Tax refund update: CBDT gives concurrent powers to CPC Bengaluru for rectifications; what it means for taxpayers

In a move set to ease taxpayer grievances and streamline refund corrections, the Central Board of Direct Taxes (CBDT) has authorised the Commissioner of Income Tax (CPC), Bengaluru, to directly rectify mistakes in assessment orders under Section 154 of the Income-tax Act, 1961.The notification, issued on October 27, 2025 (No. 155/2025), gives the Bengaluru-based Centralised…

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FIDE files formal complaint against former World Chess Champion Vladimir Kramnik after Daniel Naroditsky’s tragic death | Chess News

Vladimir Kramnik (AP Photo/Hermann J. Knippertz, File) The International Chess Federation (FIDE) has filed a formal complaint against former world champion Vladimir Kramnik with its Ethics & Disciplinary Commission (EDC). The complaint addresses Kramnik’s repeated public accusations of cheating against GM Daniel Naroditsky and GM David Navara.Naroditsky, who passed away at 29 in North Carolina,…

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COP30: India calls EU’s proposed carbon border tax an instrument of protectionism, saying it contradicts the spirit of the UN climate convention | India News

NEW DELHI: Calling unilateral climate-related trade measures such as the EU’s Carbon Border Adjustment Mechanism (CBAM) an instrument of protectionism, India on Tuesday told the global climate conference (COP30) in Belém, Brazil that such moves contradicted the spirit of the UN convention, and undermined multilateral cooperation.Delivering statements on behalf of the BASIC (Brazil, South Africa,…

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‘Predictable tactic’: India calls out Pakistan’s ‘delirious’ leadership over terror claims, says remark to deflect internal power grab | India News

NEW DELHI: India firmly rejected Pakistan’s accusations regarding the suicide car bombing near Islamabad district court on Tuesday which claimed 12 lives, calling the remarks “baseless and unfounded.”Responding to media queries on the Pakistani leader’s comments, the ministry of external affairs (MEA) said the allegations were an attempt by Islamabad to divert attention from its…

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Tax notice alert! Buying land above Rs 30 lakh? Here’s why you may come under Income Tax Department scrutiny and how to avoid it

A new property purchase can feel like a proud milestone — until a letter from the Income Tax Department lands in your inbox asking where your money came from. Experts say that such notices are becoming increasingly common as tax authorities use advanced data analytics to verify whether property buyers’ declared income matches their level…

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UPSC CSE mains result 2025 released at upsc.gov.in: Check direct link to download PDF list and other key details here

UPSC CSE mains result 2025: The Union Public Service Commission (UPSC) has announced the Civil Services Examination (CSE) Main Result 2025 today, 11 November, 2025. Candidates who appeared for the examination can now check and download the result from the official UPSC website at upsc.gov.in.A total of 2,736 candidates have qualified for the next stage…

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Chess World Cup: R Praggnanandhaa escapes scare; Arjun Erigaisi too settles for stalemate | Chess News

R Praggnanandhaa vs Daniil Dubov (Photo Credit: Michal Walusza/FIDE) In the FIDE World Cup 2025’s fourth round first games played in Panaji, multiple Indian Grandmasters achieved draws while two-time champion Levon Aronian secured a victory.R Praggnanandhaa faced a challenging situation with white pieces against GM Daniil Dubov but managed to secure a draw. The game…

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