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The government is considering whether to extend the September 30 deadline to switch to the UPS as barely 1 lakh out of 23 lakh government employees have opted.Several employees’ associations have written to the cabinet secretary, seeking a two-month extension to allow more staff to switch from the National Pension Scheme (NPS) to the UPS…
NEW DELHI: The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for furnishing the audit reports under the Income-tax Act, 1961, for the Financial Year 2024-25 (Assessment Year 2025-26).“The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year 2024–25…
Tax audit deadline 2025: September 30, 2025, remains the cut-off date for eligible taxpayers, including specific individuals, to file their income tax audit reports. For clarity, tax audits can only be conducted by a chartered accountant utilising income tax forms 3CA, 3CD, and 3CB. Taxpayers must submit their Income Tax Audit report via the e-filing…
Industry body, Nasscom, has urged its member companies to bring back H-1B employees stuck outside the United States before new visa fee rules come into force.The warning comes with just a day left before the US raises the cost of applying for an H-1B visa to $100,000, a move that could severely disrupt businesses.Shivendra Singh,…
Amazon has advised its employees with H-1B and H-4 visas to avoid international travel for the foreseeable future. As per a company note reviewed by news agency Reuters, the e-tailer has recommended Indian and other foreign employees currently outside the country to return back before midnight EDT on September 21. The move comes after Trump…
Microsoft has urged its employees on H-1B and H-4 visas to return to the US immediately before the Trump administration’s September 21 deadline, after which companies will be required to pay $100,000 per year for each H-1B worker visa. According to an internal email reviewed by Reuters, the software giant has also advised those already…
Elon Musk has once again asked his employees to justify their work, this time sending an email to all xAI staff requesting detailed summaries of their recent accomplishments and future plans. The Tesla and SpaceX CEO gave workers just two days to compile one-page reports outlining what they’ve achieved in the past four weeks and…
Taxpayers continue to struggle with the ITR submission process due to technical difficulties on the Income Tax department’s official portal. (AI image) ITR filing FY 2024-25 due day has been extended to today, that is September 16, 2025, but taxpayers are complaining of still facing issues with the income tax e-filing portal.Following the Finance Ministry’s…
ITR filing FY 2024-25 due date extended ITR filing FY 2024-25 due date extension: In a big relief for taxpayers, the Income Tax Department has extended the due date or deadline for filing Income Tax Returns (ITR) for AY 2025-26 by a day. The original deadline of July 31, 2025 had previously been extended to…
The second quarterly installment of advance tax for FY 2025-26 (AY 2026-27) is due on September 15, and taxpayers with liabilities above Rs 10,000 have been advised to pay taxes to avoid penal charges. A monthly interest of 1% is levied on delays or shortfalls under Sections 234B and 234C of the Income-tax Act.What is…
