• Home
  • Terms and Conditions
  • Privacy Policy
  • Copyrights & DMCA
  • Cookie Policy
  • Contact Us
Saturday, January 28, 2023
Daw Rimiz
No Result
View All Result
  • Login
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us
No Result
View All Result
DawRimiz
No Result
View All Result
Home Lifestyle

Flaunting Luxurious Lifestyle On Social Media Can Result In Tax Raid from April 1

Donna Gilbert by Donna Gilbert
September 1, 2022
in Lifestyle
0
Flaunting Luxurious Lifestyle On Social Media Can Result In Tax Raid from April 1

Flaunting Luxurious Lifestyle On Social Media Can Result In Tax Raid from April 1 1
Officials of Income Tax department might knock your door if you would post a picture of your luxury car on Facebook or photos of your lavish wedding on Instagram as the I-T department will keep a tab on social media profiles of taxpayers under Project Insight from April 1. Project Insight will be launched to trace black money and deduce mismatches between spending pattern and income declaration.

To carry out Project Insight, the I-T department has signed a pact with L&T Infotech. According to a report, the I-T department will create the 360-degree profile of taxpayers, including new and non-filers to gauge their accountability and tax liability. The comprehensive profile will have details such as transactions, relationships, social networking accounts, IT returns, IT forms, TDS/TCS statements and Statement of Financial Transactions received from financial institutions.

Article Summary show
READ ALSO
Live Cricket Streaming on Ten Sports
Highest paying jobs in the music industry

READ ALSO

Live Cricket Streaming on Ten Sports

Highest paying jobs in the music industry

Project Insight will help the taxmen monitor high-value transactions, curb the circulation of black money and catch tax evaders. So, if you share a picture of your new car or photo of your foreign vacation, the I-T department will compare your spendings with your income declaration to deduce the mismatch. In case of any mismatches, the next step could be a tax raid in your home or office. The motive is to bring more people under the tax net.

With Project Insight, India now joins a select league of countries like Belgium, Canada and Australia that are already using big data to keep a check on tax evasion, reported Bloomberg. The UK government started ‘Connect’ in 2010, the system has prevented the loss of 4.1 billion pounds ($5.4 billion) in revenue

Related Posts

Live Cricket Streaming on Ten Sports
Sports

Live Cricket Streaming on Ten Sports

January 19, 2023
Highest paying jobs in the music industry
Music

Highest paying jobs in the music industry

January 15, 2023
The Ultimate Fashion Guide For Women Over 60
Fashion

The Ultimate Fashion Guide For Women Over 60

January 3, 2023
Healthy Lifestyle Habits for Working Adults
Lifestyle

Healthy Lifestyle Habits for Working Adults

December 28, 2022
No unfastened journey inspiration from Delhi government: Centre
Travel

No unfastened journey inspiration from Delhi government: Centre

December 27, 2022
I’m 29 & This Is How Much I Spent On My Trip To Buy An Apartment In Paris
Travel

I’m 29 & This Is How Much I Spent On My Trip To Buy An Apartment In Paris

December 27, 2022
Next Post
IT Sector in India: Losing Money to an Unhealthy Lifestyle

IT Sector in India: Losing Money to an Unhealthy Lifestyle

No Result
View All Result

Categories

  • Business
  • Care Services
  • Cleaning Services
  • Customer Service
  • Dessert
  • Diet
  • Drinks
  • Errand Services
  • Exercise
  • Fashion
  • Fast food
  • Fitness
  • Food
  • Gold
  • Health
  • Home Services
  • Kids
  • Lifestyle
  • Market
  • Money
  • Music
  • Office Services
  • Online Services
  • Recipe
  • Services
  • Sports
  • Stock
  • Technology
  • Transport Service
  • Travel
  • Writing Service

Recent Posts

  • Intz Stock: What Is It
  • What is Meant by Pure Endowment?
  • South Korean Culture Business – Why You Should Start One
  • Live Cricket Streaming on Ten Sports
  • Technology in the Age of AI
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Copyrights & DMCA
  • Cookie Policy
  • Contact Us

© 2021-2023 Dawrimiz All Rights Reserved Dawrimiz.

No Result
View All Result
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us

© 2021-2023 Dawrimiz All Rights Reserved Dawrimiz.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In