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News18
2 days ago
- Business
- News18
Income Tax Return: Will Sep 15 Deadline For ITR Filing Extend Further? What Expert Says
Last Updated: ITR Filing Last Date: The ITR filing deadline for FY2024-25 is now September 15, 2025, due to delays in Excel-utility forms. ITR Filing Last Date: The ITR filing deadline for FY2024-25 (Assessment year 2025-26) has been extended to September 15, 2025, from July 31, 2025, giving taxpayers time to complete their tax duties without any hustle and avoid the last-minute rush. The deadline was extended due to a delay in releasing the Excel-utility forms for ITR-1,2,3 & 4 forms, citing several changes in the reporting process of these forms, system upgrades, and technical preparation. The tax department released the tax utility for ITR-2 and ITR-3 a few weeks ago. Despite the extension, only 50 days remained to file the ITR for FY2024-25. Taxpayers must finish the filing process and verification before the deadline in order to avoid any untoward penalty. The tax department hasn't yet released the Excel-based utilities for ITR-5, 6, and 7 forms. Moreover, the online utility of the ITR-3 form isn't available yet. According to the Financial Express report, experts believe that the department may extend the deadline further for this reason. Still, one question among the taxpayers persists – will the deadline extend further from September 15? view comments First Published: July 29, 2025, 10:21 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
4 days ago
- Politics
- Time of India
CET conducted smoothly across Haryana; officials, volunteers praised for support
1 2 Chandigarh: The two-day Common Eligibility Test (CET) organised by the Haryana Staff Selection Commission (HSSC) concluded smoothly on Sunday. More than 90% of candidates appeared at around 3,000 examination centres set up across the state in coordination with the district administration and the education department. The seamless conduct of the exam, with hardly any incidents of unfair means or candidate harassment, marked the first major success of the Nayab Singh Saini-led BJP government in its third term. Chief minister Nayab Singh Saini praised the coordinated efforts of officers and employees across Haryana, stating that the CET set a perfect example of efficient administration. "The smooth and efficient conduct of the CET was made possible due to teamwork," he said while interacting with reporters in Panchkula. From public transport arrangements by Haryana Roadways and shuttle services, to facilitation by police personnel at and around exam centres, officials worked in unison. Like Saturday, HSSC chairman Himmat Singh and transport minister Anil Vij conducted first-hand inspections of arrangements at centres and bus depots, and interacted with students. At several centres, police personnel acted as Samaritans. In Panchkula, DCP Srishti Gupta deputed her escort vehicle to help a candidate who had arrived at the wrong centre. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Learn More - How Donating Sperm May Support Your Income SpellRock Undo In Rohtak, a head constable and a constable assisted a differently-abled candidate, helping him reach the centre and shifting him to his exam room in a wheelchair. "We are compiling a list of such Samaritans -- officials and employees who went beyond their duties to help candidates. We will not only recognise their service but also recommend that the state government honour them," said Himmat Singh, who lauded the dedication of those on duty. In Kaithal, the Vaishno Sewa Samiti set up camps outside RKSD College, Jat College, and Government School at Jakholi Adda, offering tea, water, and food. They also provided tents, chairs, coolers, and fans to ensure comfort for visitors. In Karnal, Nilokheri SDM Ashok Kumar set an inspiring example when a candidate, Renu Devi, was injured in a motorcycle accident on route to the exam. The SDM ensured she received first aid and personally drove her to the exam centre, enabling her to take the test. Renu Devi and her husband expressed heartfelt gratitude to the SDM and the Karnal district administration. In Narnaul and Mahendragarh, CET-2025 witnessed a heartwarming display of compassion as volunteers from the District Red Cross Society assisted hundreds of candidates, especially Persons with Disabilities (PwD), at exam centres.
IOL News
4 days ago
- Business
- IOL News
Stokvels hold billions, but are they missing the bigger financial opportunity?
