Mastodawn

UK government bond yields surged, with the 30-year gilt yield jumping 16bp, after the government scrapped a planned income tax hike, stoking fiscal concerns and market volatility.
#YonhapInfomax #UKGilt #IncomeTax #YieldSurge #FiscalConcerns #30YearBondYield #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91017

UK Scraps Income Tax Hike—30-Year Gilt Yield Surges 16bp

UK government bond yields surged, with the 30-year gilt yield jumping 16bp, after the government scrapped a planned income tax hike, stoking fiscal concerns and market volatility.

Yonhap Infomax

Gaurika Verma 12h ago

CBDT relief for taxpayers! 🎯 No interest on Section 87A rebate error cases if you pay by Dec 31, 2025. System glitches caused wrong tax demands, but now you can settle dues without extra burden. 💼 This waiver offers much-needed relief to small taxpayers. ✅ Review your notices and act before the deadline! 📅 Read more: https://www.setindiabiz.com/blog/income-tax-update-no-interest-on-wrong-87a-rebate-cases-pay-revised-tax-dec-31
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Lazarou Monkey Terror 🚀💙🌈18h ago

Are they going to tax the rich instead? After exhausting all the other options have they finally come round to the right one?

https://news.sky.com/story/starmer-and-reeves-ditch-plans-to-raise-income-tax-in-budget-13470025

#Budget #IncomeTax #UKPOL #UKPOLITICS #RachelReeves #KeirStarmer #Starmer #TaxTheRich

Budget 2025: Starmer and Reeves ditch plans to raise income tax

The prime minister and chancellor have spent weeks laying the groundwork to make the manifesto-breaking announcement on 26 November, but won't go ahead with it amid fears it would further anger Labour MPs and voters.

Sky

SETINDIABIZ 1d ago

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Gaurika Verma 2d ago

ITR shows 'processed' but no refund? 🤔 Check your bank details, verify Form 26AS, & raise a reissue request if needed. 💰 Refunds can take 15-30 days. ✅ Don't let delays frustrate you! 📊 Read more: https://www.setindiabiz.com/blog/no-tax-refund-after-itr-processing-here-how-fix-it
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Gaurika Verma 2d ago

The Income Tax Department is launching a nudge campaign for Joint Development Agreement landowners. 🏗️ 25,000-30,000 entities identified in Kolkata & Bengaluru. Voluntary compliance encouraged with no penalties. 💼 Strategic tax compliance drive for real estate sector. 📊
Read more: https://www.setindiabiz.com/blog/it-dept-to-launch-nudge-campaign-on-jdas
#SetIndiaBiz #TaxCompliance #JDA #RealEstate #IncomeTax

SETINDIABIZ 4d ago

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Gaurika Verma 4d ago

Spotted an error in your ITR? 😟 No worries! You can file an updated return up to 48 months later. 📝 For AY 2025-26, that's until March 2030! 💼 Learn when you can & can't file updated returns. ✨