India's economic engine is revving up, but navigating the global headwinds requires sharp strategy. The rupee's recent volatility against the dollar underscores the complexities facing Indian businesses, impacting everything from import-export trade to domestic inflation. This week alone, we've seen significant shifts in the IT sector, with major players announcing restructuring and a renewed focus on AI-driven solutions. Meanwhile, the burgeoning startup ecosystem continues to attract substantial funding, despite a cautious global investor sentiment. The government's recent policy announcements on infrastructure development and digitalization are poised to further shape the business landscape, creating both opportunities and challenges for entrepreneurs and established corporations alike. Understanding these market dynamics is crucial for success in today's rapidly evolving Indian economy. Stay informed with Abtak.com for the latest insights and analysis on key sectors including finance, manufacturing, and technology – empowering your business decisions in a dynamic market. Explore the complete business news section now to stay ahead of the curve.
New Delhi: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for filing ITRs remains 15.09.2025". A host of chartered accountants and individuals have taken to social media over the past couple of days claiming that the I-T portal is facing glitches while making tax payment and downloading AIS (Annual Information Statement). "The e-filing portal is working fine. Please clear your browser cache or try accessing the portal through a different browser," the I-T department said in reply to one such post on Monday morning. Replying to X posts claiming issues with uploading ITR and tax payment, the department has been asking individuals to share their details (along with PAN and mobile number) to e-mail id orm@cpc.incometax.gov.in.
New Delhi, Nov 26: A day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. 1. What is PAN 2.0? PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this pr ...Read More >
The recurring threats have caused considerable anxiety among parents and teachers. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Ten bomb threat emails were sent to nine Delhi schools over three days using encrypted networks * Senders used VPNs and the dark web to anonymise their location and evade tracking by police * Delhi Police and cyber experts are treating the threats seriously and multiple agencies are investigating Did our AI summary help? Let us know. New Delhi: A ...Read More >
New Delhi: With the ITR deadline just around the corner, taxpayers across the country are in a last-minute rush to file their returns. The Income Tax Department has revealed that over six crore ITRs for Assessment Year 2025-26 have already been filed, and the numbers continue to climb. With September 15 set as the final day to submit returns without penalty and no extension announced, taxpayers have just one day left to complete the process. The Income Tax Department shared this update on Saturday through its official account on X (formerly Twitter). (Also Read: ITR Filing 2025: Want To Claim ...Read More >
New Delhi: Delhi Police's Crime Branch has busted a visa fraud racket operating from south Delhi's Zamrudpur, arresting three men for allegedly duping foreign job seekers. The accused -- Deepak Pandey (33), Yash Singh (23), and Wasim Akram (25) -- posed as representatives of a global outsourcing company handling visa, passport, and consular services. They allegedly extorted large sums of money by issuing fake appointment letters and visas. The case came to light after a consultant from VFS Global ...Read More >
New Delhi: The Income Tax Department Monday said that over 7 crore income tax returns (ITRs) have already been filed for the Assessment Year (AY) 2025-26, as the deadline of September 15 draws to a close. In a post on social media platform X, the Department thanked taxpayers and tax professionals for helping achieve this milestone and urged those who have not yet filed their returns to do so at the earliest. "More than 7 crore ITRs have been filed so far and are still counting. We extend our gratitude to taxpayers and tax professionals for helping us reach this milestone, and urge all those ...Read More >
MUMBAI: The Indian equity indices opened lower on Friday as heavyweights like Axis Bank and Bharti Airtel were among the top losers in the BSE benchmark. At 9.25 am, Sensex was down 171 points or 0.21 per cent at 82, 087 and Nifty was down 35 points or 0.14 per cent at 25, 075. In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent and Maruti Suzuki were top gainers. Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra , HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan and Bajaj Finserv ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) The Central Board of Direct Taxes has decided to further extend the due date for filing the Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26 from September 15 (Monday) to September 16 (Tuesday), a notification read. Taking to X late on Monday night, Income Tax India, which is the official account of the Income Tax Department, wrote: "KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. "The Central Board of Direct Taxes has decided to f ...Read More >
NEW DELHI: The Delhi Police has questioned around 70 security guards in connection with the alleged sexual assault of an 18-year-old student of South Asian University (SAU) by four people, including a guard, on the campus premises, an official said. CCTV footage from across the campus has been seized for examination, an officer said, adding that multiple teams are working to identify and arrest the accused. The first-year B.Tech student was found injured with her clothes torn on October 13, a day after she was reported missing. An FIR was registered on Tuesday, police said. According to the c ...Read More >
