KPIT Technologies Q4 FY25 Results: Profit Surges 47%; Announces ₹6 Dividend

Domestic IT company KPIT Technologies posted a sharp 47.5% year-on-year (YoY) rise in its consolidated net profit for the March 2025 quarter (Q4FY25). The company reported a net profit of ₹244.73 crore, compared to ₹165.92 crore in the same quarter of the previous year.

Revenue Grows Nearly 16%

KPIT’s revenue from operations for the quarter stood at ₹1,528.34 crore. This marks an increase of nearly 16% compared to ₹1,317.8 crore reported in Q4FY24. The company’s basic earnings per equity share (EPS) also rose to ₹9.01 in Q4 FY25 from ₹6.06 during the same period last year.

Read More: RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings; Know What’s Driving the Rally. 

Geographical Revenue Performance

  • Americas: KPIT’s revenue from the Americas grew by 10% YoY. It reported revenue of ₹431.6 crore for the quarter, compared to ₹391.6 crore in the year-ago period.

  • UK and Europe: Revenue from the UK and Europe fell by 4% YoY. It came in at ₹691.4 crore, down from ₹722.8 crore in Q4FY24.

  • Rest of the World: Revenue from the ‘Rest of the World’ segment showed strong growth, rising 35% YoY. It stood at ₹845.5 crore, up from ₹626.4 crore in the same quarter last year.

Merger of PathPartner Technology

The board of directors of KPIT Technologies approved the merger of its wholly-owned subsidiary, PathPartner Technology Private Limited, with itself. This move is aimed at simplifying the corporate structure and enhancing operational efficiency.

Dividend Announcement for FY25

The company’s board recommended a final dividend of ₹6 per equity share of ₹10 each for the FY 2025. The record date for the dividend has not been announced yet. KPIT mentioned that the dividend is subject to approval by shareholders at the upcoming AGM (Annual General Meeting) and will be paid as per the timelines laid down by the Companies Act, 2013.

KPIT Technologies Share Price Movement

On Monday, KPIT Technologies’ stock price rose nearly 3% in intraday trading on the BSE.
 The stock opened at ₹1,221, slightly above the previous close of ₹1,220.70, and climbed as much as 2.6% to an intraday high of ₹1,252.60. Around 1:45 PM, KPIT’s share price was up 1.42%, trading at ₹1,238.

The company’s stock had recently touched its 52-week low of ₹1,020.60 on April 7, 2025. Its 52-week high was ₹1,928.75, achieved on July 12, 2024. Over the last year, KPIT Technologies’ stock has declined by around 11%.

Conclusion

KPIT Technologies delivered strong Q4 FY25 results, driven by robust profit and revenue growth. With the PathPartner merger and dividend payout, the company continues to strengthen its operations and shareholder value, despite some pressure on its stock over the past year.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

Nifty Financial Services Index Gains 0.96%, Led by Banks and Housing Finance Stocks

The Nifty Financial Services Index is a key benchmark that tracks the performance of India’s financial sector, covering a broad range of companies including banks, housing finance firms, insurance providers, and other financial services institutions. The index offers a comprehensive view of how this critical segment of the economy is performing.

As of April 28, 2025, the index closed at 26,285.70, gaining 249.60 points or 0.96% for the day.

Top Performers and Laggards

On April 28, the top gainers in the Nifty Financial Services Index included:

Meanwhile, the day’s top losers were:

Read More: RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings; Know What’s Driving the Rally. 

Structure and Calculation Method

The Nifty Financial Services Index consists of 20 stocks listed on the National Stock Exchange (NSE). It is computed using the free-float market capitalisation method, meaning the index value reflects the collective free-float market value of its constituents relative to a base market capitalisation.

The index was launched on September 7, 2011, but its base date is January 1, 2004, set with a base value of 1000. It is recalculated in real-time and is rebalanced semi-annually to ensure it remains representative of the evolving financial sector.

An important variant of the index is the Nifty Financial Services Total Returns Index, which takes into account dividends received from the constituent stocks.

