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ITR Portal Can Handle July 31 Filing Rush, Govt Says

The government says the Income Tax e-filing portal can manage the July 31 rush after infrastructure upgrades, although occasional delays may occur during peak traffic. ITR Filing Rush Intensifies Before July 31 The Income Tax Department’s e-filing portal is seeing rapidly rising traffic as the July 31, 2026 deadline approaches for many salaried employees, pensioners and individuals filing ITR-1 or ITR-2 for Assessment Year 2026-27. The g

Money & Investments

22 Jul 2026 02:53 AM

ITR Portal Can Handle July 31 Filing Rush, Govt Says

The government says the Income Tax e-filing portal can manage the July 31 rush after infrastructure upgrades, although occasional delays may occur during peak traffic. ITR Filing Rush Intensifies Before July 31 The Income Tax Department’s e-filing portal is seeing rapidly rising traffic as the July 31, 2026 deadline approaches for many salaried employees, pensioners and individuals filing ITR-1 or ITR-2 for Assessment Year 2026-27. The g

Money & Investments

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

If you’ve filed your income tax return and are still waiting for your refund, you’re not alone. Many taxpayers in India experience refund delays even months after filing. The good news is that under Section 244A of the Income Tax Act, 1961, the government must pay interest on delayed refunds provided the delay isn’t caused by the taxpayer. The interest rate is fixed at 0.5% per month or 6% per annum, calculated as simple interest on the refundable amount. Interest begins from

Business

12 Nov 2025 10:32 AM

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

If you’ve filed your income tax return and are still waiting for your refund, you’re not alone. Many taxpayers in India experience refund delays even months after filing. The good news is that under Section 244A of the Income Tax Act, 1961, the government must pay interest on delayed refunds provided the delay isn’t caused by the taxpayer. The interest rate is fixed at 0.5% per month or 6% per annum, calculated as simple interest on the refundable amount. Interest begins from

Business

1-Day ITR Extension: Relief or More Stress for Taxpayers Amid Filing Glitches?

The Income Tax Department extended the ITR filing deadline for Assessment Year 2025–26 by one day, moving it from September 15 to September 16, 2025. The announcement came after the e-filing portal suffered major technical glitches, including login failures and frozen screens, leaving lakhs of taxpayers stranded. By the original deadline, 7.3 crore returns were filed, crossing last year’s record, but at least 1.5–2 crore taxpayers were still

Business

16 Sep 2025 04:52 AM

1-Day ITR Extension: Relief or More Stress for Taxpayers Amid Filing Glitches?

The Income Tax Department extended the ITR filing deadline for Assessment Year 2025–26 by one day, moving it from September 15 to September 16, 2025. The announcement came after the e-filing portal suffered major technical glitches, including login failures and frozen screens, leaving lakhs of taxpayers stranded. By the original deadline, 7.3 crore returns were filed, crossing last year’s record, but at least 1.5–2 crore taxpayers were still

Business

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied

Finance & Economics

14 Jun 2025 00:25 AM

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

India’s tax authorities are zeroing in on cryptocurrency tax evaders in a major enforcement drive led by the Central Board of Direct Taxes (CBDT). As part of an intensified compliance campaign, the CBDT has flagged thousands of individuals and entities who failed to declare their income from Virtual Digital Assets (VDAs) for the assessment years 2023–24 and 2024–25. Many skipped Schedule VDA in their income tax returns or incorrectly applied

Finance & Economics

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ITR Portal Can Handle July 31 Filing Rush, Govt Says

ITR Portal Can Handle July 31 Filing Rush, Govt Says

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

1-Day ITR Extension: Relief or More Stress for Taxpayers Amid Filing Glitches?

1-Day ITR Extension: Relief or More Stress for Taxpayers Amid Filing Glitches?

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

‘No Kings’ Protests Spread Nationwide as Americans Rally Against Trump’s Leadership

Nithin Kamath Discusses India’s AI Challenges and China's Progress

"Nara Lokesh Revives 'Red Book' Initiative Amid TDP Cadre Discontent"

Aishwarya Rai Moves Delhi High Court Against Misuse Of Images And Personality Rights

Gujarat Local Body Election Result 2026 Live: BJP Wins Big Across Urban and Rural Areas

Communities in Schools launches mental health cpr training in North Texas

PM Narendra Modi Visits Ahmedabad Plane Crash Site, Meets Sole Survivor

Two million eggs to reach North Texas families under pandemic price settlement

Saudi Arabia, Turkey and others back Trump-led Board of Peace plan

India Raises Concerns with Bangladesh Over Violence Against Hindus

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‘No Kings’ Protests Spread Nationwide as Americans Rally Against Trump’s Leadership

Nithin Kamath Discusses India’s AI Challenges and China's Progress

"Nara Lokesh Revives 'Red Book' Initiative Amid TDP Cadre Discontent"

Aishwarya Rai Moves Delhi High Court Against Misuse Of Images And Personality Rights

Gujarat Local Body Election Result 2026 Live: BJP Wins Big Across Urban and Rural Areas

Communities in Schools launches mental health cpr training in North Texas

PM Narendra Modi Visits Ahmedabad Plane Crash Site, Meets Sole Survivor

Two million eggs to reach North Texas families under pandemic price settlement

Saudi Arabia, Turkey and others back Trump-led Board of Peace plan

India Raises Concerns with Bangladesh Over Violence Against Hindus

#cbdt

ITR Portal Can Handle July 31 Filing Rush, Govt Says

ITR Portal Can Handle July 31 Filing Rush, Govt Says

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

Is Your Income Tax Refund Delayed? Here’s How The Interest Is Calculated In 2025

1-Day ITR Extension: Relief or More Stress for Taxpayers Amid Filing Glitches?

1-Day ITR Extension: Relief or More Stress for Taxpayers Amid Filing Glitches?

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

CBDT Cracks Down on Crypto Tax Evasion: Thousands Flagged for Undisclosed VDA Income

‘No Kings’ Protests Spread Nationwide as Americans Rally Against Trump’s Leadership

Nithin Kamath Discusses India’s AI Challenges and China's Progress

"Nara Lokesh Revives 'Red Book' Initiative Amid TDP Cadre Discontent"

Aishwarya Rai Moves Delhi High Court Against Misuse Of Images And Personality Rights

Gujarat Local Body Election Result 2026 Live: BJP Wins Big Across Urban and Rural Areas

Communities in Schools launches mental health cpr training in North Texas

PM Narendra Modi Visits Ahmedabad Plane Crash Site, Meets Sole Survivor

Two million eggs to reach North Texas families under pandemic price settlement

Saudi Arabia, Turkey and others back Trump-led Board of Peace plan

India Raises Concerns with Bangladesh Over Violence Against Hindus

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