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<\/i> Income tax <\/a> Taxpayers Alert: Budget 2025 Proposes a 70% Tax Hike on Updated ITRs <\/h1> <\/div>
A substantial 70% extra tax on files after the two-year mark is the catch of the planned extension of the revised ITR filing term from two to four years in the Union Budget 2025. The goal of this action is to deter tax evasion and promote prompt compliance. This article examines the ramifications, professional viewpoints, and actions that taxpayers must take to avoid fines. <\/p>
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<\/div> Krishna Gopal Varshney <\/a>
An editor at Myitronline<\/p> <\/div>

Feb 22, 2025<\/li>
5 min read<\/li>
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##Budget2025 <\/a> <\/li>
##IncomeTax<\/a> <\/li>
##ITR<\/a> <\/li>
##TaxUpdate<\/a> <\/li>
##TaxpayerAlert<\/a> <\/li>
##ITRUpdate<\/a> <\/li>
##Apnoakca<\/a> <\/li> <\/ul> <\/div> <\/div>

A substantial 70% extra tax on files after the two-year mark is the catch of the planned extension of the revised ITR filing term from two to four years in the Union Budget 2025. The goal of this action is to deter tax evasion and promote prompt compliance. This article examines the ramifications, professional viewpoints, and actions that taxpayers must take to avoid fines.

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Krishna Gopal Varshney <\/a><\/h4> An editor at Myitronlinenews<\/small> <\/div> View Articles<\/a> <\/div>
Krishna Gopal Varshney, Founder & CEO of Myitronline Global Services Private Limited at Delhi. A dedicated and tireless Expert Service Provider for the clients seeking tax filing assistance and all other essential requirements associated with Business\/Professional establishment. Connect to us and let us give the Best Support to make you a Success. Visit our website for latest Business News and IT Updates. <\/p> <\/div> <\/div>

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