Portfolio and Fundamental Metrics

Some key characteristics of the index portfolio include:

  • Dividend Yield: 2.9%

  • Price-to-Earnings (P/E) Ratio: 16.8

  • Price-to-Book (P/B) Ratio: 0.86

  • Standard Deviation: 21.36% annually

  • Correlation with Nifty 50: 0.90

These metrics highlight the relatively stable yet dynamic nature of the financial sector compared to the broader market.

Major Constituents by Weightage

The top companies driving the Nifty Financial Services Index include:

  • HDFC Bank Ltd. (32.51%)

  • ICICI Bank Ltd. (22.25%)

  • Kotak Mahindra Bank Ltd. (7.46%)

  • Axis Bank Ltd. (7.36%)

  • State Bank of India (6.93%)

Other notable players include Bajaj Finance Ltd., Bajaj Finserv Ltd., Shriram Finance Ltd., Jio Financial Services Ltd., and HDFC Life Insurance Company Ltd.

Conclusion

The Nifty Financial Services Index serves as a vital indicator of India’s financial sector health, offering investors a focused view of a key segment that drives economic growth. Its diversified composition and real-time computation make it a useful tool for benchmarking, fund creation, and investment tracking within the dynamic world of Indian finance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in securities market are subject to market risks, read all the related documents carefully before investing.      

Garden Reach Shipbuilders Share Price Soars Above 9% on Long-Term Lease Agreement with Kolkata Port

On Monday, April 28, 2025, Garden Reach Shipbuilders & Engineers Ltd saw a significant rise in its share price. The stock opened at ₹1,626.55 on the BSE, which was just slightly higher than the previous day’s closing price of ₹1,616.80. However, the share price quickly gained momentum, climbing to an intraday high of ₹1,763, reflecting a gain of more than 9% during the morning trades. This marked a notable surge in the company’s stock price, which has risen over 15% since the start of April 2025.

Details of the Long-Term Lease Agreement

The boost in Garden Reach Shipbuilders’ share price comes after the company announced a long-term lease agreement with Syama Prasad Mookerjee Port, Kolkata (SMPK). The lease was finalised for a period of 30 years, with no renewal option. This agreement was disclosed after market hours on Friday, April 25, 2025.

The leased land, located at Timber Pond, Howrah in West Bengal, offers valuable waterfront access. The company stated that this step is in line with its long-term strategy to strengthen its infrastructure to cater to the growing demand in both the domestic and export markets. The addition of the leased land is expected to support the company’s initiatives in shipbuilding, ship repair, and other engineering activities.

Read More, Sensex Surges 800 Points, Nifty 50 Reclaims 24,200: Why the Share Market is Rising?

Potential Revenue Impact

Although Garden Reach Shipbuilders has not specified the expected revenue from this lease, the move is anticipated to contribute positively to the company’s revenue generation. It is expected that the leased land will support the company in ensuring sustained revenue growth, which in turn could lead to increased earnings prospects.

The company’s strategic move to expand its infrastructure and operations, particularly in the shipbuilding and maritime sectors, will likely improve its competitive position and provide additional resources to meet the demands of a growing market.

About Garden Reach Shipbuilders & Engineers Ltd

Garden Reach Shipbuilders & Engineers Ltd (GRSE) is a prominent defence shipyard based in Kolkata, India. The company specialises in the construction and repair of both commercial and naval vessels, and it also exports the ships it manufactures.

Garden Reach Shipbuilders & Engineers share price (GRSE) is currently trading at ₹1,742.80, showing an increase of ₹126.00 (7.79%) as of 12:06 PM IST on April 28. The stock opened at ₹1,631.00, reached a high of ₹1,767.40, and a low of ₹1,622.40 during the day. The market capitalisation stands at ₹19.96K crore, with a P/E ratio of 50.58 and a dividend yield of 0.60%. Over the past 52 weeks, the stock has seen a high of ₹2,833.80 and a low of ₹881.00.

Conclusion

The long-term lease agreement is a strategic move by Garden Reach Shipbuilders to enhance its infrastructure and cater to increasing market demand. This development is expected to support the company’s growth in shipbuilding and related sectors, providing strong potential for sustained revenue and earnings growth. The positive market response reflects investor confidence in the company’s future prospects.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                           

                           

Investments in securities market are subject to market risks, read all the related documents carefully before investing.      

