Income Tax Act

I-T lens on tax against payment made to Covid hospitals in Odisha

As per norms, deduction should be made at 1.5 per cent of the amount paid for any work as per the agrement with the private hospitals and at 7.5 per cent for rent paid for use of land or building. 

published on : 7th April 2021

Aadhaar-PAN linking must from July 1, government notifies tax rules

The government has made it mandatory to link existing Aadhaar numbers with PAN of taxpayers with effect from July 1.

published on : 28th June 2017