South African stokvel savers are showing resilience and determination as they continue to stash away billions in savings despite the tough economic climate. Image: File Stokvels are traditional community-based savings clubs that have largely been utilised, particularly among lower-income communities, pooling resources towards common or different goals. Last year, IOL reported that South African stokvel savers are showing their resilience and determination as they continue to stash away billions of rand in savings despite the tough economic climate. At the time, FNB revealed that, since November 2019, its customers' stokvel deposits had increased by 42 percent, surpassing the R8,3 billion mark in total member contributions. Across the country, savings through stokvels are estimated to be valued at almost R50 billion a year. On the other hand, Standard Bank, citing data from the National Stokvel Association of South Africa (Nasasa), said there are over 810,000 active stokvels in South Africa, which collect an estimated R50 billion in savings annually from more than 11 million members. Speaking to IOL, chairperson of Sakhisizwe Property Stokvel, Silindile Leseyane, said stokvels have been around for many years, primarily focusing on short-term savings and death benefits for their members. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Chairperson of Sakhisizwe Property Stokvel, Silindile Leseyane, spoke to IOL Image: Supplied 'As the stokvel industry is estimated at R52 billion, the missed opportunities are meaningful investments and opportunities to participate in the economy in a meaningful way,' she said. 'The challenge is most stokvels have a short-term focus and don't have the long-term view that is required to create real impact. They are also mostly informal, and therefore this also has an impact on the longevity of the stokvel.' She suggested stokvels would do better by being formalised, and taking fractions of their savings, ploughing them into meaningful investments. 'This would have a great economic impact for them, their families, and their communities,' she said. On the other hand, a seasoned entrepreneur, author, and stokvel expert, Busi Skenjana, told IOL that the stokvel ecosystem is fraught with challenges and misconceptions, but if done professionally, the venture can be rewarding - and she has the lived experience. Skenjana has penned a book titled: 'Stokvel Voices: The Truth, the Illusions, and the Opportunities'. 'I would say around stokvels, there is a lot of movement, the ground is actually swelling into the future,' she said. 'Being a member of a stokvel myself, I think people could do better. In the book, I have covered about five stokvels, some of which I belong to. I have actually rated the stokvels - there are about two or three which I give a high rating, according to my assessment. There is still a lot that they could do better.' Skenjana told IOL that there is a need for financial education for members of stokvels and a departure from the mindset of consumerism, where all the savings are destined to be devoured at a given time, or when a target figure is reached. 'You find that many stokvels are consumer oriented, as opposed to long-term investments. For me, that is something that is glaringly not right. The emphasis is on consumerism, as opposed to how we can, together, build wealth as a community, and to address the economic imbalances,' she said. 'We all know the origins of stokvels, which was to try and minimise the economic blow that people suffered through the apartheid era. I still find that there is more of the social and quick disposable money - we save R50,000 which we later distribute among members, blow it then we start all over again. That is wrong and an area of concern.' In her lived experience, Skenjana said she has been part of formalised stokvels, which have managed to make meaningful investments into property and other significant undertakings. She insisted that there are opportunities for young people to come together and make considerable investments as groups, which will help them in their twilight years. 'I have become a gogo and still a member of a stokvel. Gogo does not join a stokvel in her advanced years. No, one joins from their 20s and grows like that. People look at the aged people in stokvels and forget that these people became members of the stokvel when they were young. Some people have been in stokvels for more than 50 years, literally. 'I was speaking to a woman who told me that in their stokvel, they were celebrating the 50th anniversary. Personally, I think I was around 25 years old when I joined the stokvel, and I am 68 years old. I am still a member of two stokvels.' Author Busi Skenjana's life experiences have significantly shaped her understanding and advocacy for stokvels. Image: Supplied Skenjana said she is a proud member of stokvel formed around 1998 which is formally referred to as an investment club, a registered company. 'The model was a stokvel. Ten of us came together and we decided to buy a holiday home in Mpumalanga, and we converted the stokvel into a company. We have been owning that property since 1998, and it is what I can call passive income generation,' she told IOL. 