Sensex Surges 800 Points, Nifty 50 Reclaims 24,200: Why the Share Market is Rising?

On Monday, April 28, the Indian stock market witnessed significant gains with both Sensex and Nifty 50 climbing nearly 1% each. The Sensex surged by over 850 points, reaching 80,089 during the session, while Nifty 50 gained nearly 250 points, reclaiming the level of 24,283. 

As the market continued to rise, the BSE Midcap and Smallcap indices also saw a 1% increase. The total market capitalisation of all firms listed on the BSE grew by ₹3 lakh crore, reaching approximately ₹425 lakh crore, making share market investors richer by about ₹3 lakh crore in a single day.

Here are 5 key reasons driving the upward movement in the Indian stock market:

India’s Diplomatic Response After Pahalgam Terror Attack

Although tensions between India and Pakistan escalated following the terror attack in Pahalgam, the Indian government has responded with restraint, avoiding an aggressive military retaliation. This diplomatic approach has been noted by the market as a sign of stability. 

Furthermore, the international community, including the United States, has condemned the attack and pledged support in the fight against terrorism. The US State Department also emphasised that both India and Pakistan should work toward a responsible solution. While uncertainties remain regarding the future, the market has not factored in the possibility of extreme outcomes, such as war. 

Read More, RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings: Know What’s Driving the Rally. 

Easing of Trade War Jitters

The ongoing trade tensions between the US and China have been a concern for global markets. However, reports indicate that both countries are actively negotiating to finalise a favourable trade deal. US President Donald Trump confirmed that the administration is in talks with China for an agreement that could resolve some of the trade disputes. Although Trump stated that tariffs would not be reduced without significant concessions from China, the market has responded positively to the easing of trade war fears. 

Foreign Portfolio Investors (FPIs) Buying Indian Stocks

Foreign Portfolio Investors (FPIs) have been actively buying Indian equities since mid-April, which has significantly bolstered market sentiment. Amid concerns over the slowing US economy and the weakening US dollar, Indian markets have become an attractive investment destination. In just 8 days, FPIs have invested ₹32,465 crore in Indian stocks, marking a sharp reversal from their previous selling strategy. 

Strong Performance of Reliance and Banking Stocks

The performance of major stocks like Reliance Industries and top banking stocks has also played a pivotal role in driving the market higher. Reliance Industries saw its share price rise by more than 3% after it reported a 6% year-on-year increase in consolidated profit for the March quarter (Q4FY25). 

In addition, the banking sector has performed well, with banks such as ICICI Bank, HDFC Bank, and Axis Bank reporting better-than-expected earnings for Q4. These positive results from key sectors like banking and energy have provided much-needed support to the overall market.

Positive Market Sentiment 

The medium to long-term outlook for India’s economy remains positive due to a favourable macroeconomic environment, including expectations of a normal monsoon season. Investors are optimistic about the growth prospects in sectors such as healthcare, the digital ecosystem, electronics manufacturing, capital goods, and defence. Furthermore, India’s relatively lower dependence on external trade compared to other economies adds to its appeal as an investment destination.

Conclusion

The Indian stock market’s recent surge can be attributed to a combination of positive global and domestic factors. India’s diplomatic handling of international tensions, easing trade war fears, continued buying by foreign investors, strong performances from key companies, and a positive long-term outlook for India’s economy have all contributed to boosting investor confidence. With these factors in play, the market continues to show resilience, and the outlook for the future remains optimistic.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

Vodafone Idea Share Price in Focus After Block Deal; Goldman Sachs Buys Shares from Nokia

Vodafone Idea shares moved up over 1% on Monday after a major block deal was reported last week. The stock rose by 1.47% to ₹7.58 per share on the BSE.

Details of the Block Deal

According to NSE bulk deal data, Nokia Solutions and Networks India Pvt Ltd sold around 103 crore shares of Vodafone Idea at ₹7.65 each, amounting to a total transaction of ₹785.67 crore. Meanwhile, Goldman Sachs (Singapore) PTE bought nearly 60 crore shares of Vodafone Idea at the same price, with a total deal value of ₹457.96 crore.

