With the ITR filing deadline extended to September 15, 2025, taxpayers have a greater opportunity to earn higher interest on refunds this year. Due to the RBI’s recent rate cuts, the interest on delayed tax refunds is expected to be nearly 33% higher.
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Many young investors in their 20s and 30s believe that saving Rs 1 crore is a solid retirement goal. But if inflation continues at 6% annually, the real value of Rs 1 crore after 30 years will be just Rs 17.4 lakh.
ITR filing for AY 2025-26 began late due to tech delays. Learn how to check your ITR and refund status online, and why early filing still matters.
The RBI on Friday cut repo rate by a higher-than-expected 50 basis points to prop up growth, which has slowed to a four-year low of 6.5 per cent in FY25.
RBI MPC meeting: Repo rate cut is expected to lower EMIs for home loan borrowers, providing significant relief, while also likely reducing fixed deposit returns for investors
In this article, we will dive deep into both tax regimes - Old Tax Regime and New Tax Regime. The write-up will explain features, benefits, recent changes, and practical implications for taxpayers of the both tax regimes.
LIC of India, the leading Public sector Insurer, has been awarded the ISO 22301:2019 Business Continuity Management System (BCMS) certification from the British Standards Institution (BSI) .
LIC's net premium income in Q4FY25 was Rs 1.47 lakh crore as against Rs 1.52 lakh crore a year ago.
This extension will provide more time due to significant revisions in ITR forms, system development needs, and TDS credit reflections, says CBDT