Cyberabad police refund Rs 1.49 cr to victims of cybercrimes

Cyberabad police refund Rs 1.49 cr to victims of cybercrimes

The Cyberabad Cyber Crime Police has processed 39 cases for the put-on-hold amount in cases of financial fraud since January 1, 2024. A refund of Rs 1,49,41,670 will be credited to the victims’ accounts, the deputy commissioner of police – cyber crimes, Cyberabad Commisionerate K Narsimha said in a press statement. This comes after the … Read more

ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24, says IT department

ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24, says IT department

The Income Tax Department on Friday said over 8 crore income tax returns were filed for assessment year 2023-24 till date. In a post on X, I-T deparment said: “Unique landmark for the Income-tax Department! Over 8 crore ITRs filed for the AY 2023-24 till date,” the income tax department said in a post on … Read more

ITR filing: What are the consequences of missing December 31 income tax return filing deadline?

ITR filing: What are the consequences of missing December 31 income tax return filing deadline?

Sometimes, individuals might be unaware of the deadline for various reasons, such as not receiving notifications, overlooking communications, or assuming incorrect deadlines.- Besides, it may happen that financial hardships or difficulties hinder someone from gathering the necessary funds to pay for professional tax assistance or to cover potential tax liabilities, leading to delays. However, missing … Read more

Income tax department launches TIN 2.0: Simplified tax payments for same-day credit or refund

Income tax department launches TIN 2.0: Simplified tax payments for same-day credit or refund

In its endeavour to improve the taxpayer experience on the e-filing portal, the income tax department introduced Tax Information Network (TIN 2.0) last year. The entire tax payment has shifted from the erstwhile TIN-NSDL to TIN 2.0 with effect from April 1, 2023.   “The new e-Pay tax payment platform TIN 2.0 is an official … Read more

Nearly 2 Million Fitbit Ionic Smartwatches Recalled for Burn Hazard

Nearly 2 Million Fitbit Ionic Smartwatches Recalled for Burn Hazard

March 2, 2022 Fitbit has recalled 1.7 million Ionic Smartwatches because the lithium-ion watch batteries can overheat and burn the people wearing them, the U.S. Consumer Product Safety Commission has announced. There have been at least 115 reports in the United States of the smartwatches overheating and 59 reports internationally, the CPSC … Read more

Mumbai man writes to Jeff Bezos after a thief stole his Amazon package, gets a refund

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There are many popular stories about Amazon CEO Jeff Bezos and his focus on solving problems for consumers. This one goes in the same list. Recently when a customer from Mumbai wrote to Bezos about a missing package, within days Amazon executives contacted him and resolved his issue. This doesn’t mean that Bezos may end … Read more