Four critical changes in Income Tax Act: Standard deduction, UPS, income tax search, and other changes to be applicable in FY 2025-26 – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/four-critical-changes-in-income-tax-act-standard-deduction-ups-income-tax-search-and-other-changes-to-be-applicable-in-fy-2025-26/articleshow/123297517.cms ET OnlineUPS, standard deduction, income tax search, other changes made in Income Tax Act, 1961 for FY 2025-26 The Finance Minister has clarified

ITR filing deadline needs to be extended due to discrepancies in Form 26AS, AIS, system error while ITR uploading, and other issues, says GCCI – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-deadline-needs-to-be-extended-due-to-discrepancies-in-form-26as-ais-system-error-while-itr-uploading-and-other-issues-says-gcci/articleshow/123305833.cms ET OnlineGujarat Chamber Commerce & Industry (GCCI): Extend ITR deadline as discrepancies in Form 26AS, AIS (representative image) The Gujarat Chamber Commerce &

US Tariffs-likely effects [1] 50% will mean India will be priced out  though pharm and electronics excluded as of now [2] CAD will not be affected to a great extent as it –it is low as of now [3] However Capital account will get a dent as FDI and portfolio investments are already on a downward journey [4] Precious foreign exchange should not be used to support rupee — on the contrary a depreciated rupee will help shore up exports which will aid India economy in many ways -Editorial in BS

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