फाइनेंस
ITR Refunds Are Delayed: CBDT’s High-Value Checks, New Refund Timeline 2025, and How to Check Your Refund Status
ITR Refunds Are Delayed: For lakhs of taxpayers across India, Income Tax Refunds for FY 2024–25 (Assessment Year 2025–26) have been stuck for weeks despite timely filing. With rising frustration over delays, the Central Board of Direct Taxes (CBDT) has finally clarified the real reasons behind the slowdown, confirmed the ...
OBR Accidental Leak Exposes Full UK Budget 2025: Major Tax Rises, Frozen Thresholds and Surprising Policy Shifts Revealed
In an unprecedented and highly disruptive turn of events, the Office for Budget Responsibility (OBR) accidentally published its full Economic and Fiscal Outlook nearly an hour before Chancellor Rachel Reeves was due to present the UK Budget 2025. The premature release — live for a short period on an unprotected ...
UK Autumn Budget 2025: Tax Rises, Cost-of-Living Crisis and Industry Pushback
UK Autumn Budget 2025: The UK is heading into one of its most consequential Autumn Budgets in years, as Chancellor Rachel Reeves prepares to unveil a sweeping package of tax rises, welfare reversals and fiscal tightening on 26 November. With Britain struggling under stagnant growth, rising living costs and mounting ...
Rupee Collapses to Historic 89.50 per Dollar as RBI Scales Back Support and Trade Uncertainty Deepens
The Indian rupee plunged to an unprecedented low on Friday, slipping past the long-defended 88.80 mark and hitting levels near 89.50 against the US dollar. The sudden and sharp slide, driven by fading expectations of a US Federal Reserve rate cut, escalating US–India trade tensions, heavy foreign investor outflows, and ...
Nvidia Financial Report Q3: AI Chip Demand Skyrockets as Blackwell Sales Drive Record $57B Revenue
Nvidia Financial Report Q3: Nvidia has delivered a landmark third-quarter performance that exceeded every Wall Street expectation, fueled by unprecedented demand for its Blackwell GPUs and soaring AI compute requirements worldwide. The company posted record revenue of $57 billion, marking a 62% surge from last year and a 22% increase ...
SBI Signals Support as Government Prepares Major PSU Bank Merger Overhaul
India’s public sector banking landscape is on the brink of one of its most significant structural shifts in recent years. Over the past week, multiple reports from Bloomberg and Informist have confirmed that the Finance Ministry has begun drafting a detailed roadmap for the next round of PSU bank mergers. ...
Martin Lewis Issues Major Warning to Debit Card Users: Hidden Costs You Can’t Ignore
Millions of consumers across the UK are being urged to reassess how they make everyday payments after money expert Martin Lewis issued a strong warning to anyone using debit cards from major banks including Lloyds, Barclays, NatWest and Nationwide. Speaking on his BBC podcast, Lewis revealed that many shoppers rely ...
Income Tax Refunds to Get Faster as CBDT Empowers CPC for Direct ITR Rectifications
Taxpayers troubled by long refund delays and unresolved ITR mistakes may finally see smoother and faster resolutions. The Central Board of Direct Taxes has issued a major notification allowing the Centralised Processing Centre in Bengaluru to directly correct errors found in income tax records. Earlier, many mismatches and mistakes had ...
Rs 8 Lakh Cash Deposit Sparks 6-Year Tax Battle | ITAT Delhi Rules in Favour of the Taxpayer
A Delhi resident’s simple bank deposit turned into a six-year legal struggle, but the Income Tax Appellate Tribunal (ITAT) Delhi finally ruled in his favour, setting a new benchmark for taxpayer rights and transparency. When a Delhi man named Mr Kumar deposited ₹ 8.68 lakh in his bank account, he ...
CBDT Extends ITR and Audit Due Dates for AY 2025–26: Big Relief for Taxpayers and Professionals
In a major relief to taxpayers, professionals, and business entities, the Central Board of Direct Taxes (CBDT) has officially extended the deadlines for filing Income Tax Returns (ITRs) and tax audit reports for the Assessment Year 2025–26. According to the notification issued on October 29, 2025, the due date for ...