Read More, RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings: Know What’s Driving the Rally. 

Recent Shareholding Update

Recently, Vodafone Idea converted its spectrum dues worth around ₹37,000 crore into equity shares. The company issued 3,695 crore equity shares to the Department of Investment and Public Asset Management (DIPAM). After this transaction, the government now owns a 48.99% stake in Vodafone Idea’s expanded paid-up capital.

Vodafone Idea Stock Price Performance

Vodafone Idea shares closed 5.92% lower at ₹7.47 on Friday, before the slight recovery on Monday.
 Looking at the longer trend:

  • The stock has gained 4% over the last one month.

  • It is down 6% so far in 2025 (year-to-date).

  • Over the past year, Vodafone Idea shares have fallen by 37%.
     However, in the past 5 years, the stock has delivered a return of 76%.

At 9:20 AM, Vodafone Idea shares were trading 0.54% higher at ₹7.51 on the NSE, with a market capitalisation of over ₹81,365 crore.

About Vodafone Idea

Vodafone Idea is a major telecom service provider in India, offering mobility and long-distance services, along with the sale of handsets and data cards.

Conclusion

Despite short-term fluctuations, Vodafone Idea’s long-term performance shows a significant 76% return over the past 5 years, making it an interesting stock to watch.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

 

M&M Share Price in Focus After Deal to Acquire 58.96% Stake in SML Isuzu for ₹555 Crore

Mahindra & Mahindra Ltd (M&M) announced on Saturday that it has signed an agreement to buy a 58.96% stake in SML Isuzu Ltd. The deal values each share at ₹650, with a total investment of ₹555 crore.

Under the agreement, M&M will purchase the entire 43.96% stake held by SML Isuzu’s promoter, Sumitomo Corporation, and an additional 15% stake from another shareholder, Isuzu Motors Ltd. Following SEBI Takeover Regulations, M&M will also make a mandatory open offer to buy up to 26% more from public shareholders.

Strengthening M&M’s Position in Commercial Vehicles

Currently, M&M holds a 3% market share in the commercial vehicles (CV) segment above 3.5 tonnes and 52% in the light commercial vehicles (LCV) segment below 3.5 tonnes. The company said this acquisition will help double its market share in the heavy CV segment to 6%. M&M aims to grow its CV market share to 10-12% by FY31 and cross 20% by FY36.

Over the last few years, M&M’s Trucks and Buses Division has made steady progress, and this move is seen as a big step to strengthen its presence in the commercial vehicles market.

Read More, RBL Bank’s Share Price Jumps 6% Post Q4 FY25 Earnings: Know What’s Driving the Rally. 

About Mahindra & Mahindra Ltd

Mahindra & Mahindra Ltd (M&M) is among India’s most diversified automobile companies, with a strong presence across multiple segments including two-wheelers, three-wheelers, passenger vehicles, commercial vehicles, tractors, and earthmoving equipment.

M&M Share Price Movement

As of April 28, 10:08 AM IST, Mahindra & Mahindra share price stood at ₹2,905.00, up by ₹40.80 or 1.42% for the day. The stock opened at ₹2,918.90, touched a high of ₹2,945.00 and a low of ₹2,882.30 during the session. The company has a market capitalisation of ₹3.48 lakh crore, a price-to-earnings (P/E) ratio of 26.25, and a dividend yield of 0.73%. Over the past 52 weeks, the stock has touched a high of ₹3,270.95 and a low of ₹2,001.00.

Since the acquisition news was announced on Saturday, M&M’s share price is expected to stay in focus on Monday as investors react to the development.

Conclusion

Mahindra & Mahindra’s strategic move to acquire a majority stake in SML Isuzu is aimed at significantly strengthening its position in the commercial vehicles segment. With ambitious targets for market share growth by FY31 and FY36, the deal marks a major step forward in M&M’s long-term plans. Investors will closely watch how this acquisition impacts the company’s future performance.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.         

