Latest news with #EVC
India Today
3 days ago
- Business
- India Today
ITR filing made easy: Here's a simple step-by-step guide to file income tax return
Filing your income tax return (ITR) might seem overwhelming at first, but with the right steps, it's actually quite straightforward—especially when done online. And here's a bit of relief for crores of taxpayers as the Income Tax Department has extended the last date to file ITR for AY 2025-26 from July 31 to September 15, 2025, for those not requiring an audit. That means you now have 45 extra days to file your return without facing any late make the process smoother, the tax department has released updated ITR utilities for ITR-1 (Sahaj) and ITR-4 (Sugam). These are user-friendly tools designed to help you fill in and submit your return online with THESE KEY DOCUMENTS FIRSTBefore starting your income tax return, ensure you have key documents in hand. These include Form 16 from your employer, Form 26AS, the Annual Information Statement (AIS) and Tax Information Statement (TIS) from the income tax portal, and your bank statements. Interest certificates from banks or post offices are also essential. Together, these help confirm your total income and taxes already THE RIGHT ITR FORMThe Income Tax Department has released seven ITR forms (ITR-1 to ITR-7) for FY 2024– individuals fall under ITR-1 to ITR-4, depending on how they earn, whether through salary, business, or other let's walk through the simple steps to file your ITR TO FILE ITR ONLINE: STEP-BY-STEPadvertisementTo file your ITR online, start by visiting the official income tax e-filing portal and logging in with your PAN and password. Once logged in, go to the 'e-File' tab and click on 'File Income Tax Return'. Choose the appropriate assessment year, AY 2025-26, for income earned in FY 2024-25, and select the 'Online' filing choose your filing status. Most taxpayers will select 'Individual'. Then, pick the correct ITR form based on your income type. You'll also need to mention the reason for filing your return, such as having taxable income above the exemption limit or meeting certain other and validate all the pre-filled information shown on the portal, including your personal details, bank information, and income everything looks correct, e-verify your return within 30 days. You can do this through Aadhaar OTP, Net Banking, EVC, or by posting a signed copy of ITR-V to the CPC in accurate and timely ITR filing not only keeps you tax-compliant but also helps in quicker refunds and smoother financial planning. Take advantage of the new deadline and updated portal to file Reel
News18
6 days ago
- Business
- News18
How To File ITR 2025? A Step-By-Step Guide For Online And Offline Income Tax Return Filing For AY 2025–26
Last Updated: The income tax department enabled Excel-based utilities for ITR-1 and ITR-4 for offline filing for FY 2024-25. 15,497 ITRs were filed on May 30, with 13,432 verified. Income Tax Return Filing 2025: As the income tax department has enabled the Excel-based utilities of ITR-1 and ITR-4 to allow the offline ITR fling for FY 2024-25 (AY 2025-26), over 15,500 income tax returns (ITR) have been filed within a day on Saturday, May 31. Out of these, 13,450 have been verified. The online ITR filing is yet to start. The last date to file ITR without penalty is September 15, 2025. Whether you're filing for the first time or are a regular taxpayer, understanding the online and offline ITR processes is crucial to avoid last-minute errors and penalties. Who Needs To File ITR? Filing ITR is mandatory for individuals whose total income exceeds the basic exemption limit of Rs 3 lakh under new tax regime. Under the old tax regime, the tax exemption limit is Rs 3 lakh for those below 60, Rs 3.5 lakh for senior citizens, and Rs 5 lakh for super senior citizens (80+). Additionally, filing is compulsory if you meet any of these criteria: Even if your income is below the threshold, filing ITR can be beneficial — especially to claim refunds, carry forward losses, or for use as income proof for loans or visa applications. 2. Open and Enable Macros Extract ZIP file Open Excel and enable macros 3. Fill in Details Enter personal info, income, deductions, taxes paid Refer to Form 16, 26AS, AIS, etc. 4. Validate 5. Generate JSON 6. Upload JSON 7. Verify and Submit Verify ITR using Aadhaar OTP, net banking, DSC, or EVC Submit return after verification Online filing, or e-filing, is the most popular method and is done via the official income tax e-filing portal. Though online ITR filing has not started yet, here's how to do that: Visit the portal and log in using PAN (as User ID) and password. New users can register using PAN, Aadhaar, and contact details. Select the relevant ITR form (e.g., ITR-1 for salaried individuals). Use the 'Income Tax Return' option under the e-File tab. Step 3: Pre-fill and Validate Details Auto-filled data from Form 26AS and AIS can be reviewed and edited. Verify income, deductions, and tax credits. Step 4: Upload Documents Generally, documents like Form 16 are not required to be uploaded but should be used to cross-verify. Step 5: Submit and Verify Complete filing by verifying through Aadhaar OTP, net banking, DSC, or bank account EVC. Key Documents Required Form 16 (for salaried employees) Form 26AS (tax credit statement) Annual Information Statement (AIS) Bank account details Investment proofs, rent receipts, LIC premiums for deductions under Section 80C, 80D, etc. Important Dates and Late Filing Penalties Due Date: September 15, 2025 Late Filing Fee (Section 234F): Rs 1,000 if income is below Rs 5 lakh Rs 5,000 if income exceeds Rs 5 lakh Taxpayers missing the deadline may also lose the benefit of carrying forward losses. top videos View all According to the CBDT, the ITR forms for AY 2025–26 were notified earlier this year with modifications to allow reporting of capital gains in ITR-1 and ITR-4, and with improved compatibility for pre-filled data. Whether you choose to e-file or opt for offline submission, filing your ITR on time ensures financial compliance and access to benefits such as tax refunds. