Tax Exemption for Tax Payers: Relief to those who pay income tax, employed will be benefited!

Income Tax deptt: As the date of presentation of Union Budget 2023 (Union Budget 2023) is getting closer, the curiosity about the budget is increasing among the people. 

The most expected from the budget are job professionals and farmers. Apart from this, the Income Tax Deptt keeps on changing the rules from time to time for the convenience of taxpayers. Now the department has given exemption from income tax on the amount received by the taxpayers for treatment.

Announcement to set up a committee for redressal of complaints

Apart from this, tax exemption has also been given on the amount of assistance received by the Income Tax Department on the death of any family member during Corona. It has also been announced to form local committees for early redressal of any kind of complaints from the department. Apart from this, many types of service and related forms have been digitized by the Income Tax Department for the purpose of promoting digitization and convenience of the people. Now you will not need to go round the office for all kinds of work.

More than 123 forms will be available online

Let us tell you that more than 123 forms will be made available online by the department to ease the work related to income tax. Apart from this, the department has also announced tax exemption on the amount received for treatment during the Corona period in the years 2020 and 2021. In fact, during the Covid period, all the families had received assistance for the treatment of Covid. Till now there was provision of income tax on it. But now there will be relief from this.

Apart from this, SOP has also been issued to provide video conferencing. Grievance portal ‘Samadhan’ has been started to redress the grievances of tax payers.