'Note that the property we purchased as a stokvel is an inheritance for our children. This is something that I am trying to preach, this is not about me. Two of our fellow members have passed away, but their children are still benefiting from that stokvel. That is how we have structured it.' IOL has previously reported on incidents where members of traditional stokvels have been robbed while gathered in a house to share money, or of unscrupulous members fleeing with other members' savings. Skenjana said in this era, systems are digitalised to avoid the common pitfalls of dealing with cash. 'My advice is, stop handling cash. Even in our personal lives, it is not safe to be walking around with lots of cash in your handbag or in your back pocket. My advice to stokvels is that they must use the banking system. Banking is fairly accessible in South Africa now, unlike the era when stokvels were initially formed. People have to deposit directly into bank accounts. When it is time to share, at the end of their cycle, they should just do transfers,' she said. 'Handling cash is a no no. Unfortunately, it is still happening with the older generation, because some still say it feels good to have to touch the money physically, to see and feel the paper.' Skenjana said commercial banks have a lot of work to do in terms of guiding the stokvel members on investments. 'Quite the bulk of stokvel money is sitting in bank vaults. Members of stokvels save with the four major banks in South Africa. Having been part of the stokvel terrain, I have even established a stokvel academy. I am still to see a bank that says, we are committed to educating these stokvels. They love these stokvels for their databases, and they try and harvest as many stokvels as possible,' she said. 'In terms of financial education, it is still lacking.' In December, IOL reported that the provincial commissioner of police in Limpopo, Lieutenant General Thembi Hadebe, has warned community members, particularly social clubs or stokvels, against carrying large amounts of money, as they can be targeted by criminals and robbed. The appeal was made by the provincial police commissioner following a house robbery where a mother and daughter were robbed. Provincial police commissioner in Limpopo, Lieutenant-General Thembi Hadebe Image: SAPS 'A 54-year-old female victim fell victim to a house robbery involving a social club's money at Strydkraal Block A village under the Sekhukhune district on 9 December 2024, at about 10 pm,' Limpopo provincial police spokesperson, Colonel Malesela Ledwaba, narrated. He said preliminary investigations revealed that members of a local social club held a meeting at the victim's residence to discuss how they were going to distribute the money they had saved. That meeting started at around 3 pm. 'The meeting concluded at approximately 7 pm, and the members of the social club departed to their homes and left the victim with her teenage daughter,' said Ledwaba. 'At about 10 pm, three unknown male suspects instantly broke into her house and robbed a substantial amount of cash belonging to the social club and later locked the two victims inside one of the bedrooms before fleeing the scene on foot.' The traumatized mother and daughter were later rescued by a relative. The matter was then reported to the police. IOL News
Indianapolis Star
23-07-2025
- Sport
- Indianapolis Star
Who are Indiana football breakout players for 2025? A 'freak,' a transfer and a bunch on defense
LAS VEGAS — Indiana football coach Curt Cignetti told reporters at Big Ten media days the program has a 'lot of nice pieces' in place going into the 2025 season. The Hoosiers brought back multiple All-Americans on defense (Aiden Fisher and Mikail Kamara along with one of the Big Ten's best corners (D'Angelo Ponds). On offense, they returned one of the country's most productive receivers (Elijah Sarratt) and three starting offensive linemen (Carter Smith, Bray Lynch and Drew Evans). That list doesn't include any of the standout transfers Cignetti added — 3,000-yard passer Fernando Mendoza is garnering a ton of preseason buzz — who have a chance to help the program build on the historic success last season. Those are names most fans know, but there's plenty of potential breakout candidates on the roster beyond those known veterans. At Big Ten media days, three of IU's top returners — Kamara, Fisher and Sarratt — identified players on their side of the ball with the biggest breakout potential: Indiana football linebacker Rolijah Hardy is a 'freak' Fisher's answer is the same as it was at the end of last season when he anticipated a bright future for fellow linebacker Rolijah Hardy, one of the only true freshman on the team last year to have a prominent role outside of special teams. Hardy remains attached at the hip to Fisher as he eyes replacing Jailin Walker in the starting lineup for the Hoosiers. 'He's developing really well, mentally, his mindset has shifted from being that young guy to leading the room, which is really good going forward,' Fisher said. 'I think the game has slowed down for him." The part of his game that didn't need any work was his elite physical tools. 'He's a freak,' Fisher said. 'He can run, he can jump, he can lift. Everything you want from a linebacker, he can do physically.' Hardy was a multi-sport athlete at Lakeland (Florida) High School who earned All-State honors in basketball. Fisher can attest that Hardy hasn't lost a step on the hardwood. 'Bro is pretty good,' Fisher said, with a laugh. 'We did a three-on-three last year, and he stole the show." Indiana football receiver Makai Jackson ready to flip the switch Makai Jackson didn't get to show what he was capable of during spring camp thanks to a lingering hamstring, but his teammate said it's only a matter of time before he makes his presence felt in Bloomington. 