[ad_1] In an exclusive discussion at CNBC-TV18’s Budget 2025 The Verdict in New Delhi on Monday, February 3, Finance Secretary Tuhin Kanta Pandey clarified that the government’s new income tax slabs, which provide relief to individuals earning up to ₹12 lakh annually, are designed to simplify the tax system and encourage compliance. “We are not […]
What happens if you don’t pay tax in India: A look at consequences of non-compliance – CNBC TV18
[ad_1] Ensuring the timely payment of taxes is crucial for individuals and businesses in India. Adhering to tax regulations not only contributes to national revenue but also safeguards taxpayers from a host of potential consequences. Failing to comply can result in financial penalties, interest charges, legal actions, and even reputational damage. Here is a look […]