Cabinet Committee on Economic Affairs has given its nod to a Rs 1,435-crore PAN 2.0 project to streamline and digitise PAN services. Here is what you need to know

    • Govt issues FAQs on PAN 2.0; says QR code not a new feature

      PAN holders with a version of the card that does not have QR code can exercise the option of applying for a new card with QR code in existing PAN 1.0 ecosystem as well as in the PAN 2.0. Roll-out likely in 2025 itself.

    • PAN 2 0 Explained Key changes, who should apply, and more; All you need to know

      The Cabinet has approved the PAN 2.0 initiative, a ₹1,435 crore project aimed at modernising India’s tax administration. This upgrade will streamline taxpayer registration and verification processes through a fully paperless and secure digital system. PAN 2.0 introduces features such as QR codes for easier access and ensures faster, eco-friendly services. Existing PAN cards remain valid, and the upgrade will be free of cost. The initiative aligns with the Digital India vision, enhancing efficiency . Watch here for more details - .

    • PAN Card Update Online: How to change name, address, mobile number, and DOB; steps to follow

      You have the option to update PAN card details online through either the NSDL e-Gov website or the UTIITSL website.

    • Lost PAN card: A step-by-step guide on how to apply for a duplicate card and all other important details

      If a PAN card is lost, individuals do not need to obtain a new PAN. Instead, they can apply for a duplicate PAN card through the income tax department.

    • More than 11 crore PAN still not linked with Aadhaar

      For people alotted a PAN on or before July 1, 2017, it was mandatory to link it with Aadhaar by June 30, 2023, failing which the PAN became inoperative.

    • Gems, jewellery industry urges govt for duty reduction, increase PAN card transaction limit

      "The jewellery industry contributes nearly 7 per cent of India's GDP and hence, deserves a pro-business environment," apex body for the gems and jewellery industry All India Gem And Jewellery Domestic Council Chairman Saiyam Mehra told PTI.

    • Foreign cos without PAN can open bank a/cs in IFSC-Gift City

      The Finance Ministry has amended Income Tax Rules exempting non-residents opening a bank account from the requirement of submitting PAN.

    • Inoperative PAN is not inactive PAN, clarifies I-T Dept amid concerns on ITR filing

      The inoperative PANs, however, will lead to higher deduction of TDS and higher levy of TCS, the taxation body said, adding that pending refunds and interest on ITRs will not be issued.

    • Inoperative PAN cards distress NRIs

      Since July, NRIs have faced difficulty in processing mutual fund systematic investment plans (SIPs) and in filing their IT returns and claiming tax refunds.

    • PAN-Aadhaar link fee challan: Income tax department clears air on payment confusion

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