day after the Cabinet Committee on Economic Affairs approved the PAN 2.0, the Income Tax Department on Tuesday issued a detailed clarification on the project based on a list of 11 frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new system. PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services. The objective of the project is to enhance the quality of PAN services through the adoption of the latest technology. Under this project, ITD is consolidating all processes ...Read More >
Bitcoin World - Let me start by saying that I made over $30,000 in passive income last month. I know, that sounds crazy, right? But I promise you it is 100% real. I used to think that making money while you sleep was something only the super wealthy or tech savvy could do. But it turns out it is totally possible, and I'm here to tell you how I did it," said Dennis. Dennis has been installing photovoltaic panels for three years, and five years ago he asked his wife a question: "Do we really have to work ourselves to death?" She simply responded: "That's life." "To be honest, it was frustratin ...Read More >
Kolkata, July 5 (SocialNews.XYZ) The West Bengal unit of BJP, under the leadership of its new State party President Samik Bhattacharya is making all efforts to ensure a political rally in the state, with Prime Minister Narendra Modi addressing it, before Trinamool Congress's annual Martyrs' day rally in Kolkata on July 21. An insider from the state committee of BJP said that the week before July 21, the Prime Minister is scheduled to go for an election campaign in Bihar where the Assembly polls are scheduled later this year. "We are trying hard so that the Prime Minister can spare some time ...Read More >
Medak: Telangana State BJP President N. Ramchander Rao on Friday appealed to the people to give the committed party an opportunity to meet the aspirations of the poor and downtrodden. Addressing a large gathering of party workers in Medak, the BJP chief remarked that citizens have experienced the rule of the BRS and the Congress party and have had bitter experiences with the deceitful practices of both. He urged people to support the BJP wholeheartedly in the upcoming local body elections as a way to teach the ruling Congress party a lesson for its unfulfilled promises. Rao emphasized that t ...Read More >
New Delhi: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for filing ITRs remains 15.09.2025". A host of chartered accountants and individuals have taken to social m ...Read More >
NEW DELHI: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for filing ITRs remains 15.09.2025". A host of chartered accountants and individuals have taken to social m ...Read More >
When a web developer proudly announced on X that he'd just completed his Coursera course with the help of Perplexity AI's Comet browser, he probably wasn't expecting to get schooled by the company's own CEO. But that's exactly what happened, and the internet can't stop talking about it. The saga began when an X user named Amrit Nigam, who describes himself as a web developer, posted a short 16-second video showing Comet in action. In the clip, Comet AI is seen breezing through a 45-minute Course ...Read More >
The Income-Tax Department has found organised rackets operated by some returns preparers and intermediaries across the country, filing income-tax returns (ITRs) on behalf of their clients -- including employees of multinational companies, public sector firms, government bodies, academic institutions, and entrepreneurs -- to fraudulently claim exemptions and refunds, the Finance Ministry said. The department is now poised to take stern action against continued fraudulent claims, including penalti ...Read More >
Chennai : POCO, one of India's leading consumer technology brands, announced the launch of its latest innovation in the affordable smartphone segment the POCO M7 Plus 5G. Designed for non-stop entertainment and long-lasting performance, the M7 Plus 5G leads the segment with a massive 7000mAh silicon carbon battery and a 6.9-inch FHD+ display supported by a 144Hz refresh rate making it the ultimate all-day entertainment companion at just ₹12,999. The POCO M7 Plus 5G delivers binge-worthy performance with Snapdragon® 6s Gen 3 for seamless multitasking, paired with up to 16GB Turbo RAM. The 144H ...Read More >
New Delhi: A 24-year-old man has been arrested in Goa for allegedly cheating a woman and her family of Rs 1.10 crore by offering her employment in a fake company. He had also falsely claimed to be associated with Unesco India and installed CCTV cameras to monitor them.The woman, a resident of Dwarka, has filed a complaint through the national cybercrime reporting portal, alleging that she was defrauded by Kunal Satish Helkar, a 24-year-old resident of Pune in Maharashtra, with fake job offers, company partnerships and investment opportunities. They had connected on a professional social media ...Read More >
New Delhi, June 7 (SocialNews.XYZ) Leader of Opposition (LoP) in the Lok Sabha, Rahul Gandhi, has received robust support from INDIA bloc allies following his explosive allegations of "match-fixing" in the 2024 Maharashtra Assembly elections. His opinion piece, published in a national daily, has stirred a political storm, with Opposition leaders asserting that the article lays bare the scale of electoral manipulation and the Election Commission's failure to respond to legitimate concerns. In his op-ed, Gandhi accused the BJP-led Mahayuti of engineering a large-scale rigging operation to win ...Read More >
New Delhi, Oct 16 (PTI) Police have found that the email address used to send explicit and threatening messages to an 18-year-old South Asian University female student who has alleged sexual assault was being accessed by one of her friends, an officer said on Thursday. The first-year BTech student, who lives in the varsity hostel, has accused four people, including a security guard, of sexually assaulting her on the campus premises. She was found injured with her clothes torn on October 13, a day after being reported missing. An FIR was registered on Tuesday on her complaint, in which she al ...Read More >
