Clipped from: https://www.financialexpress.com/money/action-against-tax-evaders-40000-taxpayers-withdraw-rs-1045-crore-bogus-itr-claims-after-income-tax-crackdown-3914716/ The Income Tax Department has initiated a major action against individuals who obtained tax refunds through false tax deductions and exemptions across the country. The
Category: One Star
*Income Tax crackdown: Employees of MNCs, PSUs and govt depts under scrutiny for fake deduction claims – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/employees-of-mncs-psus-and-govt-depts-under-scrutiny-for-fake-deduction-claims-inflated-refunds-3914816/ In a major nationwide crackdown, the Income Tax Department has turned its attention to employees of multinational companies (MNCs), public sector undertakings (PSUs), and even
*’More money, less discipline?’ CoinSwitch co founder warns hidden trap of India’s new tax regime – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/more-money-less-discipline-coinswitch-co-founder-warns-hidden-trap-of-indias-new-tax-regime-484422-2025-07-13 He argues that India’s low digital tax participation is a blind spot, despite advancements making the system smarter. Yet, convenience hasn’t kept pace.
*Report capital gains in your ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-report-capital-gains-in-your-itr-3911357/ Misreporting can attract penalties By Sreenivasulu Reddy Over the last decade, the Indian mutual fund industry has experienced significant growth. While many individuals
*सीएच्या मदतीशिवाय तुम्ही स्वत: भरा आयकर रिटर्न; तुम्हाला कोणीही सांगणार नाही यापेक्षा सोपी पद्धत | Maharashtra Times
lipped from: https://marathi.indiatimes.com/business/business-news/itr-filing-2025-how-to-file-income-tax-return-online-simple-step-by-step-guide-for-salaried-taxpayers/articleshow/122377849.cms How to file Income Tax Return : आयटीआर दाखल करण्यास घाबरण्याची गरज नाही. इन्कम टॅक्स रिटर्न फायलिंगची प्रक्रिया आता सोपी झाली असून या
*Income Tax department releases ITR-2, ITR-3 excel utilities for AY26 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/income-tax-dept-releases-itr-2-itr-3-excel-utilities-for-ay-2025-26-125071101157_1.html This enhanced integration aims to simplify compliance for taxpayers and reduce errors in return filing This enhanced integration aims to simplify compliance for
*Report exact transfer date of assets in ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/report-exact-transfer-date-of-assets-in-itr-3911368/ Tally details with AIS, TIS & Form 26AS Report exact transfer date of assets in ITR. The income tax returns (ITR) forms for AY 2025-26
*Tax refund blues: Delays worry filers as ITR season picks pace; key tips to track refunds
Clipped from: https://www.businesstoday.in/personal-finance/tax/photo/tax-refund-blues-delays-worry-filers-as-itr-season-picks-pace-key-tips-to-track-refunds-484287-2025-07-11 The ITR filing season for AY 2025-26 is finally in full swing, but taxpayers are battling delays in getting refunds. With the launch
*New I-T bill not to have provisos; may come up in Cabinet on Friday | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/new-i-t-bill-not-to-have-provisos-may-come-up-in-cabinet-on-friday-125020601109_1.html The new bill, which will replace the six-decade-old Income Tax Act, is likely to be discussed at the Cabinet meeting on Friday, sources
*Malicious iOS, Android apps can read screenshots for passwords: Here’s how | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/malicious-ios-android-apps-can-read-screenshots-for-passwords-here-s-how-125020600958_1.html Reportedly, some malicious apps on App Store and Play Store have been using Optical Character Recognition (OCR) technology to extract crypto wallet passwords
*The Budget proposals on MSMEs are welcome – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-budget-proposals-on-msmes-are-welcome/article69184823.ece FICCI has consistently advocated for scaling up India’s SMEs Budget 2025-26 is another decisive step forward in our journey towards ‘Viksit Bharat’. While
*Financial institutions need to have another aggregator to protect them from frauds: DFS Secy Nagaraju – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/financial-institutions-need-to-have-another-aggregator-to-protect-them-from-frauds-dfs-secy-nagaraju/article69136275.ece That financial institutions need to remain vigilant, upskill their employees, and put in efforts to maintain customer trust and institutional stability In the
*Insurance coverage. Reimbursement of hospitalisation expenses needs to improve – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/insurance-coverage-reimbursement-of-hospitalisation-expenses-needs-to-improve/article69137502.ece The disparity between the coverage rates and actual reimbursements highlights the urgent need for comprehensive reforms in the design and implementation of health
*Consumer protection: Seller can’t charge for bag carrying its name | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-seller-can-t-charge-for-bag-carrying-its-name-125011900672_1.html The National Commission held that charging a customer for a bag, which prominently displayed the company’s name, logo, or tagline, amounted to advertising
*GST officers must provide written grounds of arrest under new guideline | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/gst-officers-must-provide-written-grounds-of-arrest-under-new-guideline-125011700936_1.html The grounds of arrest must be explained to the arrested person and also furnished to him in writing as an Annexure to the
*Punjab & Sind Bank to launch cash-flow based digital MSME loan offering by month-end – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/punjab-sind-bank-to-launch-cash-flow-based-digital-msme-loan-offering-by-month-end/article69105363.ece With a game-changing new ₹25 lakh MSME loan product, and expanded digital offerings, PSB aims to strengthen its digital-friendly image, says MD&CEO Swarup
*India’s internet users to exceed 900 mn in 2025, driven by Indic languages | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/india-s-internet-users-to-exceed-900-mn-in-2025-driven-by-indic-languages-125011600835_1.html Nearly all internet users (98 per cent) accessed content in Indic languages, with Tamil, Telugu, and Malayalam emerging as the most popular due
*US inflation rate rises in December, focus shifts to FOMC meeting now – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-us-inflation-rate-rises-in-december-focus-shifts-to-fomc-meeting-now-3716165/?ref=hometop_hp Despite gradual progress in reducing inflation, the Federal Reserve’s 2% target remains elusive. US inflation rate rises in December, focus shifts to FOMC
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