Overseas holdings under scrutiny: IT dept flags non-disclosure; taxpayers get last chance to revise ITRs- get details

The Income Tax department on Thursday said it has identified “high-risk” cases in which individuals have not reported foreign assets in their income tax returns (ITRs) for Assessment Year (AY) 2025–26. Beginning November 28, the department will send SMS and email alerts to such taxpayers, advising them to file a revised return by December 31,…

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Kandla becomes fastest major port in India to reach 100 million tons in FY 26; posts strong YoY growth

Deendayal Port Authority (DPA), Kandla has become the fastest major port in India to cross 100 million tonnes (MMT) of cargo in the ongoing financial year 2025–26, achieving the milestone significantly earlier than in previous years.The port recorded 6.78% year-on-year growth, underscoring sustained momentum in cargo movement, the Kandla Port Authority said.According to DPA Chairman…

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Asahi cyberattack: Japan’s beer giant delays earnings; claims shipments resuming in stages as systems recover

Japanese beer giant Asahi on Thursday delayed the release of its full-year financial results as it continues to grapple with a major cyberattack that began in late September.“While the Company is making every effort to restore the system as quickly as possible, it has decided to postpone the announcement of financial results for the fiscal…

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Stock market hits lifetime high! Nifty50 goes past 26,300; BSE Sensex up over 400 points, crosses 86,000 for the first time

Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, rallied in trade on Thursday with both indices hitting lifetime highs. While Nifty50 went above 26,300, BSE Sensex crossed the 86,000 mark for the first time. At 10:19 AM, Nifty50 was trading at 26,278.00, up 73 points or…

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Aadhaar cleanup: UIDAI disables 2 crore deceased persons’ IDs; urges families to report deaths

The Unique Identification Authority of India (UIDAI) has deactivated more than 2 crore Aadhaar numbers belonging to deceased individuals as part of a nationwide database clean-up, according to a government release.UIDAI has sourced verified death data from multiple government channels, including the Registrar General of India (RGI), state and UT administrations, the Public Distribution System,…

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