'I know what he can do,' Sarratt said. 'I've seen it with my eyes. He's looked great in the summer, and his body been keeping up." Jackson earned third-team All-Sun Belt honors in 2024 with 46 catches for 745 yards (16.2 yards per catch) and five touchdowns. He closed out the season with back-to-back 100-yard performances against James Madison and Georgia Southern. He landed at Appalachian State after spending playing alongside Sarratt as a freshman for St. Frances (Pennsylvania). He's a big play threat — he had 12 catches of 20 yards or more through the air (tied for sixth in the FBS) for 419 yards last season — capable of playing at outside receiver and in the slot. "He's a gamer, once he get in that game or the ball gets in his hands, the switch flips,' Sarratt said. Indiana football defensive end Mikail Kamara surrounded by impact players Kamara cheated a little bit, but he rattled off a long list of breakout candidates on the defensive line that included both underclassmen and veteran transfers. 'I feel like anyone on our defensive line could do it,' Kamara said. He started by hyping up sophomore Mario Landino, a former 3-star signee out of Emmaus High School in Pennsylvania. He got his feet wet last year — he had six tackles, one forced fumble, seven quarterback pressures while playing 140 snaps as a true freshman. 'I'm expecting huge strides from him,' Kamara said. 'He put on about 20 pounds, he's still twitchy and still looks really good.' Indiana has a wide-open competition at the defensive end spot opposite Kamara with Landino competing for playing time with fellow sophomore Daniel Ndukwe and spring transfers Kellan Wyatt and Stephen Daley. Wyatt and Daley hit the ground running while taking part in IU's summer workouts. "They have acclimated really well,' Kamara said. 'I know once we get to camp I'll show them a little bit more specifics as far as the scheme and how they can manipulate what we got going on. Just raw talent? Stephen is a freak, he's athletic, just crazy. Kellan is sharp up top, he can really move well, he's quick and fast. I'm excited to have a good three-man rotation." Kamara is also excited about IU's new duo at defensive tackle, Hosea Wheeler and Tyrique Tucker, who are looking to replace James Carpenter and CJ West. Tucker backed up Carpenter going back to their days at James Madison while Wheeler was a dominant run stuffer last season for Western Kentucky. 'Tyrique, he played a lot of games last year, I expect a lot out of him,' Kamara said. 'Hosea transferred in from WKU, and works his butt off. I just feel it could be a different guy on any given day (making plays).'
Newsweek
22-07-2025
- Science
- Newsweek
NASA Reports Plane-Sized Asteroid Nearing Earth
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. NASA is monitoring an airplane-sized asteroid that is expected to zoom past the Earth on July 28 at a zippy 46,908 miles per hour. The space rock—known as 2025 OW—is estimated to be about 210 feet across and will make its closest approach to our next Monday, at a distance of around 393,000 miles, according to NASA's Jet Propulsion Laboratory (JPL). But 2025 OW isn't the only asteroid approaching us in the coming days. NASA is also tracking another airplane-sized space rock known as 2025 OX, which is estimated to be about 110 feet across, and will fly past the Earth on July 26 at a distance of 2,810,000 miles. Three more aircraft-sized space rocks are also expected to pass by Earth in the next few weeks. On July 28, asteroid 2018 BE5 will make its closest approach at a distance of just 2,580,000 miles; 2025 OR will pass within 3,040,000 miles on July 31; and, next month, 2019 CO1 will get within 4,240,000 miles of our home. A stock image shows an asteroid making a close approach to our planet. A stock image shows an asteroid making a close approach to our planet. getty images According to NASA, asteroids are inactive bodies made of all the rocky, dusty and metallic materials left behind from the formation of our solar system. They are mainly concentrated within the main asteroid belt, orbiting around the sun between the paths of Mars and Jupiter, though some may end up in the inner solar system. Asteroids of various sizes can pose different levels of threat to our planet. Small ones around 30 feet impact Earth about once in a decade, causing a very bright fireball, and a strong sonic boom. They may sometimes also break nearby windows. Space rocks measuring 160 feet and over can cause local devastation and leave a crater. Thankfully, they only impact Earth about in 1,000 years. Depending on the impact location, larger space rocks—those that measure in at over 500 feet across—can cause deaths across populated metro areas and states, says NASA. Fortunately, they only hit the Earth around every 20,000 years. Asteroids that could cause global devastation are those measuring 3,000 feet and above. These rocks hit the Earth every 700,000 years, and can potentially cause the collapse of civilization. Rocks that measure over six miles across only impact our planet every 100 million years, but they can cause devastation across the planet, and are likely to also cause mass extinctions of life. Do you have a tip on a science story that Newsweek should be covering? Do you have a question about asteroids? Let us know via science@