MUMBAI : The annual information statement (AIS), introduced by the Income Tax Department to enhance transparency, is instead creating hassles for taxpayers by reporting incorrect incomes, according to chartered accountants. Introduced in 2021, the AIS gives a snapshot of financial transactions -- ranging from securities and mutual funds to property deals and fixed deposits -- during a fiscal year, sourced from multiple reporting entities such as banks, registrars, depositories, and sub-registrars. Available on the Income Tax e-Filing portal, the AIS complements the form 26AS by providing an ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | New Cheque Clearing System: Banks To Clear Cheques Within Few Hours Starting October 4, Announces RBI. ...Read More >
Chennai: Tamil Nadu higher education department has released a draft model code of conduct for college teachers. This will help colleges and universities develop their own specific guidelines for teachers on posting videos and posts on social media."Maintain professionalism on social media, refraining from posts or comments that could harm the institution's reputation," said the code released by the TN State Council for Higher Education (TANSCHE) on social media ethics. Teachers can provide their feedback on the draft policy through email at tansche_edu@yahoo.co.in on or before July 26."For ex ...Read More >
Hyderabad: Thousands of people who gathered at ashoorkhana in Dabeerpura on the 10th day of Muharram (Youm-e-Ashura) took part in the Bibi-ka-Alam procession. The procession commenced from Dabeerpura on an elephant and concluded at Chaderghat. The Shia mourners took out the procession to mark the martyrdom anniversary of Prophet Mohammad's grandson, Imam Hussain, on the 10th day of Muharram. Members of the Shia sect performed matam and participated in processions. The 10th Muharram is the day on which Imam Hussain was martyred in the battle of Karbala by Yazid and his army. The relic made of ...Read More >
New Delhi, July 18 (SocialNews.XYZ) In a significant development in the global AI race, Aravind Srinivas-led Perplexity AI has surpassed OpenAI's ChatGPT to take the top spot among free apps on the Apple App Store. The abrupt surge follows a strategic alliance with telecom operator Airtel, which now provides its customers with free access to the premium Perplexity Pro subscription, which costs Rs 17,000 a year. Access to several state-of-the-art AI models, such as GPT-4.1, Claude, Grok 4, and image generation tools, is made possible by Perplexity Pro. Additionally, it gives non-paying users ...Read More >
New Delhi [India], September 15 (ANI): The Income Tax Department on Sunday clarified that the due date for filing Income Tax Returns (ITRs) has not been extended beyond September 15, rejecting claims circulating on social media about a further extension. In a statement, the I-T department said that fake messages were being circulated suggesting that the deadline, originally due on July 31, 2025 and later extended to September 15, 2025, had been pushed to September 30. "A fake news is in circulation stating that the due of filing ITRs (originally due on 31.07.2025, and extended to 15.09.2025) ...Read More >
New Delhi, September 15: The Income Tax Department on Monday said that over 7 crore income tax returns (ITRs) have already been filed for the Assessment Year (AY) 2025-26, as the deadline of September 15 draws to a close. In a post on social media platform X, the Department thanked taxpayers and tax professionals for helping achieve this milestone and urged those who have not yet filed their returns to do so at the earliest. "More than 7 crore ITRs have been filed so far and still counting. We extend our gratitude to taxpayers and tax professionals for helping us reach this milestone, and urge ...Read More >
Bihar Gets Four Trains Today: Vande Bharat, Amrit Bharat Express To Boost Connectivity- Check Routes, Other Details ITR 2025 Date Extended? The deadline for filing Income Tax Return is ending today. With the tax portal server facing last-minute rush, the portal reportedly crashed for users as they faced dificulty in filing their Income Tax Return. On social media, users expressed their anger urging the tax department to extend deadline. The outrage led to a trend on social media. Many CAs and individual taxpayers took to X to express their anger over Income Tax portal crash. The Income Tax d ...Read More >
Mumbai, Jul 18 (PTI) A three-storey chawl collapsed in the western suburb of Bandra here in the early hours of Friday, with at least 10 people feared trapped in the debris, civic officials said. As many as seven people have been rescued from the debris so far and admitted to the civic-run Bhabha Hospital, they said. According to preliminary information, chawl number 37 in the Bharat Nagar area of Bandra East collapsed around 5.56 am. Eight fire engines are at the spot along with teams from the Mumbai police and the Brihanmumbai Municipal Corporation's local ward machinery, an official from ...Read More >
'India should look to add an extra bowler' IMAGE: Ajinkya Rahane has a piece of advice for head coach Gautam Gambhir and captain Shubman Gill- play an extra bowler in the fourth Test at Old Trafford. Photograph: BCCI/X As India gear up for the fourth Test at Old Trafford, former captain Ajinkya Rahane has raised a tactical alarm: the team's all-rounder-heavy approach might be hurting their chances. His solution? A fourth specialist bowler -- even if it comes at the cost of batting depth. Now in England, and having witnessed India's narrow defeat at Lord's, the veteran batter has a piece of ...Read More >