Many of you might already know that Aadhaar linking deadline is extended from 31st December to 31st March, but you might not know that this extension is only for people who don't have Aadhaar card. This means, if you have Aadhaar then you must link your PAN card, Bank accounts, Insurance Policies, and Mobile phones with Aadhaar by 31st December, but if you don't have Aadhaar yet, you can apply for it until March 2018 so that you can link your Aaddhar with PAN, Bank accounts, and Insurance policies by 31st March 2018.
Top 5 Income Tax Changes and Slab Rates from Budget 2017
The Indian Budget for 2017 has been announced a couple of days back and Finance Minister Mr. Arun Jaitely announced some Income tax reforms, amendments, and relief for personal income tax payers of India in his budget 2017 speech. The most important of them are 5% tax on the lowest slab i.e. 2.5 lakhs to 5.0 lakhs instead of 10%. This change will impact most of the tax payers in India as data provided in the budget, total 3.7 crore people filed income tax returns in 2015-16 and out of those almost 2 crore was in the range of 2.5 lakh to 5 lakh.
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