ITR-U now online via ITR-1 & ITR-2: E-filing enabled for AY22 & AY23- what you need to know for filing updated income tax returns

The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance Act, 2025.The Union Budget 2025 has extended the timeline to 48 months from the assessment year’s end for filing updated returns under Section 139 (8A)…

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ICC Rankings: Ravindra Jadeja maintains top-ranking as Test all-rounder; Abhishek Sharma takes T20I batter top spot | Cricket News

Ravindra Jadeja celebrates his century with Washington Sundar on Day 5 of the fourth Test between India and England. (Getty Images) Ben Stokes and Ravindra Jadeja have made significant advances in the ICC Men’s Test Player Rankings following their performances in the drawn fourth Test between England and India. Stokes has moved to third position…

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EU sanctions on Russia oil: Indian refiners to be hit; $14.3 billion worth of exports could be at risk

The EU sanctions against Russia are expected to have significant implications for Indian refiners, according to a recent ICRA report.On July 18, the EU implemented its 18th sanctions package against Russia, prohibiting imports of refined products derived from Russian crude oil from third countries, whilst exempting Canada, Norway, the US, the UK and Switzerland.The impact…

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