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.
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: 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 >
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 >
Mumbai, September 2: The last date to file Income Tax Return (ITR) is fast approaching, and taxpayers are urged to complete their filings for FY 2024-25 (AY 2025-26) by September 15, 2025. The deadline was extended from July 31 due to structural changes in ITR forms and technical updates on the Income Tax Portal. Missing the deadline may result in penalties and interest, making timely filing crucial for individuals and businesses alike. Taxpayers should prepare all necessary documents in advance to ensure a smooth submission. With just days left, many are looking for ways to file ITR online w ...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 taken another step towards making tax filing simpler and more user-friendly. On April 2, it launched a new platform called 'Kar Saathi', an AI-assisted website designed to help taxpayers navigate income tax processes with ease. The new website brings together all income tax-related information in one place. According to the department, it is easier to navigate, faster to use, and built to reduce confusion for taxpayers who often struggle with forms, rules and proced ...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 [India], April 3 (ANI): The Central Board of Secondary Education (CBSE) on Thursday issued an advisory addressing misleading information circulating regarding QR codes printed on its question papers. The board clarified that the QR codes are part of internal systems and are not designed to function as direct internet hyperlinks. In an official advisory, CBSE explained, "These codes are part of internal systems for authentication, tracking, and examination integrity, and do not open as web links when scanned. Rather, they only show the intended text. However, if a user opts to use G ...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, April 3: The Central Board of Secondary Education (CBSE) on Thursday issued an advisory addressing misleading information circulating regarding QR codes printed on its question papers. The board clarified that the QR codes are part of internal systems and are not designed to function as direct internet hyperlinks. In an official advisory, CBSE explained, "These codes are part of internal systems for authentication, tracking, and examination integrity, and do not open as web links when scanned. Rather, they only show the intended text. However, if a user opts to use Google search on ...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 >
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 [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 >
New Delhi, Apr 3 (PTI) The Central Board of Secondary Education (CBSE) has issued an advisory clarifying the purpose of QR codes printed on question papers, saying they are not web links, according to officials. The advisory comes in the wake of recent incidents where QR codes in CBSE exams went viral on social media for reasons unrelated to the examination. "The QR codes printed on CBSE question papers are not intended to function as direct internet hyperlinks. These codes are part of internal systems for authentication, tracking, and examination integrity, and do not open as web links when ...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 >
New Delhi: Despite taxpayers' complaining of glitches during filing I-T return and demanding an extension of the September 15 deadline, the income tax department on Monday signalled no extension of the deadline. However, the department said that more than 7 crore I-T returns have been filed so far as the filing deadline closes in. As the last date to file for filing of income tax returns (ITRs) without penalty is September 15 for income earned in 2024-25 fiscal, it is, however, widely reported that the I-T return-filing portal faced huge traffic as the deadline for filing returns ends on Mond ...Read More >
Jaipur (Rajasthan) [India], July 18 (ANI): Former Chief Minister of Rajasthan and Congress leader Ashok Gehlot on Friday expressed his support for Rahul Gandhi witch-hunt remarks regarding the Enforcement Directorate (ED) chargesheet against his brother-in-law and businessman Robert Vadra. Gehlot criticised the ED investigation and further alleged that the central government is misusing various agencies, including the ED, CBI, and the Income Tax department. Rahul Gandhi has rightly said, and I have tweeted too, that this method is wrong... It take them (ED) 10 years to investigate?... This g ...Read More >
New Delhi, September 16: 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 further exte ...Read More >
Mumbai, March 31: Meta has reportedly commenced testing a new premium subscription tier called Instagram Plus, aimed at providing everyday users with enhanced control over their social media experience. According to a report by TechCrunch, the service is currently being piloted in select regions including Mexico, Japan, and the Philippines. Unlike the existing Meta Verified programme, which focuses on security and authenticity for creators, Instagram Plus is designed to offer a suite of functional tools specifically for Story engagement and privacy. The move marks a significant shift in Meta' ...Read More >
New Delhi [India], December 17 (ANI): In a significant move aimed at enhancing tax compliance and transparency, the Central Board of Direct Taxes (CBDT) has initiated an electronic campaign to address the discrepancies between the income and transactions reported in the Annual Information Statement (AIS) and those disclosed in Income Tax Returns (ITRs). According to the Ministry of Finance, this initiative targets the financial years 2023-24 and 2021-22, extending its scope to include individuals with taxable income or high-value transactions reflected in their AIS but who have not filed thei ...Read More >
Bhubaneswar: Low foundational skills in reading and arithmetic, limited digital literacy and infrastructural inconsistencies continued to challenge Odisha's education sector, revealed the Annual Status of Education Report (ASER)-2024 released Tuesday. The gaps remained across classes despite some positive trends, it said. Only 40% of Class III students in rural Odisha could read a Class II-level text. Similarly, basic arithmetic skills showed similar gaps, with 70% of children in Class III in govt schools unable to perform subtraction, the report said. Only 57.2% of Class V students could re ...Read More >
Bhopal, June 8 (SocialNews.XYZ) The National Commission for Women (NCW) has initiated suo motu action in response to a distressing media report concerning the murder of Raja Raghuvanshi and the disappearance of his wife, Sonam, during their honeymoon trip to Meghalaya. Growing suspicions of human trafficking to Bangladesh have heightened concerns, particularly following the discovery of blood-stained clothing and eyewitness accounts placing the couple in the company of unidentified men. Chairperson Vijaya Rahatkar has formally urged the Director General of Police, Meghalaya, to intensify sea ...Read More >
New Delhi: More than 1.16 crore Income Tax Returns (ITRs) have already been filed for Assessment Year 2025-26, and over 1.09 crore have been verified. However, many taxpayers are still awaiting their refunds, leading to widespread concern. Why Refunds Are Getting Delayed This Year According to CA Dr. Suresh Surana, multiple procedural and technical reasons are causing the delay. One major issue is that ITR utilities -- used to file tax returns -- were released much later than usual. ITR-1 and ITR-4 Excel utilities were issued on May 30, and ITR-2 and ITR-3 were released on July 11. As a resu ...Read More >
The car had a Maharashtra number plate. Luggage was tied to the roof of the vehicle, which made officials believe that a family had come from Maharashtra to visit Agra. A shocking and heartbreaking incident has come to light from the Taj Mahal complex in Agra, Uttar Pradesh. An elderly man was found unconscious and tied inside a locked car parked near the western gate. The incident has raised serious questions about human sensitivity and responsibility. According to Aaj Tak, the man had been locked inside the car for several hours. The extreme heat and humidity had made his condition critic ...Read More >