The Central Board of Direct Taxes (CBDT) on Tuesday extended the deadline of income tax return (ITR) filing for Assessment Year 2021-22 till March 15, 2022, a statement by the Ministry of Finance informed.
This is the third time that the deadline for filing of the ITRs has been extended for the 2020-21 financial year. The previous deadline was till December 31, 2021.
“On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic filing of various reports of audit under the provisions of the Income-tax Act, 1961 (the Act), the Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22,” the government statement said.
On consideration of difficulties reported by taxpayers/stakeholders due to Covid & in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961, CBDT further extends due dates for filing of Audit reports & ITRs for AY 21-22. Circular No. 01/2022 dated 11.01.2022 issued. pic.twitter.com/2Ggata8Bq3
— Income Tax India (@IncomeTaxIndia) January 11, 2022
Apart from the extension of the deadline for ITR filing, CBDT has also extended the due date of furnishing of Report of Audit to February 15, 2022.
The extension comes following appeals by multiple charted accountant associations, taxpayers, tax professionals, etc. to the government urging them to extend the due date of submission of tax audit reports and filing of income tax returns. Various tax professionals and charted accountants had even posted about their concerns on social media platforms a few days ago and had trended hashtags urging for an extension of the due dates.
Trai mandates telcos to provide pre-paid mobile recharge plans with 30-day validity
On Thursday, regulators Trai said that telecom operators would have to provide recharge plans with a validity of 30 days for pre-paid customers.
The step is expected to reduce the number of recharges done by a customer during a year.
Currently, telecom operators provide recharge plans with a validity of 28 days, leading to thirteen recharges during the year for customers who look for monthly recharge.
“Every telecom service provider shall offer at least one plan voucher, one special tariff voucher and one combo voucher having a validity of thirty days,” Trai said in a notification.
The notification mandates mobile phone service providers to provide one plan voucher, one special tariff voucher and one combo voucher, which shall be renewable on the same day of every month.
Further, telecom companies have been ordered to comply with the order within 60 days from the day of notification of the rules.
Gold Price Down By 3,500. Check Latest Gold Rates
The gold rate today fell by a whopping Rs 3,500 per kg across the country. In India, the gold rate today was Rs 45,500 per 10 grams of 22-carat gold. In Delhi, the gold rate was Rs 45,150. While the gold rate in Mumbai was Rs 45,150, the same as the gold rate in Delhi, according to goodreturns’ website.
Check Latest Gold Rates In Your City Here On January 29, 2022
The following prices may not match the local prices because these do not include GST, TCS and other taxes. These are the prices per 10 grams of 22-carat of gold in various cities across the country. The rates have been taken from goodreturns.in.
- Gold rate in Chennai: ₹45,490
- Gold rate in Mumbai: ₹45,150
- Gold rate in Delhi: ₹45,150
- Gold rate in Kolkata: ₹45,150
- Gold rate in Bangalore: ₹45,150
- Gold rate in Hyderabad: ₹45,150
- Gold rate in Kerala: ₹45,150
- Gold rate in Pune: ₹45,150
- Gold rate in Vadodara: ₹45,150
- Gold rate in Ahmedabad: ₹45,150
- Gold rate in Jaipur: ₹45,150
- Gold rate in Lucknow: ₹46,100
- Gold rate in Coimbatore: ₹45,490
- Gold rate in Madurai: ₹45,490
- Gold rate in Vijayawada: ₹45,150
- Gold rate in Patna: ₹45,150
- Gold rate in Nagpur: ₹45,150
- Gold rate in Chandigarh: ₹46,100
- Gold rate in Surat: ₹45,150
- Gold rate in Bhubaneswar: ₹45,150
- Gold rate in Mangalore: ₹45,150
- Gold rate in Visakhapatnam: ₹45,150
- Gold rate in Nashik: ₹45,150
- Gold rate in Mysore: ₹45,150
Google to invest up to $1 billion in a partnership with Airtel
Bharti Airtel and Google, on Friday, January 28, 2022, said that they would partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem, under which Google intends to invest up to USD 1 billion.
The amount is part of the USD 10 billion ‘Google for India Digitization Fund’, which was announced by the CEO of Google and Alphabet Sundar Pichai in 2020, and will include equity investment as well as a corpus for potential commercial agreements, to be identified and agreed on mutually agreeable terms over the next five years, the companies said in a statement.
“Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve problems of affordability, access, and digital inclusion,” they added.
The deal includes an investment of USD 700 million to acquire 1.28% ownership in Airtel and up to USD 300M toward potential multi-year commercial agreements. The partnership will focus on enabling affordable access to smartphones across price ranges and will continue to explore building on their existing partnerships to potentially co-create India-specific network domain use cases for 5G and other standards and help accelerate the cloud ecosystem for businesses across India.
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