ITR Filing 2025: Delay in Notifying ITR Forms: Will the Deadline Be Extended? Here’s What You Should Know

The Income Tax Department has delayed the release of ITR forms and utilities for Assessment Year 2025–26. Even though there haven’t been any big changes in the Finance Act 2024, the delay could be due to some internal work or technology updates within the department.

They might be working to update the forms to match with new systems like AIS (Annual Information Statement), TIS (Taxpayer Information Summary), and other compliance tools. This is being done to make sure that the data in the pre-filled forms is accurate and matches the latest records.

Are Backend System Changes Causing the Delay?

Yes, the delay seems to be because of changes happening in the backend technology. In the past few years, the Income Tax Department has been focusing a lot on improving digitization and automation.

With the rollout of AIS and an improved compliance portal, a lot of taxpayer data is now automatically pre-filled in ITR forms. To make sure the information is accurate, the department is likely testing the systems thoroughly before making the forms available. Even small mismatches in financial data can cause issues for taxpayers, so extra care is being taken to validate and match everything properly.

This delay is more about aligning the backend systems correctly rather than any change in tax laws.

Read More, Income Tax Return 2025: Filing Dates, ITR Form Types, and How to File Online. 

How Will This Delay Affect Salaried Taxpayers and Early Refunds?

The delay in ITR forms can create some challenges, especially for salaried taxpayers and those hoping for early refunds. Usually, companies give out Form 16 to employees by mid-May, and many people start filing their returns soon after.

If the ITR forms are not available in time, taxpayers won’t be able to file their returns, which will automatically delay their refunds. Refunds play an important role in financial planning for many individuals, and any delay can cause inconvenience or financial strain.
 

Moreover, if taxpayers are unable to file returns on time because of delayed forms, they might also have to bear interest charges until the refund is finally processed and credited by the Income Tax Department.

Will the ITR Filing Deadline Be Extended?

There have been instances in the past when the Central Board of Direct Taxes (CBDT) extended the ITR filing deadline due to portal issues or delays. However, in the last few years, the department has made efforts to stick to the original deadlines, especially for taxpayers whose accounts do not need audits.
 

If the ITR forms and utilities are delayed even until the end of June, then there is a chance that the July 31 deadline could be extended. But as of now, no official statement has been made about any deadline extension. Taxpayers are advised to continue preparing as if the deadline remains July 31 and keep checking for any official updates from the Income Tax Department.

What Should Taxpayers Do While Waiting for the Forms?

Even though the forms and utilities are not available yet, taxpayers can use this time wisely to prepare. They can start collecting important documents like Form 16 from their employer, interest certificates from banks, capital gain statements for any investments, rent receipts (if they are planning to claim HRA), and proofs of any investments made for tax savings. It is also a good idea to carefully check the Annual Information Statement (AIS) and Form 26AS to find and fix any errors.

Taxpayers can estimate their total income and expected tax liability in advance, which will make the actual filing much quicker once the forms are released. Additionally, they should check and update their bank account details on the Income Tax e-filing portal to ensure that refunds, when processed, are credited smoothly without any issues.

Conclusion

The delay in the release of ITR forms for Assessment Year 2025–26 is mainly due to backend technology upgrades and system alignment. While no official extension of the filing deadline has been announced, taxpayers should not wait and must start gathering necessary documents to ensure a smooth filing process once the forms are available. Staying proactive and prepared will help avoid last-minute hassles and ensure timely filing.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.     

Key Corporate Action This Week: HCL Tech, Tanla Platforms, 360 ONE WAM to Trade Ex-Dividend This Week

Several well-known companies, including HCL Tech, Tanla Platforms, 360 ONE WAM, Vesuvius India, ABB India, and ACME Solar Holdings, will trade ex-dividend this week, starting Monday, April 28, 2025. According to BSE data, some companies have also announced bonus issues and other corporate actions.

The ex-dividend date is when a stock starts trading without the value of its upcoming dividend. To receive the dividend, investors must be listed as shareholders by the record date.

List of Dividend Stocks Trading Ex-Dividend

Monday, April 28

  • HCL Technologies Ltd: Interim dividend of ₹18 per share.

Read More, Stocks to Watch on April 28, 2025: Reliance Industries, L&T Finance and More.  

