Business
Income Tax Audit Report: Due Date, Eligibility, And Filing Rules
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Bhilwara Tax Bar Association seeks Rajasthan High Court extension for Tax Audit Report deadline due to portal glitches. ITR deadlines vary for audit and international transactions.
Taxpayers can still file their ITR even after the due date by filing a belated return. The Income Tax Department allows this option so that people who missed the deadline can still report their income and pay taxes properly.
Income Tax Audit Report Due Date: Even if the due date for non-audit taxpayers for filing income tax return (ITR) for FY 2024-25 (Assessment year 2025-26) is over, the income tax filing season hasn’t ended. Taxpayers whose accounts need to be audited—such as companies, proprietorships, and working partners in firms—have until October 31, 2025, to file their income tax returns (ITR) for the financial year 2024-25 (assessment year 2025-26).
Before they can do that, they must ensure their audit report is submitted by September 30, 2025. As of now, the Income Tax Department has not announced any extension to this deadline.
The Bhilwara Tax Bar Association has filed a writ petition in the Rajasthan High Court under Article 226 of the Constitution, seeking an extension of the September 30 deadline for filing Tax Audit Reports (TAR) for assessment year 2025-26.
The petition says that taxpayers and professionals are struggling with persistent glitches on the portal, delayed relase of ITR forms and limited working days ahead of the festival season.
Deadline for Those with International Dealings
If a taxpayer is involved in international transactions or certain specified domestic transactions, they are required to submit a report under Section 92E. In this case, the due date for filing ITR is November 30, 2025.
To stick to this timeline, their audit report must be submitted by October 31, 2025. Just like in other categories, the government has not given any update about extending this due date.
Missed the Due Date? Here’s the Belated ITR Deadline
If non-audit taxpayers miss the original ITR deadline on September 15, they can still file a belated return. For all taxpayers, the belated ITR for FY 2024-25 can be submitted until December 31, 2025. However, keep in mind that filing late might attract a penalty or reduce some tax benefits.
What Happens If You Miss The Deadline?
Taxpayers then need to pay interest at a rate of 1 per cent per month or part month on the unpaid tax amount.
Late Filing Penalty
Rs 1,000: If total income is below Rs 5 lakh.
Rs 5,000: If total income is above Rs 5 lakh and return is filed after the due date but before 31st December.
Losses under capital gains or business/profession can’t be carried forward to future years if you file late.

Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
September 23, 2025, 17:53 IST
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Business
UAE salaries 2025: What workers really earn without a minimum wage | World News – The Times of India
As of 2025, the UAE has not enacted a formal nationwide minimum wage for all private-sector workers. The current labor framework, outlined in Federal Decree-Law No. 33 of 2021, provides the Ministry of Human Resources and Emiratisation (MoHRE) with the legal authority to establish a national wage floor but no binding law has yet been implemented.Instead, salaries are regulated through employment contracts and visa-related requirements. Employers must pay wages via the Wage Protection System (WPS); a government-monitored payroll platform. Failure to comply can result in suspension of new work permits, fines, and company blacklisting.Recent reforms have expanded WPS coverage to include domestic and semi-professional workers like private teachers, caregivers, nannies, and farm technicians. This shift reflects a broader move toward labor standardization and income protection across job categories.
What workers typically earn: A benchmark view
Although no legally enforced floor exists, salary benchmarks function as de facto minimums in many professions. These reflect industry standards, cost of living, and immigration thresholds.
Domestic workers:
Housemaids, nannies, and drivers employed in homes now fall under stricter payment rules, with most salaries ranging from AED 1,200 to AED 1,800/month (₹28,044–₹42,066), depending on experience and nationality. WPS compliance is mandatory for these roles, ensuring regular wage transfers and legal accountability for employers.
Construction and skilled trades:
Labourers and tradesmen form the backbone of the UAE’s infrastructure sector. While base pay for unskilled labourers often starts at AED 1,200–1,500/month (₹28,044–₹35,055), skilled tradespeople such as electricians, plumbers, and masons can earn between AED 2,000 and AED 4,500/month(₹46,740–₹105,165). Many of these roles are protected under labour laws that mandate written contracts, paid leave, and access to dispute resolution.
