Income Tax Rule: You will be shocked to know the new rules of Income Tax, do not do any fraud while filing ITR..

Income tax department: If you are also a taxpayer then this news can be very useful for you. Recently, the Income Tax (tax evasion) department has made a big change in the rules. Due to this, taxpayers have suffered a big setback. According to the update, taxpayers have suffered a big setback. Giving information in the update, it was told that now strict steps will be taken on taxpayers by the department. Know the full details about this in the news.

The budget was announced on 1 February-

The central government presented Budget 2025 on 1 February 2025. This budget was presented by Finance Minister Nirmala Sitharaman for the financial year 2025-2026. During this period, as soon as people get income up to Rs 12 lakh (Tax deduction in Budget 2025), it is completely tax-free. Now the central government has made such a law due to which the problems of the people have increased even more.

New law will be introduced-

The central government is now preparing to bring such a law (new income tax act) due to which people's problems are increasing (tax hike). Due to this, people's anxiety has also increased to a great extent. However, honest taxpayers (Update for taxpayers) will not have to face any difficulties due to this. However, strict action will be taken against tax evaders.

These changes will be made in the new tax law-

The government is giving such power to the Income Tax Department, due to which it will get the legal right to access your social media accounts, personal emails, and bank and trading accounts (Demat account). Due to this, taxpayers who evade tax may have to face difficulties.

Difficulties of tax evaders will increase-

The Income Tax Department till now had the right to search only houses, lockers, and safes under section 132 of the Income Tax Act, 1961, but now its scope will be increased from April 1, 2026. Now under the new law (new income tax rule), if the officers suspect hiding any information related to tax evasion, then they will get the right to access your computer and online accounts, which can increase the problems of taxpayers.

These platforms will be monitored-

Online investment (best investment plan) and trading accounts will be monitored by the Income Tax Department. Apart from this, bank accounts (savings accounts), and remote and cloud storage can be checked.

Officials can check these digital information-

Officials will have the right that they can now check digital information. However, only a few officers will have the right to investigate online data. Now Joint Director / Additional Director, Joint Commissioner / Additional Commissioner, Assistant Director / Deputy Director, and Income Tax Officer / Recovery Officer will have the right to investigate.

Privacy may be at risk due to the law -

Honest taxpayers will not face any problem with these new rules (New IT rules), but yes, as per the rules, tax evaders will be kept under close watch. Some experts have given their opinion on this. They say that this law may increase the threat to privacy (Privacy by law).

Can investigate at this time -

Under these new rules, if the officers have any suspicion, they can also access the cloud data and digital platforms of the tax evader (tax evader rules). If a person refuses to give the access code during the investigation, then access can also be obtained by overriding it by the authorities.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.