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Consider filing a 'nil' Income Tax Return - Sometimes it's mandatory, and other times it can benefit you
Many taxpayers believe that if their income is below the taxable limit or if their employer has already deducted the applicable TDS from their salary, they do not need to file an Income Tax Return ...
Out of 22 million registered individuals with KRA PINs, only 8 million actively pay taxes, and of these, just 4 million ...
KRA was compelled to clarify the matter following public concerns over slight changes in the Authority's iTax platform affecting the filing of nil returns.
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