Most people think "Tax-Free" in India only means Agriculture. Wrong.
The Income Tax Act, 2025 has 8 specific types of income that are 100% legal and 100% tax-free.
(Yes, even in the New Tax Regime). 🧵
Indian Taxation.Frequency of changes in taxation every year ... Department dont want tax payer to earn with dignity & hardwork... When ever he earn dept tax him like he committed a crime.Thats why taxpayers base is very poor in India.
@TaxationUpdates More confusion More litigations Govt Department harassing taxpayers to hide their corruption. Department should send rectification notices not demand notices along with Penalities.
Finance Act 2026 just dropped 41 amendments.
Which ones hit YOUR clients?
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taxpracto.in/finance-act.ht…#FinanceAct2026#CA#TaxPracto
@CAChirag Nobody cares...FM Sita mousi should get retire must be expelled from her post.Worst decisions taken by her no relief to taxpayers.Corrupt enjoying fruits of taxpayer's money.Hopeless careless most corrupt govt ever seen.
As of March 23, 2026, the Indian judiciary faces a total backlog of over 5.5 crore cases.
We want AI in judiciary acting as Judges to start with in lower courts.
RT if agree
@PratibhaGoyal Department & Finmin gone mad... Brainless using AI tool creating mess & hawk among the investors.Why not PM care fund BCCI Politicians get such notices...?Are they exempted ?
BIGGEST LEGAL SCAM IN INDIA:
You earn → taxed
You spend → taxed
You invest → taxed
You save → taxed
Even after paying tax on your income…
you’re taxed again just for using your own money.
And if something is left?
Inflation silently taxes you again.
Tell me honestly -
Are we earning… or just working as collection agents for the system?
Notice at 5 PM Friday: "Respond within 48 hours with documents." Your CA is unavailable (weekend). Banks closed (Saturday). You scramble. Reply Monday 10 AM (62 hours later).
Response: "You missed 48-hour deadline, penalty proceedings initiated." They create impossible deadlines, then penalize compliance attempts. Designed to fail you.
@taxologyin Isit really possible ? Simplifying taxation is a joke....Every where if & buts applicable...Just giving fancy names will not resolve issue.Penaly should be removed
FM Nirmala Sitharaman urged tax officials to adopt a fresh, taxpayer-friendly approach as the new Income Tax Act rolls out.
Under PRARAMBH, focus areas include simplification, reduced litigation, local outreach, and tech-driven enforcement. Her clear message: make compliance easy for honest taxpayers, but use AI and data tools to firmly track and curb tax evasion.
@RoyLakshman Accountability matters.Feel the pain of Privatization.Lost faith in Govt policies.Taxation is the worst.No safety in Banks.Tomuch compliances.People lost lacs of crore in written off bad loans.No answer for recovery.
Rtd. IAS ऑफिसर Atanu Chakraborty ने HDFC बैंक के Part-time Chairman & Independent Director पद से इस्तीफ़ा दे दिया है।
इस्तीफे की वजह गौर करने लायक है :
"पिछले दो वर्षों में बैंक के भीतर जो कुछ घटनाएं और कार्यप्रणालियां मैंने देखी हैं, वे मेरे व्यक्तिगत मूल्यों और नैतिकता के अनुरूप नहीं हैं। यही मेरे उपर्युक्त निर्णय का आधार है।”
#HDFCBank