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : income tax income tax return Location : New Delhi, India, India First Published: May 31, 2025, 09:58 IST News business » tax How To File ITR 2025? A Step-By-Step Guide For Online And Offline Income Tax Return Filing For AY 2025–26
Yahoo
29-05-2025
- Business
- Yahoo
Entravision Communications Corporation (EVC): A Bull Case Theory
We came across a bullish thesis on Entravision Communications Corporation (EVC) on Substack by TheYoungValueHunter. In this article, we will summarize the bulls' thesis on EVC. Entravision Communications Corporation (EVC)'s share was trading at $1.9 as of 21st May. An aerial view of a broadcasting company's television stations, showing the power of the company's media presence. Entravision Communications (EVC) has endured significant challenges, including a 53% revenue hit from Meta's ASP program termination and a 60% stock decline. Yet, under CEO Michael Christenson's leadership, the company has initiated a strategic transformation. EVC streamlined operations, prioritized dividends, and realigned executive incentives toward performance and long-term value creation. Management's decision to forgo cash bonuses in favor of RSUs and PUs with 200–600% stock price hurdles highlight deep alignment with shareholders. A simplified capital structure following the founder's passing has further increased the company's attractiveness as an acquisition target. EVC operates in two segments: Media and Ad-Tech. While Media EBITDA has declined, the segment retains significant strategic value in a deregulated environment, especially as the FCC under Chairman Brendan Carr may lift ownership caps and renew auction authority. The Ad-Tech segment, growing at 42% annually, now represents 40% of sales and may surpass Media, making it a strong candidate for a partial or full sale at a premium valuation. EVC's underappreciated spectrum licenses, valued at up to $276M using MHz-pop metrics, could be monetized through a future FCC auction. A complete or piecemeal sale—Media, Ad-Tech, or spectrum—could unlock an EV of $700M, over 3x the current valuation. Risks remain, including execution, regulatory setbacks, and macro headwinds, but with industry tailwinds, a leaner cost base, and high insider ownership, EVC offers compelling upside. With a dividend yield nearing 11%, shareholders are paid to wait for multiple catalysts to close the gap between price and value. Entravision Communications Corporation (EVC) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 12 hedge fund portfolios held EVC at the end of the fourth quarter which was 12 in the previous quarter. While we acknowledge the risk and potential of EVC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than EVC but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey.
Business Wire
29-05-2025
- Automotive
- Business Wire
EV Purchase Consideration Holds Steady in Canada but Brand Preferences Shift Significantly, J.D. Power Finds
TORONTO--(BUSINESS WIRE)--The percentage of new-vehicle shoppers in Canada who say they are 'very likely' or 'somewhat likely' to consider an electric vehicle (EV) for their next purchase has held steady at 28% year over year, down a single percentage point from 2024, even as the country's Incentives for Zero Emissions Vehicles (iZEV) rebate program has been paused, according to the J.D. Power 2025 Canada Electric Vehicle Consideration (EVC) Study, SM released today. However, the overall stability in consideration hides some significant shifts in underlying market dynamics. Nearly half (42%) of new-vehicle shoppers who overall say they are likely to consider an EV, also say that the pause in the $5,000 per vehicle incentive program would negatively affect their likelihood to shop for an EV. What's more, in the province of Quebec where EV incentives were temporarily paused in February and March 2025, consideration declined 8 percentage points while increasing 2 percentage points in the rest of Canada. Additionally, there has been a significant shakeup in the lineup of the most frequently considered EV brands. 