November 12, 2025

Sports News

Tax refund update: CBDT gives concurrent powers to CPC Bengaluru for rectifications; what it means for taxpayers – The Times of India

Tax refund update: CBDT gives concurrent powers to CPC Bengaluru for rectifications; what it means for taxpayers – The Times of India

admin05 mins

In a move set to ease taxpayer grievances and streamline refund corrections, the Central Board of Direct Taxes (CBDT) has authorised the Commissioner of Income Tax (CPC), Bengaluru, to directly rectify mistakes in assessment orders under Section 154 of the Income-tax Act, 1961.The notification, issued on October 27, 2025 (No. 155/2025), gives the Bengaluru-based Centralised…

Read More
Tax notice alert! Buying land above Rs 30 lakh? Here’s why you may come under Income Tax Department scrutiny and how to avoid it – The Times of India

Tax notice alert! Buying land above Rs 30 lakh? Here’s why you may come under Income Tax Department scrutiny and how to avoid it – The Times of India

admin06 mins

A new property purchase can feel like a proud milestone — until a letter from the Income Tax Department lands in your inbox asking where your money came from. Experts say that such notices are becoming increasingly common as tax authorities use advanced data analytics to verify whether property buyers’ declared income matches their level…

Read More
Noel Tata’s son Neville, Bhaskar Bhat inducted by Tata Trusts to board of Sir Dorabji Tata Trust: Report – The Times of India

Noel Tata’s son Neville, Bhaskar Bhat inducted by Tata Trusts to board of Sir Dorabji Tata Trust: Report – The Times of India

admin03 mins

Neville Tata has been appointed by Tata Trusts to the board of Sir Dorabji Tata Trust (SDTT). Neville Tata is the son of Tata Trusts chairman Noel Tata. Group veteran Bhaskar Bhat has also been inducted.This appointment strengthens Noel Tata’s position whilst elevating Neville, aged 32, to one of the most significant roles within the…

Read More
Currency watch: Rupee gains 23 paise to close at 88.50 against dollar; upbeat mood on US-India trade talks lifts sentiment – The Times of India

Currency watch: Rupee gains 23 paise to close at 88.50 against dollar; upbeat mood on US-India trade talks lifts sentiment – The Times of India

admin02 mins

The rupee strengthened 23 paise to settle at 88.50 against the US dollar on Tuesday, supported by upbeat sentiment around a potential US-India trade agreement and easing concerns over the prolonged US government shutdown.At the interbank foreign exchange market, the rupee opened at 88.69 against the greenback, touched an intraday high of 88.50 and a…

Read More
US markets today: Wall Street trades mixed as rally pauses; Nvidia slides after SoftBank stake sale – The Times of India

US markets today: Wall Street trades mixed as rally pauses; Nvidia slides after SoftBank stake sale – The Times of India

admin03 mins

Wall Street witnessed mixed trading on Tuesday, cooling off after Monday’s sharp rally that followed a week of losses. The S&P 500 slipped 0.2% in early trading, the Dow Jones Industrial Average added 73 points, while the tech-heavy Nasdaq fell 0.5%. Despite the pullback, all three major indexes remained close to record highs, AP reported….

Read More
Shutdown impact: US reels from lost paychecks, canceled flights, and stalled contracts; will the US economy rebound or slip deeper into slowdown? – The Times of India

Shutdown impact: US reels from lost paychecks, canceled flights, and stalled contracts; will the US economy rebound or slip deeper into slowdown? – The Times of India

admin07 mins

The longest federal government shutdown in US history may be nearing its end, but economists say it has already left deep scars on an economy struggling with slow growth, inflation, and uncertainty. With 1.25 million federal workers unpaid since October 1 and thousands of flights canceled, the economic fallout is being felt nationwide — from…

Read More
AI shift: SoftBank sells Nvidia stake for .8 billion; focuses on OpenAI after tripling first-half profit – The Times of India

AI shift: SoftBank sells Nvidia stake for $5.8 billion; focuses on OpenAI after tripling first-half profit – The Times of India

admin04 mins

Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong…

Read More
Tax surge: Net direct tax inflows cross Rs 12.92 lakh crore; collections up 7% in April-November period – The Times of India

Tax surge: Net direct tax inflows cross Rs 12.92 lakh crore; collections up 7% in April-November period – The Times of India

admin02 mins

India’s direct tax mop-up rose 7 per cent to over Rs 12.92 lakh crore between April 1 and November 10, lifted by stronger corporate tax inflows and a slowdown in refund issuances, latest government data showed.Refunds fell 18 per cent year-on-year to Rs 2.42 lakh crore during the period, aiding overall net collections, PTI reported….

Read More
Mutual fund trends: Net equity inflows drop 19% to Rs 24,690 crore in October; SIPs, gold ETFs continue to shine – The Times of India

Mutual fund trends: Net equity inflows drop 19% to Rs 24,690 crore in October; SIPs, gold ETFs continue to shine – The Times of India

admin05 mins

Net inflows into mutual fund equity schemes slipped nearly 19% month-on-month to Rs 24,690 crore in October, marking the third consecutive monthly decline even as retail SIP investments and gold ETFs remained resilient, data from the Association of Mutual Funds in India (Amfi) showed on Tuesday.Amfi attributed the decline in equity inflows largely to profit-booking…

Read More
Atmanirbhar push: ‘Country of origin’ filters on e-commerce sites soon? Move to help Indian goods compete fairly – The Times of India

Atmanirbhar push: ‘Country of origin’ filters on e-commerce sites soon? Move to help Indian goods compete fairly – The Times of India

admin03 mins

AI image (Picture credit: DALL-E) The Indian government has proposed a new rule mandating e-commerce platforms to include filters allowing users to sort products based on their ‘country of origin’, a move aimed at improving transparency and promoting locally made goods.According to news agency Reuters, the draft amendment to the Legal Metrology (Packaged Commodities) Rules,…

Read More