The Income Tax Department of India has initiated an Advance Tax e-campaign for the financial year 2023-24, targeting individuals and entities with significant financial transactions. The campaign aims to inform these taxpayers about their tax liabilities through emails and SMS, urging them to compute and deposit their due advance tax by the specified deadline. Additionally, the department has conducted searches at Balkrishna Industries' Mumbai office, as reported by Soumeet Sarkar. This action is part of a broader effort by the tax authorities to ensure compliance and proper tax payment by individuals and businesses, highlighted by the department's recent activities in monitoring financial transactions and enforcing tax laws, with some taxpayers anticipating a monstrous tax liability by EOY or early 2025.