'Despite a great deal of volatility in the EV marketplace, overall consumer interest in EVs at a topline level is largely unchanged this year,' said J.D. Ney, director of the automotive practice at J.D. Power Canada. "What is noteworthy, though, is the reaction to the incentive landscape, and perhaps more importantly for manufacturers, the shift in consumer interest toward traditional brands. Hyundai, Kia, Toyota, Ford and Chevrolet are now the top five most-considered brands among new-vehicle shoppers who say they are 'very likely' or 'somewhat likely' to consider an EV. Tesla, which had been among the top two EV brands considered in the study for the past four years, has fallen to eighth place among likely EV shoppers—down 16 percentage points year over year—while among all other brands combined the average gain is half a percentage point.' Following are key findings of the 2025 study: EV consideration steady, but still less than half that of U.S. market: The percentage of new-vehicle shoppers in Canada who say they are 'very likely' or 'somewhat likely' to consider an EV for their next vehicle purchase is 28%, which is down from 29% a year ago and down from 34% in 2023. In the United States, 1 by contrast, the number of shoppers who say they are either 'very likely' or 'somewhat likely' to consider an EV is 59% this year, unchanged from 2024. Shuffle in the ranks of most-considered EV brands: The top five most-considered EV brands among likely EV buyers in this year's study are Hyundai, Kia, Toyota, Ford and Chevrolet. Tesla falls six positions to eighth place among those who say they are 'very likely' or 'somewhat likely' to consider an EV. iZEV program pause weighs on significant number of EV shoppers: When asked whether the iZEV program—which offered a $5,000 rebate on the purchase of an EV and which was indefinitely paused in January—has affected their EV purchase consideration, 42% of new-vehicle shoppers who were likely to consider an EV say it had a negative effect on their decision, while 28% said the pause was more or less neutral in terms of the effect on their decision. Widespread pessimism that Canada will meet 2035 vehicle emissions target: The Canadian government committed to achieve 100% zero-emission vehicle sales by 2035 for all new light-duty vehicles. The majority (75%) of new-vehicle shoppers say they are 'not at all confident' or 'not very confident' that the target will be achieved. The Canada Electric Vehicle Consideration (EVC) Study is an annual industry benchmark for gauging EV shopper consideration. Study content includes overall EV consideration by geography; demographics; vehicle experience and use; lifestyle; and psychographics. It also includes model-level consideration details such as cross-shopping and 'why buy' findings and analysis of reasons for EV rejection. This year's study measured responses from 3,979 new-vehicle shoppers and was fielded in March-April 2025. For more information about the Canada Electric Vehicle Consideration (EVC) Study, visit See the online press release at About J.D. Power J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modelling capabilities to understand consumer behaviour, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies. J.D. Power has offices in North America, Europe and Asia Pacific. To learn more about the company's business offerings, visit
Yahoo
22-05-2025
- General
- Yahoo
Emory Valley Center continues to serve disabled community in Anderson County
OAK RIDGE, Tenn. (WATE) — The Emory Valley Center is a grassroots organization in the heart of Oak Ridge that serves thousands of people in their community every day. The EVC'S mission is to enhance the lives of children and adults with disabilities, and it has been operating out of Anderson County for nearly 70 years now. Oak Ridge police officer resigns after domestic violence arrest Dottie Thompson's daughter has used their services since 1973. 'We have grown and grown and now it serves so many people in so many different programs, but that's never to be taken for granted,' said Thompson. Not only has the EVC given her daughter a place to learn, live, and participate in the community but Thopson said it also gave her a chance to pursue her dreams. 'I was a teacher and a school administrator, and I never could have done that had it not been for the EVC providing programs for my daughter,' said Thompson. According to the president of the EVC, Jennifer Enderson, they serve over 3,200 people a year. 'Just thinking about when we started in 1955 and the services that we provide and where we are today, and I think one of the neat things is that we could potentially support somebody from birth until end of life,' said Enderson. With a number of programs, from learning centers to group homes, she said they are always looking for ways they can fill gaps where they are needed. 'We continue to grow, we continue to look for ways that we can really help people in the community, and we can just support people who have disabilities, and I just I foresee the continuing growth of all of the things that we do,' said Enderson. Being on the Emory Valley Foundation Board, Thompson hopes to ensure the organization's future. 'We do receive a lot of funds from the government, and you should never take it for granted,' she said. 'So, we always have to be advocates for our programs. We started an endowment with the East Tennessee Foundation, and we're trying to raise money so that this building will be here in the future and the programs will be self-sustaining.' This will ensure people like her daughter always have a place to call home. Two citations issued for underage vaping sales after undercover sting in Clinton 'She's lived in a group home for 20 years. It's hard for me to believe, and it's comforting to know that she will be there after I'm gone if the funding continues,' said Thompson. While the EVC has a number of programs, they also have a number of affordable and accessible homes. Currently, they have 26 ADA accessible homes, and they are looking at turning one of their larger group homes into a duplex with a grant from the Tennessee Housing Development Agency. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
