🚀 Latest Income Tax updates in India, effective from April 1, 2026. 🚀
🔹 No Longer Your Privacy
Under the new bill, if the Income Tax Department suspects tax evasion, they have the authority to access:
• Social Media Accounts
• Emails
• Bank Accounts
• Trading Accounts
It’s not just you; they’re also keeping an eye on your wallets.
📊 Insights
• Tax officers will be able to access your emails and social media, etc., starting next year.
• The new bill permits bypassing passwords and security codes.
• Experts are worried about the potential misuse of power and invasion of privacy.
• The new income tax bill has recently made headlines, but not for the reasons taxpayers would hope. While the government claims it aims to simplify tax laws, hidden within the bill is a provision that grants tax authorities broad powers, allowing them to access emails, trading accounts, social media profiles, and more during tax investigations.
• Finance Minister Nirmala Sitharaman introduced the revised Income Tax Bill, 2025, in Parliament, describing it as a complete overhaul of the six-decade-old tax framework. However, before it becomes law, it will be reviewed by a select committee. The primary concern revolves around a clause that expands the scope of tax searches to include “virtual digital spaces,” beyond the current limits.
