Category : Search result: income data India


IT Refunds on Hold: Tax Dept Flags Mismatches in ITR Filing

Many taxpayers report receiving emails/SMS from the Income Tax Department stating their refunds are on hold due to discrepancies. The deadline to file a revised ITR for AY 2025-26 is December 31, 2024. Get clarity on the issue.

AI for DPDPA Compliance Grows, Citizen Tools Lag

India's new data protection law fuels AI tools for companies, but a critical innovation gap leaves citizens struggling to understand their privacy rights. Discover why empowering users is key to enforcement.

Disclose Foreign Assets in Revised ITR by Dec 31

Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.

New GDP, CPI, IIP Data Series from Feb 2025

India's government will launch revised GDP, retail inflation, and industrial output data series starting February 2025. A key workshop on the base revision is scheduled for Tuesday.

India to Reset Key Economic Indicators in 2026

India's key macroeconomic data, including inflation, GDP, and industrial production, will get a base-year reset in 2026. New CPI series launches Feb 12, GDP on Feb 27, and IIP on May 28. Read for details.

Princeton University Sued Over Cybersecurity Breach

Princeton University faces consolidated lawsuits after a data breach. The incident, part of a wider Ivy League security crisis, raises major concerns about digital protection in higher education. Learn the details.

TCS Standardizes Security After JLR Cyberattack

Following a costly cyberattack on Jaguar Land Rover, Tata Consultancy Services is piloting new security protocols for top clients to prevent future breaches and limit financial damage. Learn about the response and risks.

AI Giants Woo India with Freebies for Data & Users

OpenAI and Google are competing for India's vast user base and training data, leveraging the country's massive smartphone market and ultra-cheap mobile data rates. Discover the strategic play.

ITAT Restores NRI Appeal After 621-Day Email Error

Ahmedabad ITAT restores an NRI's tax appeal despite a 621-day delay, citing notices sent to a wrong email address. The ruling highlights the need for accuracy in the faceless appeals process. Read more.

IMF 'C' Rating Questions India's GDP Data Quality

The IMF's 'C' rating highlights long-standing issues with India's GDP data, including an outdated base year and deflator problems, casting doubt on the impressive 8.2% Q2 growth figure. Experts call for urgent statistical reforms.

India's DPDPA Rules: A Compliance Challenge

India's Digital Personal Data Protection Act Rules are now out, but businesses face a complex path to compliance. We explore the key hurdles, from consent to cross-border data flows.

Coupang Data Breach Impacts 33.7 Million Customers

South Korea's top e-commerce giant Coupang apologises after a massive data breach leaks personal details of 33.7 million users. Learn about the investigation and how to protect yourself.

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