I-T refunds drop 16% due to checks against frauds
NEW DELHI: Income tax refunds have declined 16% so far this year as authorities have built filters for payments above a specified threshold to guard against frauds.Latest data released by the Central Board of Direct Taxes on Monday showed that between April and Oct 12, gross direct tax collections were 2.4% higher at Rs 13.9…
From leading defence importer to exporter: Make in India, for the world – how 2025 was the year of reforms
One of the most successful exports is the BrahMos missile. (File photo of BrahMos) By Pawan Khatter For the defence sector, 2025 is the Year of Reforms with various goals, one of which is the focus on new domains such as cyber and space, AI, ML, hypersonics and robotics. 2025 saw several feats in these…