Tuesday, April 29

  • 360 ONE WAM Ltd: Interim dividend of ₹6 per share.

Wednesday, April 30

  • Tanla Platforms Ltd: Interim dividend of ₹6 per share.

  • Vesuvius India Ltd: Final dividend of ₹14.5 per share.

Friday, May 2

  • ABB India Ltd: Final dividend of ₹33.5 per share.

  • ACME Solar Holdings Ltd: Interim dividend of ₹0.20 per share.

  • Gujarat Intrux Ltd: Interim dividend of ₹10 per share.

  • KSB Ltd: Final dividend of ₹4 per share.

  • Mold-Tek Packaging Ltd: Interim dividend of ₹2 per share.

  • Forbes Precision Tools and Machine Parts Ltd: Interim dividend of ₹5 per share.

Bonus Issue in the Upcoming Week

  • Captain Technocast Ltd: Declared a bonus issue in the ratio of 1:1. Shares will trade ex-bonus on Tuesday, April 29, 2025.

A bonus issue means that a company gives extra shares to its existing shareholders instead of cash dividends, usually to reward them and increase liquidity.

Other Corporate Actions

  • GACM Technologies Ltd: Rights issue of equity shares on Monday, April 28.

  • Lloyds Engineering Works Ltd: Rights issue of equity shares on Monday, April 28.

  • Growington Ventures India Ltd: Rights issue of equity shares on Tuesday, April 29.

  • Max India Ltd: Rights issue of equity shares on Tuesday, April 29.

  • Aanchal Ispat Ltd: Resolution Plan Suspension on Wednesday, April 30.

  • Bannari Amman Spinning Mills Ltd: Rights issue of equity shares on Wednesday, April 30.

  • KDJ Holidayscapes and Resorts Ltd: Resolution Plan Suspension on Wednesday, April 30.

  • Alan Scott Industries Ltd: Rights issue of equity shares on Friday, May 2.

  • Embassy Office Parks REIT: Income distribution rights on Friday, May 2.

Conclusion

This week is packed with important corporate actions, including dividends, bonus shares, and rights issues. Investors should track these dates closely to make informed decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                          

                          

Investments in securities market are subject to market risks, read all the related documents carefully before investing.     

ITR Filing 2025: Will July 31 Deadline Be Extended Amid Delay in Forms?

The new tax year for Assessment Year 2025–26 has started, but many taxpayers are still waiting for updates on the Income Tax Return (ITR) filing process. As of now, the Income Tax Department has not yet announced the ITR forms required to start filing for the financial year 2024–25. Without these forms, taxpayers cannot begin the process.

Why the Delay in ITR Forms?

Last year, the department released seven different ITR forms in the first half of April. This allowed many people to start their tax filing early. However, this year, it appears the department is taking extra time, possibly to introduce some changes in the forms and in the ITR utility software, which is essential for online filing. The delay has left many wondering whether the deadline of July 31 will remain or be extended.

Read More, Which ITR Form Should Senior Citizens Use for FY 2024-25?

Understanding ITR Utility

Every year, the Income Tax Department launches a new version of the ITR Utility. This is a tool that helps taxpayers file their returns online smoothly. Reports suggest that these utilities will be made available in a phased manner throughout this month. Filing for the most commonly used forms like ITR-1 and ITR-2 can only begin once these utilities are available on the official tax portal.

Is Form 16 Mandatory?

If you are a salaried employee, Form 16 is a very useful document, although it is not compulsory for filing your return. Your employer gives you this document, which shows your total salary for the year and how much tax was deducted at source (TDS).

Form 16 simplifies the filing process by clearly showing your income and the tax already paid. But even without it, you can still file your return using other documents such as:

  • Salary slips 
  • Interest certificates 
  • Form 26AS (shows tax deducted and deposited) 
  • Annual Information Statement (AIS) 
  • Taxpayer Information Summary (TIS) 

These documents help you calculate your income and any tax dues.

Can You Get an Income Tax Refund in 7 Days?

