Photo: First Post
Missed IT Return Filing, Here's Solution For People
In March, many firms worry about their IT filing and government deadlines. If you have made a mistake or have missed reporting an income while filing your Income Tax Return, there is a chance for you, providing you arrangements to update the IT and do it within two years under Section 139 (8A) under the IT Act in ITR-U form, filing for 2021-2022 till March 31, 2024.
Tags: Banking, IT Return, Income, Tax Payers, new rule
Courtesy: India Today
Photo: The Financial Express
Aluminium, Steel, Cement Industries Call For Coal Shortage, Coal Ministry Denies
Large aluminum, steel, cement companies have claimed that a shortage of coal has occurred. However, Coal India Limited and the coal ministry rejected the claims. Earlier in 2022, the Aluminium Association of India along with 8 more industries wrote a letter to centre, requesting a justified ratio of coal allocation between the power sector and industries. Coal imports plunged to a nine-year low in 2021 due to global price hike.
Tags: India, coal shortage, Government, Coal india, Income
Courtesy: Reuters
Photo: Bar and Bench
BJP Earns 50% More In FY20 Compared To FY19
According to the Election Commission of India, the annual audit report of BJP shows its income increases to Rs 3,623 crore in 2019-20 from 2,410 in 2018-19 while it spends Rs 1,651 than Rs 1,005 in FY19. However, Congress's income declined to Rs 682 from 998 core. Other national and regional parties earned below Rs 200 crore. Notably, BJP spent Rs 296.38 crore on media publicity in 2019-20.
Tags: Election Commission, Audit Report, BJP, Congress, Income
Courtesy: The Times of India
Photo: iBelieve
COVID-19 Blues: 77% Indian Adults Lose Income Due To Pandemic
The pandemic has resulted in 77% of Indian adults losing their income, revealed a recent report by Lotto247.com. The survey also indicated that the income of over 80% adults in their 40s was affected. While 73% of adults in their 50s also received less incomes, the ones above 70 years were least affected. Moreover, the report highlighted that impact was more on men as compared to women. Also, those unmarried were less affected than divorced… read-more
Tags: Income, job, salary, Coronavirus, Job Crisis
Courtesy: Hindustan Times
