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Source: Live Mint If you somehow failed to file your income tax return (ITR) for any of the past two years, you can still file an updated income tax return. These two years are 2021-22 (AY 2022-23) and 2022-23 (AY 2023-24) for which taxpayers can still file their updated return before March 31, 2025, reveals the…
Source: Live Mint As from January 1, 2025, one of the key regulations taken by the Reserve Bank of India will make it compulsory for lenders to update credit bureau records every 15 days. This may completely transform the way credit score is calculated and published, thus ensuring that the financial activity of the borrowers…
Source: Live Mint The world’s biggest cryptocurrency Bitcoin, saw its record-breaking run slow a bit at 2024-end and into the New Year 2025 — leading to the token’s first monthly drop since August 2024, according to a Bloomberg report. Bitcoin slipped 3.2 per cent in December as investors began cashing profits following the sustained rally…
Source: Live Mint The Income-Tax (I-T) Department is allowing taxpayers who qualify for the section 87A tax rebate for FY24 to now claim it in the updated Income-Tax Return (ITR) forms — ITR-2 and ITR-3, according to a report by Business Today. Eligible taxpayers will soon be able to submit a revised or belated income…
Source: Live Mint India’s initial public offering (IPO) market reached a “historic milestone” as it doubled proceeds from $5.5 billion in 2023 to $11.2 billion in 2024, as per the Global Data report. Further, Company Profiles Analyst Murthy Grandhi, promises “even bigger fireworks” in 2025, according to an ANI report. “India’s IPO market hit a…
Source: Live Mint Advance tax payment: The deadline to make your advance tax payment is fast approaching — in only three days, on December 15. So, what happens if you fail to pay tax by deadline? You could be liable for penalties and interest for delay. Thus, we bring you all you need to know…
Source: Live Mint The taxpayers’ deadline is approaching. December 31 is the last day to file belated income tax returns (ITR) with a ₹5,000 late fee. We look at how to file your delayed ITR online and what happens if you miss it. What is Belated ITR Filing? Those who could not file their ITR…
Source: Live Mint India’s cryptocurrency sector is expecting a hiring upswing by 2025-start as the industry stabilises due to domestic regulatory clarity, the market boost from the 2024 United States Presidential elections, which saw Donald Trump win, and the entry of global exchanges into the country, according to a report by the Economic Times. Further,…
Source: Live Mint The Employees Provident Fund Organisation’s Central Board of Trustees is set to meet today, November 30, to decide on various proposals, according to a Business Today report citing sources. Chaired by Union Labour and Employment Minister Mansukh Mandaviya, the CBT is the EPFO’s apex decision-making body. The proposals under discussion include the…
Source: Live Mint Alert pensioners, the last date or deadline for submitting your Life Certificate annually is today (November 30). Also known as the ‘Jeewan Pramaan Patra’, all retired state and central government employees are required to submit the document to authorised pension disbursing agencies such as banks, post offices, etc. This enables the pensioners…
