October 2025
CBDT Extends Income Tax Return and Audit Report Deadlines for AY 2025–26
The Central Board of Direct Taxes (CBDT) has officially extended key compliance deadlines under the Income-tax Act, 1961, providing relief to taxpayers and professionals struggling to meet the original timelines. As per the latest CBDT notification, the due date for furnishing the Return of Income under Section 139(1) for the Assessment Year (AY) 2025–26 has…
Income Tax Audit Deadline Extended to October 31, 2025: Relief for Taxpayers
The Central Board of Direct Taxes (CBDT) has extended the due date for filing tax audit reports for the financial year 2024–25. The deadline, which was earlier September 30, 2025, has now been extended to October 31, 2025. This announcement has brought relief to thousands of businesses and professionals who were unable to complete audit…
IRCTC’s New Ticket Policy: Rescheduling of Confirmed Train Tickets Without Cancellation Fee Coming Soon
Indian Railways is preparing to make one of the biggest changes ever in its ticketing system. Soon, passengers will be able to reschedule confirmed train tickets without cancelling them or paying a cancellation fee. This means no more losing money if your travel plan changes at the last minute. This upcoming feature is expected to…
7th Pay Commission: Central Government Announces 3% DA Hike for Employees and Pensioners
The central government has approved a 3% increase in Dearness Allowance (DA) and Dearness Relief (DR) for central government employees and pensioners. With this decision, the DA has gone up from 55% to 58% of the basic pay and pension, effective July 1, 2025. The move comes ahead of the festive season, benefitting nearly 48…