Income Tax Audit Explained: Key Dates, Penalties, and Filing Tips

The All India Federation of Tax Practitioners (AIFTP) has requested the Central Board of Direct Taxes (CBDT) to extend filing deadlines for income tax returns (ITRs) and tax audit reports.AIFTP President Samir Jani told PTI, “Taxpayers are facing multiple challenges this year, fr Read More

Rupee Pinned Near Record Low; Holds Ground On Central Bank Support

– The Indian rupee hovered near its record low on Wednesday, staying flat, as worries about the impact of steep U.S. tariffs and shifts in visa policies kept up the pressure, with intervention by the Reserve Bank of India offering some support.The rupee was last nearly flat at 88 Read More

‘H1B Fee Hike Will Boost Startups In India’s IT Sector While Hindering US Innovation’: USISPF Chief Amitabh Kant

New York: The recent H1B visa fee hike announced by the US administration will hit startups and innovation of the United States than India’s IT services exports, said US-India Strategic Partnership Forum (USISPF) President and CEO Mukesh Aghi. In an exclusive conversation with AN Read More

‘I Have No Idea’: Trump Stumped When Confronted About US Buying Russian Uranium | WATCH

US President Donald Trump was left red-faced during a press briefing when reporters directly confronted him about ongoing American imports of Russian uranium and fertilisers. The question came amid Washington’s aggressive push to pressure allies—particularly India—to end energy d Read More

Oil Extends Gains As Data Shows US Crude Stockpile Drop

Oil prices rose for a second day on Wednesday as an industry report showed U.S. crude inventories declined last week, adding to a sense in the market of tightening supplies.Brent futures rose 19 cents, or 0.3%, to $67.82 a barrel by 0400 GMT. U.S. West Texas Intermediate crude fu Read More

Nifty50 Loses 100 Pts, BSE Sensex Down 184 Pts In opening Bell; Indian markets mark 12 months of negative returns

The Indian stock market opened on a weak note on Wednesday, extending its losing streak and marking 12 consecutive months of negative returns. Both benchmark indices started the day in the red as global and domestic headwinds continued to weigh on investor sentiment.The Nifty 50 Read More

Walmart-Backed PhonePe Files For IPO Via Confidential Route

Walmart-backed fintech firm PhonePe has filed for an initial public offering via the confidential route, the company’s spokesperson said on Wednesday.The IPO will raise around 120 billion rupees ($1.35 billion), Moneycontrol reported, citing sources. A Bloomberg report estimated Read More

‘India Has Talent & Innovation’: Union Minister Piyush Goyal Big Message To Trump’s H1B Fee Hike

Union Minister for Commerce and Industry, Piyush Goyal has emphasised India’s strength in talent, innovation, and clean energy while addressing the US-India Strategic Partnership Forum, days after US President Donald Trump revised the H1B visa norms and raised the annual fee to U Read More

Stock Market Today: NSE, BSE To Open Flat On Caution Due To US Visa Concerns

India’s equity benchmarks are likely to open little changed on Wednesday on caution due to U.S. H-1B visa concerns, with persistent foreign outflows expected to neutralise prospects of a revival in consumption demand driven by the festive season.Gift Nifty futures were trading at Read More

Gold Eases From Record High As Investors Book Profits, Weigh Powell’s Comments

Gold fell on Wednesday as investors booked profits after hitting a record high in the previous session, while markets weighed U.S. Federal Reserve Chair Jerome Powell’s cautious remarks on potential interest rate cuts.Spot gold slipped 0.3% at $3,753.22 per ounce, as of 0224 GMT. Read More