Retail and service staff:
Workers in retail outlets, supermarkets, cafes, and delivery platforms typically earn AED 2,500 to AED 4,000/month (₹58,425–₹93,480). In these sectors, wage variability is influenced by location (Dubai salaries often exceed those in Sharjah or Ajman), nationality, and employer size.
Office and administrative roles:
Clerical staff, receptionists, and data entry assistants generally receive AED 3,000 to AED 5,000/month (₹70,110–₹116,850), with larger companies or public sector institutions offering higher packages. For visa eligibility especially family sponsorship—employees must earn a minimum of AED 4,000/month (₹93,480), or AED 3,000 (₹70,110) plus housing.
University graduates and skilled technicians:
For professionals with technical or university qualifications, MoHRE guidelines recommend salaries of at least AED 5,000 to AED 12,000/month (₹116,850–₹280,440), depending on the nature of the role. Engineers, IT professionals, and finance specialists typically command salaries within or well above this range.
Visa rules and wage enforcement
Though no national wage law exists, immigration requirements act as an indirect filter. For example:
- Family visa sponsorship: The UAE mandates a minimum salary of AED 4,000 (or AED 3,000 plus accommodation) for an expatriate to sponsor dependents.
- Golden Visa applicants in employment-based categories must earn at least AED 30,000/month (₹701,100), particularly in scientific or technical fields.
- Employment contracts must specify wages in UAE dirhams and be registered with MoHRE to be legally recognised.
The Wage Protection System ensures salaries are paid into local bank accounts within 10 days of the due date. Any delay beyond 15 days triggers automatic alerts, and repeated violations can lead to bans on new hiring.
Rising costs and reform pressures
Over the past few years, Dubai and Abu Dhabi have seen substantial increases in rent, school fees, and healthcare costs. As a result, there is growing pressure on authorities to formalise wage protections and align pay standards with inflation.While some companies voluntarily adjust salaries to retain talent, many low-income workers remain vulnerable to economic shocks. Calls for an indexed minimum wage system adjusted annually to match living costs, growing louder, particularly from labour advocates, unions in labour-sending countries, and international observers.
The road ahead: Formal minimum wage in sight?
Although the UAE has avoided a one-size-fits-all national wage model, change is on the horizon:
- Free zones may begin enforcing internal wage floors for certain industries to standardise competition.
- Sector-specific minimum wages could emerge in healthcare, hospitality, and logistics where migrant workers dominate and wage disparity is high.
- Public-private harmonisation efforts may also push for parity, as Emirati workers often earn significantly more than expatriate counterparts in similar roles.
MoHRE has already hinted at “exploring mechanisms” to address income disparities. If implemented, a flexible minimum wage varying by sector or emirate which could strike a balance between labour protection and economic competitiveness.
Verdict
While there is no official minimum wage in the UAE today, the country is moving toward greater wage transparency, stronger payment enforcement, and benchmark-based income protection. Domestic workers, skilled labourers, and administrative staff now operate under more structured payment conditions—backed by technology and labour law.As the UAE positions itself as a global employment hub, expectations for formal wage regulation will continue to rise. A future where salaries are legally anchored to fair benchmarks seems not only possible but likely.
Business
Revised Vs Belated ITR: What To Do If Your Tax Refund Is On Hold
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Taxpayers facing refund holds due to mismatches must act before December 31.
Knowing revised and belated ITRs can help avoid penalties. (representative image)
The Income Tax Department has recently sent messages and emails to many taxpayers saying their refunds are on hold. The reason given is a mismatch in the income tax return (ITR) details. In these alerts, taxpayers have been asked to take action before December 31, this year, to fix the issue.
This has caused confusion, especially among those who believed they had filed their returns correctly. The department has also stepped up checks on cases where it feels excess refunds may have been claimed. As a result, many taxpayers are now unsure about the right way to respond.
In its email, the department reportedly stated, “As the time limit for filing of revised ITR for A.Y. 2025-26 will expire on 31 December 2025, you are requested to avail this opportunity to file Revised Return within the due date if so required. Alternatively, you may file an updated return w.e.f. 1 January 2026, however, subject to an additional tax liability.”
With the deadline nearing, it is important to understand the options available after the original ITR due date has passed.
What Is A Revised ITR?
