The Financial And Tech Literacy

CBDT extends tax audit and ITR deadlines for FY 2024–25. New ITR filing date: Dec 10, 2025; Audit report due: Nov 10, 2025. Details inside. Introduction: Major Relief for Taxpayers and Professionals In a significant relief for taxpayers and professionals, the Central Board of Direct Taxes (CBDT) has declared an extension for the deadlines regarding the submission of Income Tax Returns (ITRs) and tax audit reports for the financial year 2024–25 (Assessment Year 2025–26). The extension provides much-needed breathing space for chartered accountants (CAs) , business owners , and taxpayers who have been grappling with compliance pressure, system challenges, and a busy audit season. According to the latest announcement made on Wednesday, October 29, 2025 , the deadline for furnishing tax audit reports has been extended from October 31, 2025 , to November 10, 2025 . Similarly, the deadline for filing audit-based ITRs has been moved from October 31, 2025 , to December 10, 2025 . This d...

Amazon plans its largest job cut since 2022, trimming 30,000 corporate roles as AI automation reshapes its workforce and cost priorities. Image AI Generated Amazon’s Biggest Job Cut Since 2022 Amazon is preparing to eliminate up to 30,000 corporate jobs , marking its largest round of layoffs since late 2022, when it let go of around 27,000 employees. The company, led by CEO Andy Jassy , is restructuring to address what it calls “bureaucratic inefficiency” , aiming to create a leaner, more agile organization. This sweeping move comes at a time when Amazon, one of the world’s largest employers, is balancing its AI-driven growth with rising operational costs and slowing momentum in some business segments. The layoffs reportedly target several corporate divisions — including human resources, operations, devices, and the cloud unit, AWS. The total number may fluctuate as Amazon reassesses financial priorities and the effects of automation continue to ripple through its operations. ...

Tata Motors Demerger Update: Learn why Tata Motors Commercial Vehicle shares aren’t visible in your trading app and when trading will commence. Image AI Generated Introduction If you’re a Tata Motors shareholder and recently checked your trading app only to find that Tata Motors Commercial Vehicles Ltd. (TMLCV) shares aren’t showing up or available for trading, don’t worry—you’re not alone. This situation is completely normal and part of a well-structured demerger and listing process. Tata Motors Ltd. has undergone a significant corporate restructuring , splitting into two independent entities: Tata Motors Passenger Vehicles Ltd. (TMPV) and Tata Motors Commercial Vehicles Ltd. (TMLCV) . The move, which officially came into effect on October 1, 2025 , aims to provide sharper strategic focus and operational efficiency to each segment. While the demerger process is complete and new shares have already been credited to investors’ Demat accounts , they remain frozen and non-tradable ...

Nifty 50 and Sensex may open higher in Diwali 2025 Muhurat trading. Here’s what experts predict for the Indian stock markets on October 21. Diwali 2025 Muhurat Trading: A Bright Start to Samvat 2082 As India celebrates Diwali, the country’s financial markets are set for their annual symbolic trading ritual — Muhurat Trading 2025 — marking the beginning of Samvat 2082 , the new Hindu financial year. On Tuesday, October 21, 2025 , Indian stock exchanges, including the BSE and NSE , will open briefly for this auspicious event. The special one-hour session reflects optimism, prosperity, and a fresh start for traders and investors across India. Let’s take a detailed look at what to expect from Nifty 50 , Sensex , and Bank Nifty during this unique trading window. What Is Muhurat Trading and Why It Matters Muhurat trading goes beyond being a mere tradition — it marks a fresh financial beginning for investors and symbolizes prosperity and optimism in the markets.The practice has been...

Silver slumps 6% after touching a record $54 high. Is the rally over or just resetting? Experts analyze what’s next for silver and global metals markets. Silver’s Shining Rally Meets Its First Real Test After months of relentless gains, silver’s stunning rally came to a sudden halt. The precious metal — often viewed as both an industrial commodity and a store of value — fell more than 6% from its recent record high above $54 per ounce , marking its steepest one-day drop in over six months. The spot price in New York settled at $51.88 , while gold, platinum, and palladium also slipped amid a broad pullback across the metals market. But is this correction a sign that silver’s historic rally is running out of steam? Or could it simply be a healthy reset before the next surge? Let’s unpack the key factors behind the recent fall, what market analysts are saying, and where silver could be headed next. The Perfect Storm Behind Silver’s Sudden Drop Silver’s retreat didn’t happen in iso...