#cbdt

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 256 views

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

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 462 views

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

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 753 views

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

Finance & Economics

Articles

PM Narendra Modi Unveils World's Tallest Rail Bridge in Kashmir

Krishna Janmashtami 2025 in the US : Puja Timings, City-Wise Schedules, Rituals, and Significance

DC police chief approves limited cooperation with federal immigration enforcement

Apartment vs Independent Home Kitchen: Do You Need Chimney, Exhaust Fan or Both

Food Entrepreneurship

One-Third of Indians Lose Money to Scams in Real-Time Payments, FICO Report Finds

CM Mohan Yadav Urges Pilgrims to Delay Travel to Prayagraj Due to Traffic Jams

Rebels Close In on Homs in Syrian Offensive Against Assad

Trump Targets Global Tariffs With New 'Liberation Day' Trade Strategy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

#cbdt

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

PM Narendra Modi Unveils World's Tallest Rail Bridge in Kashmir

Krishna Janmashtami 2025 in the US : Puja Timings, City-Wise Schedules, Rituals, and Significance

DC police chief approves limited cooperation with federal immigration enforcement

Apartment vs Independent Home Kitchen: Do You Need Chimney, Exhaust Fan or Both

Food Entrepreneurship

One-Third of Indians Lose Money to Scams in Real-Time Payments, FICO Report Finds

CM Mohan Yadav Urges Pilgrims to Delay Travel to Prayagraj Due to Traffic Jams

Rebels Close In on Homs in Syrian Offensive Against Assad

Trump Targets Global Tariffs With New 'Liberation Day' Trade Strategy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

Popular Cities

Sign In

PM Narendra Modi Unveils World's Tallest Rail Bridge in Kashmir

Krishna Janmashtami 2025 in the US : Puja Timings, City-Wise Schedules, Rituals, and Significance

DC police chief approves limited cooperation with federal immigration enforcement

Apartment vs Independent Home Kitchen: Do You Need Chimney, Exhaust Fan or Both

Food Entrepreneurship

One-Third of Indians Lose Money to Scams in Real-Time Payments, FICO Report Finds

CM Mohan Yadav Urges Pilgrims to Delay Travel to Prayagraj Due to Traffic Jams

Rebels Close In on Homs in Syrian Offensive Against Assad

Trump Targets Global Tariffs With New 'Liberation Day' Trade Strategy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

#cbdt

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

PM Narendra Modi Unveils World's Tallest Rail Bridge in Kashmir

Krishna Janmashtami 2025 in the US : Puja Timings, City-Wise Schedules, Rituals, and Significance

DC police chief approves limited cooperation with federal immigration enforcement

Apartment vs Independent Home Kitchen: Do You Need Chimney, Exhaust Fan or Both

Food Entrepreneurship

One-Third of Indians Lose Money to Scams in Real-Time Payments, FICO Report Finds

CM Mohan Yadav Urges Pilgrims to Delay Travel to Prayagraj Due to Traffic Jams

Rebels Close In on Homs in Syrian Offensive Against Assad

Trump Targets Global Tariffs With New 'Liberation Day' Trade Strategy

Congress Demands 45 Seats from DMK in Tamil Nadu Ahead of 2026 Assembly Elections

Popular Cities