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Mistakes in ITR? File a revised return by Dec 31

December 29, 2025

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Financial Express Kolkata

YOU CAN CORRECT MISTAKES, REPORT OMITTED INCOME & CLAIM DEDUCTIONS

- SAIKAT NEOGI

ANY TAXPAYER WHO missed the original due date or who has already filed an income tax return (ITR) but later identified any error or omission should file a belated or revised return by December 31.

Filing by this deadline is crucial because it is the last statutory opportunity to voluntarily comply with the law, correct mistakes, report omitted income, or claim eligible deductions.

المزيد من القصص من Financial Express Kolkata

Financial Express Kolkata

Opaque empanelment of lawyers sparks concern

DELAYS IN FRAMING guidelines for the empanelment of advocates representing the Centre before the Delhi High Court and subordinate courts are raising fresh concerns over the transparency of a selection process widely seen as favouring those with influential connections.

time to read

2 mins

May 19, 2026

Financial Express Kolkata

India, Norway firm up green strategic ties

INDIA AND NORWAY have firmed up a Green Strategic Partnership, as Prime Minister Narendra Modi and his Norwegian counterpart Jonas Gahr Store held wide-ranging talks during which they called for resolving the tensions in Ukraine and West Asia through dialogue and diplomacy.

time to read

2 mins

May 19, 2026

Financial Express Kolkata

Sebi to issue guidelines for AI-led trading framework

THE SECURITIES AND Exchange Board of India (Sebi) will soon issue guidelines for artificial intelligence (AI)-driven trading systems, Chairman Tuhin Kanta Pandey said on Monday.

time to read

1 mins

May 19, 2026

Financial Express Kolkata

‘AI slows hiring across India GCCs’

GLOBAL CAPABILITY CENTRES in India are taking a measured approach to hiring as companies are wary about the impact of geopolitical uncertainties and growing AI adoption, the CEO of ANSR, which helps firms build and run global centres, said.

time to read

1 min

May 19, 2026

Financial Express Kolkata

Benchmark indices up a tad amid huge volatility

PROFIT-BOOKING CONTINUES IN MID-, SMALL-CAPS STOCKS

time to read

2 mins

May 19, 2026

Financial Express Kolkata

TCS rolls out average 5% hike in wages

TATA CONSULTANCY SERVICES (TCS) has rolled out annual salary hikes for employees, with most increments ranging between 4.5% and 7%, although some employees have alleged that changes in compensation structure have lowered their effective salaries despite favourable performance ratings.

time to read

1 mins

May 19, 2026

Financial Express Kolkata

Tata Steel deepens downstream bet

COMPANY EYEING OVER 60% PORTFOLIO FROM VALUE-ADDED PRODUCTS

time to read

2 mins

May 19, 2026

Financial Express Kolkata

IDBI reserve price may be pruned

THE GOVERNMENT IS exploring ways to revive interest from potential buyers after its long-running efforts to divest a majority stake in the $8 billion-valued IDBI Bank hit a snag, according to people familiar with the matter.

time to read

1 min

May 19, 2026

Financial Express Kolkata

Japan PM calls for extra budget

JAPANESE PRIME MINISTER Sanae Takaichi called for an extra budget in response to rising commodity prices driven by the ongoing West Asia conflict, backtracking on her insistence that such a measure wasn’t necessary and helping spark fresh record highs in super-long bond yields.

time to read

1 min

May 19, 2026

Financial Express Kolkata

Corporate capex growth to fall to 4% in 2 yrs: Moody's

THE US-IRAN CONFLICT has sharply increased prices and tightened supplies of key imported commodities including crude oil, natural gas, LPG, and fertilisers, on which India is heavily dependent on, Moody’s noted.

time to read

1 mins

May 19, 2026

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