A revised ITR allows taxpayers to fix mistakes made in the original return. These errors could include missing income details, wrong deductions, calculation errors, or choosing the wrong ITR form. Under Section 139(5) of the Income Tax Act, 1961, taxpayers can submit a revised return to correct such issues.
A revised ITR can also be filed if the refund amount needs to be increased or reduced based on corrected information.
What Is A Belated ITR?
A belated ITR is filed when a taxpayer misses the original filing deadline. As per Section 139(1) of the Income Tax Act, this return can be submitted until December 31 of the assessment year. However, filing late usually means paying a penalty.
Taxpayers who miss the deadline are advised to file a belated return instead of not filing at all, as non-filing can lead to further trouble.
Why File A Revised ITR?
A revised return is useful when the original ITR has errors. These may include underreported or overstated income, wrong deductions, incorrect refund claims, or other filing mistakes.
As quoted by Livemint, CA, Shefali Mundra, tax expert at ClearTax, says, “There is no penalty for filing a revised return within the prescribed timeframe.”
Revised ITR vs Belated ITR Explained
“A revised return is filed to correct errors or omissions in a previously filed return (either original or belated). It can be filed before 31 December of the relevant assessment year or before the department completes the assessment. The revised return is linked to the original filing, and the taxpayer can make corrections without any penalties, apart from paying any additional taxes and interest,” CA Mundra told Livemint.
She added that a belated ITR is treated differently.
“A belated return is filed after the original due date for submitting the return, which is typically 31 July for individual taxpayers. A belated return is still considered an original return, and it is subject to a late filing fee under Section 234F (up to Rs 5,000, depending on the income) and interest on unpaid tax. Additionally, certain benefits, such as carrying forward losses, may not be available when filing a belated return,” CA Mundra also stated.
Delhi, India, India
December 27, 2025, 10:31 IST
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Business
Critical Illness Claim Rejected? Here’s How You Can Fight Back
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A rejected critical illness claim may not be the final word if the policy clearly covers the condition.
Policyholders can successfully challenge unfair decisions.(Representative Image)
A policyholder recently faced trouble after his/her spouse was diagnosed with a serious brain-related illness. The condition was identified as bacterial meningitis with encephalitis. Believing the illness was covered, the family filed a critical illness claim with their insurer.
However, the insurance company turned down the request. The reason given was that the illness did not fall under the list of covered conditions. This left the family confused and unsure about the next step, especially at a time when medical stress and costs were already high.
Why A Rejected Claim May Still Be Valid
A claim rejection does not always mean the insurer is right. The first step is to read the policy document carefully. Most critical illness plans clearly list the illnesses they cover. In many policies, bacterial meningitis is included, but only if certain medical conditions are met.
In a similar case, a close review of the policy showed that the illness was listed among 32 covered conditions. The medical records also clearly confirmed the diagnosis and seriousness of the disease. When both the policy terms and medical proof match, the rejection can be questioned.
How To Raise The Issue With The Insurer
The next step is to approach the insurer’s grievance team. This means sending a clear written request that explains why the claim should be accepted. It is important to point out the exact policy clauses and attach all medical reports.
In the case mentioned, the policyholder shared hospital records, diagnosis details, and proof of treatment. Despite this, the insurer stuck to its earlier decision and did not provide any new explanation. This is when many people give up, but there is still another option available.
When The Insurance Ombudsman Can Help
If the insurer does not resolve the issue, the policyholder can approach the insurance ombudsman. Filing a complaint here does not cost anything. The ombudsman reviews both the policy terms and the medical evidence.
During the hearing in this case, the policyholder submitted hospital documents and a doctor’s certificate. The records confirmed that the patient had a lasting brain-related problem for over six weeks, which is an important requirement in many critical illness policies. The insurer failed to provide proof to challenge these findings.
What This Case Teaches Policyholders
After reviewing all details, the ombudsman ruled in favour of the policyholder and asked the insurer to pay the claim amount to the nominee. This shows that unfair claim rejections can be overturned if the policy terms are clear and the documents are in order.
It is always wise to read your policy closely, keep complete medical records, and use the grievance and ombudsman process when needed. Many rejected claims can be resolved because the facts and the policy are on the customer’s side.
December 27, 2025, 09:33 IST
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