There has been talk that the Income Tax Department is aiming to process refunds within 7 days in some cases. While this is encouraging, it comes with conditions. To qualify for a quick refund:

  • Your bank account must be pre-validated and linked with your PAN 
  • There should be no errors or mismatches in your tax retur.n 
  • Your return should not require further manual verificatio.n 

If everything checks out, especially for simple salaried cases, you may get your refund quickly. However, if your tax situation is more complicated or if there are too many returns being processed at the same time, refunds may take longer.

Stay Ready and Stay Informed

With the official release of ITR forms and utilities expected soon, taxpayers should use this time to prepare their documents and stay alert for any updates from the Income Tax Department. Filing early, once it becomes available, can help you avoid last-minute hassles and may lead to a faster refund.

Conclusion

While the Income Tax Department has not yet confirmed an extension of the ITR filing deadline, the delay in releasing forms and utilities has created uncertainty. Taxpayers should use this time to organise necessary documents and monitor official updates. Staying prepared will ensure timely filing and reduce the chances of errors or delays in refunds once the process begins.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                         

                         

Investments in securities market are subject to market risks, read all the related documents carefully before investing.    

 

ITR Filing 2025: 5 Key Income Tax Rules You Should Know

As the new financial year begins, it’s time to prepare to file your income tax returns (ITR) for FY 2024–25. Taxpayers can file their ITR online through the Income Tax Department’s website. Before doing so, it’s important to understand some key rules and gather all necessary documents. One important step is to choose between the old and new tax regimes—each comes with its own benefits and limitations.

Choosing Between Old and New Tax Regime

There’s no single best tax regime for everyone—it depends on your income, investments, and eligible deductions.

  • New Tax Regime: Offers simpler tax slabs but fewer deductions. From FY25, it provides tax exemption on income up to ₹7 lakh and includes a standard deduction of ₹75,000. 
  • Old Tax Regime: Allows more deductions and exemptions, like those under Section 80C, 80D, and HRA. The standard deduction here is ₹50,000. 

Read More, ITR Filing for AY 2025-26: When Will Income Tax Return Filing Begin? Here’s What Taxpayers Need to Know. 

Save Tax through Investments (Section 80C)

If you choose the old regime, you can save tax by investing up to ₹1.5 lakh annually under Section 80C. Eligible investments include:

  • Public Provident Fund (PPF) 
  • Employees’ Provident Fund (EPF) 
  • ELSS mutual funds 
  • Tax-saving fixed deposits 
  • Sukanya Samriddhi Yojana 
  • Life insurance premiums 

In the new regime, only a few deductions like Section 80CCD(2) (NPS), 80CCH, and 80JJAA are available.

Home Loan Interest Deduction (Section 24b)

You can claim tax benefits on the interest paid on home loans under Section 24(b):

  • For self-occupied homes: Up to ₹2 lakh deduction under the old regime. 
  • For rented properties: Full interest amount can be claimed under both regimes.

House Rent and Allowance Exemptions

If you live in a rented house, you may claim House Rent Allowance (HRA) exemption (mainly under the old regime).

Other tax-free allowances include:

  • Leave Travel Allowance – Section 10(5) 
  • Gratuity – Section 10(10) 
  • Leave encashment – Section 10(10AA) 
  • Food, internet, and other work-related allowances – Section 10(14) 

Note: Most of these exemptions are available only under the old regime.

Health Insurance Deduction (Section 80D)

You can claim deductions on health insurance premiums under Section 80D:

  • ₹25,000 for yourself, spouse, and children 
  • ₹50,000 if any insured member is a senior citizen 
  • An additional ₹25,000 to ₹50,000 can be claimed for insuring parents 

Maximum deduction allowed is ₹1 lakh, depending on eligibility.

Late Filing Penalty (Section 234F)

Missing the ITR filing deadline can lead to penalties:

  • ₹1,000 if income is below ₹5 lakh 
  • ₹5,000 if income is above ₹5 lakh 

Late filing of ITR can also lead to interest charges, loss of refund, or inability to carry forward losses.

Final Tip

Filing your ITR accurately and on time helps avoid penalties and ensures a smooth refund process. Choose your tax regime wisely, keep all documents ready, and consider seeking professional advice if needed.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.                 

                 

Investments in securities market are subject to market risks, read all the related documents carefully before investing.