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ITR rule update: Govt to notify new IT forms by January 2026; refunds face checks – why CBDT expects a December bounce

CBDT Chairman Ravi Agrawal has said that the government will notify the new income tax return forms and rules under the simplified Income Tax Act, 2025, by January 2026, giving taxpayers sufficient preparation time before the law comes into effect on April 1,. Speaking at the inauguration of a taxpayers’ lounge at the India International…

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Aviation upgrade: Aviation Minister K Rammohan Naidu says ATC systems under review; Delhi glitch probe to guide tech overhaul

Authorities are examining ways to strengthen air traffic control (ATC) systems after the technical snag at Delhi airport earlier this month disrupted operations and delayed more than 800 flights. Civil Aviation Minister K Rammohan Naidu said the incident has prompted a wider review of processes and technology at India’s busiest airport.Speaking on the sidelines of…

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‘So close so many times…’: Trump admin official on India-US trade deal; points to ‘complicated situation’ due to India’s Russia ties

US President Donald Trump has imposed 50% tariffs on India’s exports to the US. (AI image) India and the US may soon agree on a trade deal, a senior Donald Trump administration official has said. However, Kevin Hassett who is the National Economic Council Director under the Trump administration has noted that the situation is…

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India slips 13 ranks, figures at 23rd position in latest Climate Change Performance Index | India News

NEW DELHI: India slipped 13 ranks to figure at the 23rd position in the latest Climate Change Performance Index (CCPI), which was released by environmental think tank Germanwatch on the sidelines of the ongoing UN climate conference (COP30) in Belem, Brazil on Tuesday.It’s the biggest fall of India on the CCPI ranking in the recent…

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Infosys share buyback: IT giant’s Rs 18,000 crore buyback window to open on November 20; here’s what shareholders need to know

IT major Infosys is set to launch its largest-ever share buyback programme worth Rs 18,000 crore on Thursday, offering shareholders a tender window until November 26. The initiative will see the IT major repurchase up to 10 crore fully paid-up equity shares of face value Rs 5 each at Rs 1,800 per share, representing as…

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Bitcoin crash! Cryptocurrency dives below $90,000 for first time in 7 months; $1.2 trillion wiped out in market rout

Bitcoin slipped below the $90,000 mark for the first time in seven months on Tuesday, signalling a sharp retreat in risk appetite across global markets. The world’s biggest cryptocurrency, which touched a record high above $126,000 in October, has now surrendered all its gains for 2025 and is down nearly 30 per cent from its…

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Punjab CM Mann, Kejriwal attend ‘Kirtan Darbar’ in Srinagar Gurdwara | India News

CHANDIGARH: Punjab chief minister Bhagwant Mann and AAP national convener Arvind Kejriwal on Tuesday joined the ‘Sangat’ in a ‘Kirtan Darbar’ at a Gurdwara in Srinagar organised by the state government to mark the 350th martyrdom anniversary of Guru Tegh Bahadur. The ‘Sangat’ was held at Gurdwara Chhevin Patshahi in the summer capital of Jammu…

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Income Tax refund wait: Refund stuck for months? How much interest you may be owed as error checks slow payouts

Many taxpayers who completed their income tax return (ITR) weeks or even months ago are still waiting for their refunds despite the September 16, 2025 filing deadline having passed long ago. With bank accounts being checked daily, the tax department says the delays are tied to closer scrutiny of questionable deduction claims.Launching a taxpayers’ lounge…

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