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    CBDT brings new update in income tax AIS; now you can check the status of correction request; Here's how it works

    Annual Information Statement (AIS): The Central Board of Direct Taxes (CBDT) has updated the functionality of AIS which can be found on the compliance portal. Now after you put in a correction request, you will be able to see whether the reporting source took any action at all. CBDT says this makes the system more transparent.

    Income tax filing: 3 updated utilities available for filing this ITR form for AY 2024-25; find out which one works best for you

    Income tax filing: Are you an individual or Hindu Unidivided Family who have income from business or profession and do not want to opt for presumptive taxation scheme? Then you may need to file ITR-3. To help you file ITR-3 easily, the income tax department has launched online, offline using Java and Excel based utilities. But which one is better?

    Most Indian accountants overwhelmed by tech change pace, finds ACCA survey

    The Global Talent Trends Survey 2024 by the Association of Chartered Certified Accountants (ACCA) reveals that 60% of Indian finance professionals feel overwhelmed by the pace of technological change. The survey gathered responses from 10,000 professional accountants in 157 countries, exploring concerns and aspirations regarding work. The talent crunch continues, with over half of Indian respondents expecting their next career move to be external. Key workplace issues such as the cost-of-living crisis, hybrid working, mental health, and diversity were also addressed.

    To study or to work: A common dilemma of early career professionals

    Early career professionals often face a dilemma between starting a job or pursuing higher education. Gaurav Yadav, Deputy Director (Admissions) at Manipal Academy of Higher Education, suggests that individuals should gain practical experience before pursuing higher studies. This helps them understand industry dynamics and develop problem-solving skills.

    New alternatives to pre-installed Google apps may dent handset sales

    The US major has now also allowed users to choose their default search engine while setting up a new Android device and introduced changes for partners to build non-compatible or forked variants. Google has further made changes to side-loading apps - loading of apps without using an app store - by adding auto-updating capability.

    Ed-tech firm Veranda Learning acquires CA Test prep platform JK Shah Education for Rs 337.8 crore

    The said transaction will be completed in two phases, with the first phase seeing the payment of 76% of the outstanding capital together for INR 337.82 Crs. The entire transaction will be funded through a combination of Debt and Equity, both the companies said.

    The Economic Times
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