The Government of India has changed the last date for filing income tax, the previous date, which used to be 31st April, was earlier extended till 30th June, but now it has been extended from 30th June to 31st July, which People were getting very late in coming on income tax, this is excellent information for them that they can read 20 easily till 31st July and for that, they will not have to pay any extra penalty. This tax can easily be filled. What usually happens is that when more Money has to be paid as an extra penalty, now there will be no need for it.
That extra Money has to be paid in penalty, so the government is now increasing a timeline so that people who have not received this information by mistake or who have not received this information at the right time can easily complete it and pay income tax and that penalty In this way, this information is very good for all business people and for those who keep their income very high, they must do their income tax on time.
Earlier 31st April was the time for income tax.
The Government of India first announced different dates for filing income tax, but after that, it was constantly seen making changes within these dates, and this time also, they did the same, which was supposed to end on 31st April. Now they have increased it to 30th July; since then, many investors can easily file their income tax returns, they will not have to pay any extra penalty, and the Government of India is constantly changing. It also appeals to everyone that people who still need to file their returns should submit them as soon as possible.
According to a website of the Government of India, it has been learned that he has also been ordered to take very strict action against those who do not file returns. He said that the way India’s economy is continuously getting benefits, in that income tax filing Investors have always been the dominant hand, so if the Indian public increases their income tax by becoming active, then it will facilitate the whole of India and the Government of India will be able to work well, so this appeal is being made to all the people. But the Government of India continuously conveys through advertisements that all people pay their income tax, and if someone earns more than what is fixed, they have to pay income tax.