The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any customer account, prepaid instruments, wallets, and FASTags, among others after February 29, 2024.
If you are an individual, you will get your refunds quicker.
Air India, which operates 72 weekly flights from various cities to Dubai, and IndiGo cancelled their services on Wednesday.
Popular comedian Trevor Noah, who is in India for a comedy tour, called off two stand-up shows in Bengaluru due to 'technical issues' and apologised to the audience members for the inconvenience.
If you have any grievances or disputes regarding the demand stated in the notice, consider seeking professional help.
The government on Tuesday said around 49 lakh cases of income tax refunds are pending with the revenue department.
The Income-Tax Department has turned down a proposal by the Department of Economic Affairs to go slow on refunds to taxpayers.
Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department.
16 lakh refunds worth crores lying unclaimed at I-T.
Option can be exercised only for self-applications and after a year of non-payment.
Market regulator asks bankers to use real time gross settlement system for IPOs.
The Delhi airport, the country's busiest airport, on Friday early morning witnessed the collapse of a roof at Terminal 1 amid heavy rains that killed one person, prompting the government to order a detailed probe and an inspection of the structural strength of all airports.
To enhance transparency and verifiability in the poll process, the Conduct of Election Rules, 1961 were amended in 2013 to introduce the use of VVPAT machines. They were first used in the by-election to the Noksen assembly seat in Nagaland.
In a move that will speed up the issuance of I-T refunds, the Income Tax department for the first time will accept all TDS credit and refund claims not exceeding Rs 3 lakh (Rs 300,000) and Rs 25,000, respectively, at the stage of processing of income tax returns itself.
BCCI has refunded 30 percent of franchise fees paid for IPL 2016 by suspended franchises, Chennai Super Kings and Rajasthan Royals.
With the click of a mouse you could now check the status of your income tax refund online. The Income Tax department has introduced online availability of information regarding one's tax refund.
Taxpayers can claim a refund when their income tax (I-T) liability is less than the tax they have paid in a financial year. Refund can be claimed only by the person to whom it is due.
The net direct tax collection increased by 21.82 per cent to over Rs 9.57 lakh crore till October 9, helped by good inflow from corporates and individuals, the Finance Ministry said on Tuesday. The net collections have reached 52.5 per cent of the full-year budget estimates (BE) of Rs 18.23 lakh crore. The provisional figures of Direct Tax collections up to October 9, 2023, continue to register steady growth, the statement said.
Taxpayers with old, outstanding taxes will benefit from the CBDT's new scheme.
In a major setback to the leading telecom giant, telecom tribunal TDSAT on Wednesday dismissed Bharti's petition for refund of Rs 135 crore (Rs 1.35 billion) paid by it as licence fees for entry into basic services prior to the new uniform licencing
The recent suspension of the ailing airline's licence have hundreds of people making enquiries at Kingfisher's office in Dubai and other travel agents, none of whom are able to give a solution to the troubled passengers.
Every taxpayer should prefer filing income tax return online in order to avail full benefits associated with it and to remain hassle free.
Yes Securities, the broking and investment arm of Yes Bank, on Wednesday said the Supreme Court directive on loan moratorium due to pandemic has brought the much needed clarity and there will not be any financial impact on the banks as the compound interest waiver is to be reimbursed by the government. On its verdict on a batch of pleas seeking moratorium extension beyond August 31, 2020, the apex court on Tuesday said it is a policy decision, refusing to interfere with the Centre's and RBI's decision to not extend the loan moratorium beyond the limit. However, it observed that the benefit of moratorium should go to all set of borrowers irrespective of the loan amount and asked to refund any amount collected as penal interest and compound interest during March-August 2020.
Air India Express on Thursday cancelled 85 flights or around 23 per cent of the total daily capacity as the disruptions due to the cabin crew shortage continue and said Air India will operate services on 20 of its routes to minimise inconvenience to passengers.
If you have not yet filed an ITR for the 2022-2023 financial year, you can file a belated return.
Complying with the Trai directive, Idea Cellular has stopped levying one time migration fee from one of its tariff plans to the other and has refunded the subscribers their due amount.
Dubai-based low-cost airline, flydubai, has refunded the ticket cost to all its passengers, after being forced to defer its plans to launch three routes to India, it has been revealed.
The Reserve Bank of India (RBI) has barred Paytm Payments Bank from most operations, including taking deposits and fund transfers with effect from March 1, 2024. The curbs on the bank come amid several alleged failures such as violations of know-your-customer (KYC) norms. Under such a scenario, here's what works for customers using Paytm Payments Bank, according to the company.
Here's the procedure of getting your income tax refund quickly which you have not been able to get within stipulated time.
Passengers of a San Francisco-bound Air India flight faced a harrowing time due to an inordinate delay and some of them fainted as the aircraft's air-conditioning system was non-functional.
Delay in issuance of income tax refunds has topped the list of complaints received by Income Tax Ombudsman (North West Region) within three months of setting up of its office in New Delhi.
ABB India's March quarter results (Q1CY24) were led by strong margin performance. Revenue was, however, largely in line with estimates at Rs 3,080 crore (up 28 per cent Y-o-Y and up 12 per cent Q-o-Q). The growth was across electrification (30 per cent Y-o-Y), process automation (73 per cent Y-o-Y) and robotics & motion (8 per cent Y-o-Y).
The Mumbai Cricket Association has decided to refund the ticket money paid by spectators to watch the seventh and final One-Day International between India and Australia, which was washed out without a bowl being bowled on Wednesday. The modalities of refunding the ticket money will be decided on Friday said MCA vice-president and former India captain Dilip Vengsarkar.
The National Anti-Doping Agency's appeals' panel has exonerated middle-distance runner Shalu Chaudhary of doping charges and lifted her four-year ban after DNA testing revealed that her urine sample had either been tampered with or contaminated at the time of collection.
rediffGURU Samkit Maniar answers readers' personal income tax queries
Delay in receiving income tax refunds has been a major complaint of taxpayers and the department is hoping to address the issue on priority basis.
To check the status of their refund, taxpayers can log in at https://tin.tin.nsdl.com/oltas/refundstatuslogin.html.
The Telecom Regulatory Authority of India (Trai) has directed Vodafone Essar Mobile Services to refund value-added service (VAS) charges that were levied without "explicit consent". However, the regulator did not specify the amount the GSM major has to refund to the consumers.
Yes Bank on Saturday reported over two-fold jump in standalone net profit at Rs 452 crore for March quarter 2023-24, primarily due to benefits on the provision front. In the year-ago quarter, the bank logged a profit of Rs 202.43 crore. The private sector lender benefitted from write-back on income tax and interest on income tax returns, but the profits were limited by its inability to comply with the mandatory priority sector lending (PSL) requirements, its management said.
Latest exercise follows two similar attempts made by Sebi in the past
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances