Clipped from: https://www.businesstoday.in/personal-finance/tax/story/these-taxpayers-find-it-easier-to-file-itrs-expert-gives-away-tips-on-smooth-filing-of-tax-returns-482987-2025-07-03 With the ITR filing deadline for AY 2025-26 extended to September 15, taxpayers, especially salaried individuals, are navigating significant changes in forms and
Missed TDS on rent? You could face Rs 1 lakh penalty like this salaried professional – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/tds-on-rent-payments-penalty-india-section-194ib-compliance-483135-2025-07-04 A routine rent payment turned into a financial nightmare for salaried professional, who was slapped with a Rs 1 lakh penalty for failing
Over 75 lakh ITRs filed but refunds could be slower this year, warn experts – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-2-itr-3-delays-impact-tax-filing-refunds-2025-483192-2025-07-04 Delays in releasing ITR-2 and ITR-3 forms are causing concern among taxpayers with more complex financial profiles, including those with multiple income sources,
Tax filing FAQs: ITR-2 delay, home loan deductions and capital gains guidance for AY 2025-26 – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-wait-for-new-itr-2-form-to-file-taxes-your-queries-answered-3903361/ Filing ITR 2 for AY 2025–26? Wait for the updated form as schema is pending. Pay pending tax on capital gains to avoid
*****ITR scrutiny notice: Income Tax Department looks at these parameters while selecting ITRs for scrutiny – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-scrutiny-notice-income-tax-department-looks-at-these-parameters-while-selecting-itrs-for-scrutiny/articleshow/122241215.cms ITR scrutiny notice: Know what are the parameters followed by Income tax dept about when an ITR will be selected for scrutiny The
Made a political donation? Income Tax Dept launches Tax Assist to help you respond to an income tax notice – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/made-a-political-donation-income-tax-dept-launches-tax-assist-to-help-you-respond-to-an-income-tax-notice/articleshow/122249070.cms Many taxpayers who have claimed deductions under Section 80GGC of the Income Tax Act, 1961, have received income tax notices. The Income Tax Department has enabled a
Several structural, operational and systemic challenges continue to hold back full potential of logistics sector: Report – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/several-structural-operational-and-systemic-challenges-continue-to-hold-back-full-potential-of-logistics-sector-report/article69767796.ece The Indian supply chain remains disconnected and siloed, with poor coordination among suppliers, distributors, platforms and transporters (l-r) Arun Kumar, President of AMTOI
Potential growth stays at 6.5% – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/potential-growth-stays-at-65/article69769523.ece One has to focus on long-term drivers of growth, including the saving-investment rates and the ICOR Indian economy: Growth drivers | Photo Credit:
India’s current account deficit manageable, but financing needs monitoring
clipped from: https://www.business-standard.com/opinion/columns/india-current-account-deficit-manageable-but-financing-needs-monitoring-125070301380_1.html The spectre of higher tariffs imposed by the US means export prospects, including for India, will be subdued in 2025 We expect crude
Banking system liquidity hits 3-year high at $3.74 trillion: RBI data | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/banking-system-liquidity-hits-three-year-high-125070301183_1.html Banking system liquidity rose to a net surplus of Rs 3.74 trillion, the highest since June 2022. The market is now awaiting action
Rising out-of-pocket health expenditure: causes and solutions – The Hindu
lipped from: https://www.thehindu.com/news/national/kerala/rising-out-of-pocket-health-expenditure-causes-and-solutions/article69769006.ece Why out-of-pocket health expenditure (OOPE) remains exceptionally high in Kerala is a subject that demands serious study and the urgent identification of solutions
These taxpayers find it easier to file ITRs Expert gives away tips on smooth filing of tax returns – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/these-taxpayers-find-it-easier-to-file-itrs-expert-gives-away-tips-on-smooth-filing-of-tax-returns-482987-2025-07-03 With the ITR filing deadline for AY 2025-26 extended to September 15, taxpayers, especially salaried individuals, are navigating significant changes in forms and
Senior citizen loses Rs 1.15 cr in cyber scam: Here’s how to detect fraud | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/senior-citizen-loses-rs-1-15-cr-in-cyber-scam-here-s-how-to-detect-fraud-125070300394_1.html Fraudsters posing as Income Tax officials dupe Mumbai woman by promising refunds. Know how to detect such false claims A 70-year-old woman in
ITR filing for salaried employees is easier with these sources of income: Here’s how – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-salaried-employees-is-easier-with-these-sources-of-income-heres-how/articleshow/122220357.cms The due date for filing ITR has been extended from the usual July 31 to September 15, 2025 for AY 2025-26. The ITR filing season
Is LTCG exemption on equity, equity mutual funds Rs 1 lakh or Rs 1.25 lakh while filing ITR for FY 2024-25 (AY 2025-26)? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/will-ltcg-exemption-on-equity-equity-mutual-funds-be-rs-1-lakh-or-rs-1-25-lakh-while-filing-itr-for-fy-2024-25-ay-2025-26/articleshow/122221713.cms The financial year 2024-25 saw changes in the capital gains taxation rules. The new regulations kicked in on July 23, 2024, right after
ITR deadline nears: Common mistakes that can trigger a tax notice – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-notice-2025-triggers-mismatch-tds-unreported-income-high-value-transactions-482896-2025-07-03 As the September 15 deadline for filing Income Tax Returns (ITR) approaches, scrutiny levels are at an all-time high. The Income Tax Department