Month: June 2025
*******ITR 2025: Seven Essential Checks for Salaried Individuals before you Hit “Submit”
Clipped from: https://www.taxscan.in/top-stories/itr-2025-seven-essential-checks-for-salaried-individuals-before-you-hit-submit-1425311 From selecting the appropriate tax regime to matching the figures in Form 16 with those in your Form 26AS, all salaried individuals must
Immigration curb slashes Canada population growth rate to zero – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/world/immigration-curb-slashes-canada-population-growth-rate-to-zero/article69709742.ece First-quarter deceleration marks end to record-breaking gains that allowed Canada’s population growth to rival that of many African nations during years following pandemic
********Burden of compliance – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/burden-of-compliance/article69709870.ece New Registration Bill fails to make it easy With dematerialised documents and digitally verifiable KYC (Know-your-Customer) identification, the transfer of financial assets in
*******Undisclosed crypto income: Respond to taxman’s notice, file revised return
lipped from: https://www.business-standard.com/finance/personal-finance/undisclosed-crypto-income-respond-to-taxman-s-notice-file-revised-return-125061800747_1.html Underreporting or misreporting crypto income can lead to penalties ranging from 50 to 200%, even imprisonment of up to seven years The Income-Tax
*******Nirmala Sitharaman ask fintechs to find solutions to prevent cyberfrauds | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/nirmala-sitharaman-ask-fintechs-to-find-solutions-to-prevent-cyberfrauds-125061801268_1.html Lauding the success of fintechs, the Finance Minister said they have helped in speeding up financial inclusion, and taking the payment system to
Corporate India’s revenue growth underperforms GDP expansion again
Clipped from: https://www.business-standard.com/markets/news/corporate-revenues-underperform-india-s-gdp-growth-for-second-year-in-a-row-125061700789_1.html The combined revenues of BS1000 companies grew by 6.4 per cent in FY25 against 9.8 per cent growth in GDP at current prices
*****US Fed keeps rates steady for 4th straight meeting, remains open for cuts | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-fed-keeps-rates-steady-for-4th-straight-meeting-remains-open-for-cuts-125061801477_1.html US Federal Reserve decided on Wednesday to keep interest rates unchanged, while indicating that reductions could still be on the table in the
*******Without addressing inequalities, no nation can be democratic: CJI Gavai | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/without-addressing-inequalities-no-nation-can-be-democratic-cji-gavai-125061900007_1.html The CJI said that it is not merely a matter of redistribution or welfare but it is also about enabling every person to
Sitharaman says India’s finance future is ‘phygital’, driven by UPI | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/nirmala-sitharaman-digital-payments-awards-2025-fintech-phygital-125061801362_1.html At the Digital Payments Awards, Sitharaman lauds UPI’s global success, urges fintech to tackle cybersecurity and deepfakes, and credits RBI’s enabling regulation Union
US Fed keeps rates steady for 4th straight meeting, remains open for cuts | World News – Business Standard
lipped from: https://www.business-standard.com/world-news/us-fed-keeps-rates-steady-for-4th-straight-meeting-remains-open-for-cuts-125061801477_1.html US Federal Reserve decided on Wednesday to keep interest rates unchanged, while indicating that reductions could still be on the table in the
*******Which ITR form you should use to file your income tax return depends on your income sources and taxpayer category: Here’s how to pick right – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/which-itr-form-you-should-use-to-file-your-income-tax-return-depends-on-your-income-sources-and-taxpayer-category-heres-how-to-pick-right/articleshow/121530539.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Salaried employees with no more than one source of income can opt for ITR-1 Choosing the right ITR form is the first and most crucial
*****Bank locker customers urged to secure their rights, sign new agreement | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/bank-locker-customers-urged-to-secure-their-rights-sign-new-agreement-125061800804_1.html Many still haven’t signed revised agreements complying with RBI guidelines that were announced in Aug 2021 RBI issues new rules of bank lockers
*******How to file your ITR without a CA: Step-by-step guide for salaried individuals to file income tax return – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-to-file-your-itr-without-a-ca-step-by-step-guide-for-salaried-individuals-to-file-income-tax-return-3884006/ Want to file your ITR without hiring a Chartered Accountant? If you’re a salaried individual with simple income sources, filing your income tax
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