The accused will also be liable for a significant monetary penalty for failing to furnish proper documents, incomplete or false information on returns, account books, etc.
The government has added several new benefits and sops to the new tax regime in the Union Budget 2023-24 to make it popular. Here’s what both the regimes entail for seniors
T-bill enthusiasts could be in a celebratory mood amid an apparent unexciting spell in stocks, as government security yields meet or exceed expectations, driven by back-to-back repo rate hikes.