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tax authorities have chosen to examine high-risk refund cases for the financial year 2023-24 (Assessment Year 2024-25) using statistical analysis of specific cases. Tax officers were notified of this decision through an internal directive dated October 3, 2024, which is not publicly available. This means that even if you have already received a tax refund for the financial year 2023-24, your case could still be selected for investigation if the tax department suspects any irregularities. “Suspicious clusters, comprising of ITRs in which common email ID has been reported, has been identified based on certain rules. Details of such high-risk clusters are being disseminated to the respective CRU (Central Registry Unit) Nodal officer 1 for the purpose of verification of suspicion that false claims of refunds have been made in an organised manner or through a single key person,” said the Income Tax Department on the said internal order.

6G services by Bharat 6G Alliance proposing that the 6GHz band be used by telcos has drawn protests from technology companies and broadband service providers. The report, yet to be released in public, has identified the 6GHz band because of its large contiguous bandwidth. «It supports enhanced coverage and capacity of urban and suburban environments, and its ability to balance mobility and data requirements make it a promising 6G candidate,» the report said. ET has seen a copy of the report. «The 6 GHz to 8.4 GHz spectrum is foreseen as „Golden Band“ of opportunity for 6G success in India. The entire frequency range should be studied for use by mobile operators,» the report notes.

Bungie has made a new announcement that it is launching a new mobile game called Destiny: Rising which will be available on iOS and Android both, reported The Verge. Destiny: Rising is being developed by NetEase Games and it will be a free-to-play RPG Shooter which will be taking place in an alternate timeline of the Destiny universe while focusing on a period following the Dark Age. Destiny: Rising will be offering both first person and third person perspectives in the game and will be supporting various controllers for more enhanced gameplay. According to The Verge, Destiny: Rising will allow its players to customize their characters with unique abilities and access a wide range of powerful weapons. Also Read: Daddio release date on Netflix: When to watch Dakota Johnson movie

Subscribe to enjoy similar stories. The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices. The Vienna-based cartel now expects demand to grow by 1.93 million barrels a day this year and 1.64 million barrels a day in 2025, from 2.03 million and 1.74 million barrels a day previously.

Mexico's top economic official is suggesting that his country will actively take the U.S. side in looming trade battles with China

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BEIJING — Chinese tech company Baidu's robotaxi unit, Apollo Go, is in talks with several firms to expand into overseas markets in the «near future,» according to a source familiar with the matter.

Samsung Galaxy S23, Google Pixel 8, and Motorola G85 5G are among the devices expected to feature heavy discounts, with select models offering buyers up to 80 per cent off. Notably, the CMF Phone (1), featuring 6GB RAM and 128GB storage, will be priced as low as ₹12,499, while the Oppo K12x 5G can be snapped up for ₹11,844.In addition to these already impressive markdowns, the e-commerce giant will offer various exchange schemes and coupon discounts, further reducing the effective prices for shoppers.

HDFC Bank on Monday faced an unscheduled downtime on its net-banking and mobile banking operations. The downtime that lasted for more than an hour affected some customers performing NEFT and RTGS transactions through its banking channels. Customers took to microblogging website X (formerly twitter) to air their angst. «Is HDFC Bank server down?,» a customer Abhishek Choudhari wrote. «Can't access net-banking or the mobile app.»

Air search and rescue teams on Saturday found 39 more storm survivors who were still stranded in western North Carolina, state Gov. Roy Cooper’s office said.

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Joe Biden will survey the devastation in North and South Carolina on Wednesday as rescuers continue their search for anyone still unaccounted for after Hurricane Helene caused catastrophic damage across the Southeast and killed at least 166 people. Many residents in both states were still without running water, cellular service and electricity as floodwaters receded and revealed more of the death and destruction left in Helene's path. «We have to jump start this recovery process,» Biden said Tuesday, estimating it will cost billions. «People are scared to death. This is urgent.»

NIA) on Tuesday conducted raids at 12 places in West Bengal, including one in Kolkata in connection with alleged Maoist funding links. The raids were conducted in Kolkata's Netaji Nagar, North 24 Parganas district's Panihati, Barrackpore, Sodepur, Asansol and several other locations. The NIA along with the West Bengal Special Task Force (STF) conducted the raids. Two women, who worked with an NGO in the past, were quizzed in connection with the case by the NIA. Several documents were seized during the raids, people in the know said.

e-commerce companies Flipkart and Amazon as they are engaging in predatory pricing and are burning cash to offer heavy discounts on products, traders' body CAIT and mainline mobile retailers' association AIMRA said on Tuesday. These practices, in turn, are creating a grey market of mobile phones, causing losses to the exchequer «as players in the grey market evade taxes», they said. Confederation of All India Traders (CAIT), in collaboration with the All India Mobile Retailers' Association (AIMRA), placed the demands in a white paper on the impact of e-commerce giants Amazon and Flipkart on India's retail ecosystem. AIMRA demanded suspension of operations of Chinese mobile phone companies OnePlus, iQOO, and Poco for allegedly colluding with e-commerce players.

The full impact of Hurricane Helene won’t be known for weeks, but groups from both the public and private sector are mobilizing efforts to help those affected by the Category 4 storm that has killed at least 120 people and already caused billions in da...

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Internet Exchange Points (IXPs) and peering networks are set to surge in India amid the data centre boom to support increasing IT workloads and strong data consumption by mobile users. IXPs, typically, are physical locations where different networks connect to exchange internet traffic via common switching infrastructure. They are responsible for interconnecting internet service providers (ISPs), content delivery networks (CDNs) such as Cloudfare, Akamai, over-the-top (OTT) players such as Netflix, Amazon Prime, DNS root servers, national and international telco networks and even social media networks like Instagram. As per the Internet Society, India ranks number 2 in Asia on the IXP count metric. But it lags in penetration terms compared to Finland, Singapore, Australia and the UK. For instance, Finland and Singapore have 12.5 and 22 IXPs per 10 million people, respectively, whereas India has only 0.23 IXPs per 10 million people, according to Extreme Infocom.

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Tata Electronics, its mobile phone accessories painting facility in Hosur was engulfed in a massive fire on Saturday morning, leading to halting of operations at the only Indian vendor for the iconic iPhone. The fire incident took place at around 5:30 am and 11 fire engines were still at the spot at 4.45 pm as the fire had not been fully doused, people aware of the matter told ET. «Our emergency protocols at the plant ensured that all our employees are safe,» Tata Electronics said in a statement. «The cause of the fire is under investigation and we will take necessary actions to safeguard the interest of our employees and other stakeholders.»

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Orion AR glasses are an extension of Meta’s work with the Ray-Ban Meta smart glasses, which provided users with a hands-free digital experience without a display. With Orion, Meta has integrated holographic displays and advanced AI, pushing towards a true augmented reality experience.