Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns
The Income Tax Bill 2025 has raised concerns among taxpayers regarding refund eligibility if an Income Tax Return (ITR) is not filed before the due date. While the Income Tax Department (ITD) has clarified that there is no change in refund provisions, tax experts have pointed out inconsistencies that may impact individual taxpayers. IT Department’s Clarification on Refunds
Income Tax Refunds & New Tax Bill 2025: IT Department Clarifies, Experts Raise Concerns
The Income Tax Bill 2025 has raised concerns among taxpayers regarding refund eligibility if an Income Tax Return (ITR) is not filed before the due date. While the Income Tax Department (ITD) has clarified that there is no change in refund provisions, tax experts have pointed out inconsistencies that may impact individual taxpayers. IT Department’s Clarification on Refunds
Mumbai to Get Unified Ticketing System for All Public Transport Services
Mumbai’s urban mobility is set for a major transformation with the introduction of a unified ticketing system called Mitra. The new platform, announced by the Maharashtra government, will allow commuters to use a single card or mobile application to access various public transport services, including local trains, BEST buses, Metro rail, and even app-based cabs. The initiative was revealed after a meeting between Maharashtra Chief Minister Devendra Fadnavis and Union Railway M
Mumbai to Get Unified Ticketing System for All Public Transport Services
Mumbai’s urban mobility is set for a major transformation with the introduction of a unified ticketing system called Mitra. The new platform, announced by the Maharashtra government, will allow commuters to use a single card or mobile application to access various public transport services, including local trains, BEST buses, Metro rail, and even app-based cabs. The initiative was revealed after a meeting between Maharashtra Chief Minister Devendra Fadnavis and Union Railway M
10 Health Benefits of Citrus Fruits You Should Know
Boosts Immunity Citrus fruits are packed with vitamin C, a potent antioxidant that plays a key role in strengthening the immune system. Vitamin C helps stimulate the production of white blood cells, which are crucial for defending the body against infections and illnesses. Regular consumption of citrus fruits can help reduce the duration and severity of colds and s
10 Health Benefits of Citrus Fruits You Should Know
Boosts Immunity Citrus fruits are packed with vitamin C, a potent antioxidant that plays a key role in strengthening the immune system. Vitamin C helps stimulate the production of white blood cells, which are crucial for defending the body against infections and illnesses. Regular consumption of citrus fruits can help reduce the duration and severity of colds and s
Rs 3.08 Lakh Crore Income Tax Refunds Disbursed in FY 2025, Up 46%
Between April and November 2024, the Indian government dispersed Rs 3.08 lakh crore in income tax refunds, reflecting a significant 46% increase compared to the same period last year. As of November 22, about 98.35% of Income Tax Returns (ITRs) filed have been e-verified, with a record-breaking 69.93 lakh ITRs submitted on a single day, July 31. The total number of ITRs filed by November 22 stands at 8.50 crore, a 7.32% increase from the previous year. The introduction of innovation
Rs 3.08 Lakh Crore Income Tax Refunds Disbursed in FY 2025, Up 46%
Between April and November 2024, the Indian government dispersed Rs 3.08 lakh crore in income tax refunds, reflecting a significant 46% increase compared to the same period last year. As of November 22, about 98.35% of Income Tax Returns (ITRs) filed have been e-verified, with a record-breaking 69.93 lakh ITRs submitted on a single day, July 31. The total number of ITRs filed by November 22 stands at 8.50 crore, a 7.32% increase from the previous year. The introduction of innovation
Prithvi Shaw Dropped from Mumbai Ranji Trophy Squad Amid Fitness Concerns
In a significant setback for Prithvi Shaw's cricketing career, the opening batter has been excluded from Mumbai's Ranji Trophy squad. While the team management has not officially disclosed the reasons for his omission, reports suggest that concerns over his attitude towards fitness and discipline have led to this decision. The Mumbai Cricket Association (MCA) selection committee, which includes members such as Sanjay Patil, Ravi Thaker, and Jeetendra Thackeray, has reportedl
Prithvi Shaw Dropped from Mumbai Ranji Trophy Squad Amid Fitness Concerns
In a significant setback for Prithvi Shaw's cricketing career, the opening batter has been excluded from Mumbai's Ranji Trophy squad. While the team management has not officially disclosed the reasons for his omission, reports suggest that concerns over his attitude towards fitness and discipline have led to this decision. The Mumbai Cricket Association (MCA) selection committee, which includes members such as Sanjay Patil, Ravi Thaker, and Jeetendra Thackeray, has reportedl
"Savitri Jindal Secures Third Victory in Hisar Assembly Constituency, Defeating BJP and Congress Rivals"
Savitri Jindal, the independent candidate and India’s richest woman, has achieved a remarkable victory in the Hisar Assembly constituency, defeating BJP's Kamal Gupta and Congress candidate Ram Niwas Rara by a margin of 18,941 votes. Expressing her gratitude, Jindal took to X, stating, “Abhaar Hisar Parivar” (Gratitude to the family of Hisar). At 74, Jindal's latest win marks her third successful campaign in Hisar, having previously won the seat in 2005 and
"Savitri Jindal Secures Third Victory in Hisar Assembly Constituency, Defeating BJP and Congress Rivals"
Savitri Jindal, the independent candidate and India’s richest woman, has achieved a remarkable victory in the Hisar Assembly constituency, defeating BJP's Kamal Gupta and Congress candidate Ram Niwas Rara by a margin of 18,941 votes. Expressing her gratitude, Jindal took to X, stating, “Abhaar Hisar Parivar” (Gratitude to the family of Hisar). At 74, Jindal's latest win marks her third successful campaign in Hisar, having previously won the seat in 2005 and
73% of NRIs from the USA, UK, Canada, and UAE Seek to File ITR in India, Survey Finds
Income Tax Return (ITR) filing is a critical component of financial compliance for individuals, especially for Non-Resident Indians (NRIs). This process involves reporting income, disclosing taxes paid, and claiming any potential refunds from the Indian tax department. For NRIs, understanding and complying with India's ITR filing requirements can be complex, given varied income sources and intricate tax laws. They often face the challenge of potential double taxation, necessitat
73% of NRIs from the USA, UK, Canada, and UAE Seek to File ITR in India, Survey Finds
Income Tax Return (ITR) filing is a critical component of financial compliance for individuals, especially for Non-Resident Indians (NRIs). This process involves reporting income, disclosing taxes paid, and claiming any potential refunds from the Indian tax department. For NRIs, understanding and complying with India's ITR filing requirements can be complex, given varied income sources and intricate tax laws. They often face the challenge of potential double taxation, necessitat









