rahul sharma

Speaking for India’s middle class 🇮🇳
Budget • Tax • Economy
Views on policies that affect daily life
#Budget2026 expectations & analysis

[rahul sharma @RahulSharma678]

June salary ≠ July rules. Please clarify whether the new EPF contribution should apply to June 2026 wages.
Some Companies Employees raise concern regarding this.

#EPFO #EmployeeRights
@socialepfo @LabourMinistry @mansukhmandviya

[rahul sharma @RahulSharma678]

📘 Master Tax Audit Series – Poster 1

🚨 Tax Audit Starts with One Question: What is Your Turnover?

✔ GST (if separately accounted) ✔ Sales Returns ✔ Trade Discounts ✔ F&O Turnover ✔ Form 3CD Reconciliation.

#TaxAudit #Section44AB #Form3CD

[rahul sharma @RahulSharma678]

📘 Master Tax Audit Series – Poster 1

🚨 Tax Audit Starts with One Question: What is Your Turnover?

✔ GST (if separately accounted) ✔ Sales Returns ✔ Trade Discounts ✔ F&O Turnover ✔ Form 3CD Reconciliation.

#TaxAudit #Section44AB #Form3CD

[rahul sharma @RahulSharma678]

🚨 CBDT Update

Foreign financial information received under AEOI will now be reflected in AIS (Form 168), strengthening tax transparency and compliance.

📌 Review your AIS before filing your ITR.

#CBDT #AIS #AEOI #IncomeTax #TaxUpdate
@IncomeTaxIndia

[rahul sharma @RahulSharma678]

🚨 CBDT's FAQs on the Income-tax Act, 2025 clear a major transition issue.

For most proceedings relating to tax periods before 1 April 2026, the Income-tax Act, 1961 continues to apply under Section 536.

A must-read for every tax professional.

#CBDT #IncomeTax @IndianExpress

[rahul sharma @RahulSharma678]

🚨 Most ITR mistakes happen before you even open the utility.
Before filing, verify:
✅ PAN–Aadhaar ✅ Form 16 ✅ AIS ✅ Form 26AS ✅ Correct Tax Regime
Preparation saves time, notices, and refund delays.
#ITR #IncomeTax #ITR1 #TaxFiling #AIS

[rahul sharma @RahulSharma678]

💸 Your GST refund isn't just a compliance matter—it's your working capital.

A ₹1.20 Cr refund pending can force a profitable business to borrow just to pay salaries & vendors.

#GST #GSTRefund #WorkingCapital #CashFlow #Finance #Audit #Tax #India #ICAI #RahulSharma

[rahul sharma @RahulSharma678]

ITR UTILITY UPDATED
#ITR

[rahul sharma @RahulSharma678]

🚨 GSTAT Alert | Deadline Extended

The Government has notified 31 July 2026 as the extended deadline for eligible GSTAT appeals under Section 112 of the CGST Act.

If you have pending GST litigation, review your cases and file within the prescribed timeline.

#GST #GSTAT #CGST

[rahul sharma @RahulSharma678]

86,13,923 ITRs filed
✅ 81,33,473 ITRs verified
💰 Refunds released = ???
Income Tax dept updates dashboard daily but hides the ONE number taxpayers actually need!
@IncomeTaxIndia @FinMinIndia
#ITR #TaxRefund #IncomeTax #AY2026_27

[rahul sharma @RahulSharma678]

42.6 lakh ITRs filed. 40.2 lakh ITRs verified.

But the most important number for taxpayers is missing:

💰 How many refunds have been released?
@IncomeTaxIndia
@FinMinIndia
#ITR #TaxRefund #IncomeTax

[rahul sharma @RahulSharma678]

ITR filing season is here.
Don't file before checking these 6 things:
✅ Form 16
✅ AIS
✅ Form 26AS
✅ Bank Statements
✅ Broker Statements
✅ Other Income Records
One mismatch = Notice from IT Department 🚨
Have you reconciled yet?
#IncomeTax #ITR #AY202627 #TaxCompliance

[rahul sharma @RahulSharma678]

To ensure your Income Tax Return (ITR) is filed correctly for Assessment Year 2026-27, you must reconcile these three:
✅Form 16
✅ AIS
✅ Form 26AS

Verify your income from Bank statements, Broker statements etc. before you file your ITR.
#IncomeTax #ITR #AY202627

[rahul sharma @RahulSharma678]

🚨 BREAKING: Media Reports suggest a major Union Cabinet reshuffle could take place soon.

Names being discussed include:
• Shaktikanta Das
• Anurag Thakur
• Arun Govil
• Shrikant Shinde

#CabinetReshuffle #BreakingNews #India

[rahul sharma @RahulSharma678]

ITR filing season is here.
Don't file before checking these 6 things:
✅ Form 16
✅ AIS
✅ Form 26AS
✅ Bank Statements
✅ Broker Statements
✅ Other Income Records
One mismatch = Notice from IT Department 🚨
Have you reconciled yet?
#IncomeTax #ITR #AY202627 #TaxCompliance

[rahul sharma @RahulSharma678]

@IncomeTaxIndia ITR season.
Most people file first.
Then get notices later.
Smart people reconcile FIRST.
Are you smart? 😎
@PMOIndia
#ITR #IncomeTax #AY202627 #CharteredAccountant

[rahul sharma @RahulSharma678]

@IncomeTaxIndia AY 2026-27 ITR Checklist 🧾
✅ Form 16 received?
✅ AIS downloaded?
✅ Form 26AS matched?
✅ Bank statements ready?
✅ Investment proofs collected?
All yes? NOW you're ready to file. ✔️
RT to help someone avoid a notice 🔁
#ITR #IncomeTax #TaxCompliance #AY202627

[rahul sharma @RahulSharma678]

Return of Goods by Job Worker
https://t.co/4df56WWlGN

[rahul sharma @RahulSharma678]

3 specific names shortlisted by HDFC Bank for Chairman haven't been publicly disclosed yet.

Reports confirm the shortlist includes a former RBI Deputy Governor, with M. Rajeshwar Rao(ex-RBI DG) widely tipped as a leading contender.
Sashidhar Jagdishan's MD & CEO term ext.

[rahul sharma @RahulSharma678]

HDFC BANK: BANK HAS SHORTLISTED 3 NAMES FOR CHAIRMAN POSITION, INCLUDING A FORMER RBI DEPUTY GOVERNOR

HDFC BANK: RECOMMENDATIONS FOR EXTENSION OF SASHIDHAR'S TERM AS MD & CEO LIKELY AFTER CHAIRMAN NAME IS FINALISED

[rahul sharma @RahulSharma678]

🔥 ITR-3 Offline Utility (AY 2026-27) AVAILABLE NOW!

Tax professionals & businesses can start return preparation today.

⏳ Avoid last-minute rush. 📢 Share with your network.

#ITR3 #IncomeTax #TaxUpdate #ITRFiling #India #TaxNews