High salary earners getting ‘nudge’ notices from Income Tax Dept? Here’s why you received it and what action to take now

High salary earners are receiving 'nudge' notices from the Income Tax Department. These notices prompt employees to correct errors like undeclared property income, crypto gains, and ESOPs. The department is offering a final chance to voluntarily fix mistakes before taking stricter action. This initiative aims to ensure accurate tax declarations and compliance among affluent taxpayers.

from Tax-Wealth-Economic Times https://ift.tt/uqlpQyn