Britain’s finance minister Rachel Reeves announced plans to make the country a “defence industrial superpower” by allocating an additional 2.2 billion pounds to the sector, prioritizing new technology and innovation such as drones and AI. Reeves aims to reform the procurement system to give small companies better access to defence contracts and set aside 400 million pounds for UK defence innovation, emphasizing the importance of this investment in a more insecure world.
Full Article
ITR e-filing 2024-25: ITR-1 & ITR-2 forms enabled online for income tax e-filing;
Income Tax Department had extended the deadline to file ITR for FY 2024-25 to September 15 from July 31. (AI image) ITR Filing FY 2024-25: The Income Tax Department has activated its website incometax.gov.in for filing income tax returns using ITR-1 and ITR-4 forms. Eligible individuals can now submit their ITR via the e-filing portal for FY 2024-25 (AY 2025-26). Currently, only ITR-1 and ITR-4 submissions are available online, whilst those needing to submit ITR-2...
Read more