Finance Up to 200% penalty for tax misreporting: What every filer should know admin July 1, 2025 Misreporting or underreporting income can lead to penalties of up to 200 per cent of the tax due. Tax experts warn that even small errors may trigger scrutiny under the new AI-driven system. Continue Reading Previous: Average home prices to rise 4-6% after double-digit growth in last 2 yearsNext: Small savings rates unchanged for Q2FY26: Check what you’ll earn Related Stories Finance From 5% to 32%: NRI buyers pump ₹5,250 crore into DLF homes in nine months admin March 16, 2026 Finance Tax-saving contributions face March 31 deadline; align investments wisely admin March 15, 2026 Finance Changing jobs and have multiple PF accounts? How to merge them online admin March 13, 2026