Business
Srinagar-Jammu National Highway: Disruption Hits Life In Kashmir, Fruit Growers Fear Huge Losses

Srinagar-Jammu National Highway: The continued disruption of the Jammu-Srinagar national highway has adversely affected the availability of essential supplies in Kashmir, and the fruit growers and traders fear irreparable loss to the industry unless the highway is restored to heavy vehicular traffic immediately.
The traffic department advisory said only light vehicles would be allowed to move on the Srinagar-Jammu highway on Tuesday. Hundreds of apple-laden trucks have been stranded on the highway for many days, as the consignments are likely to rot unless the highway opens without further delay.
These trucks are parked at different places on the highway, unable to move beyond Udhampur due to the sinking of a portion of the highway at Tharad. A major sinking stretch of the road, measuring approximately 50-60 meters near the Tharad Bridge, has caused the highway to close for traffic, with efforts to clear debris and restore the road continuing amidst further damage and unstable terrain.
Fruit growers have already suffered huge losses due to the NH closure, as the apple consignments in the stationary trucks have rotted. Growers are living life on the edge in the Valley, fearing that unless the highway is immediately restored, the horticulture industry would have suffered irreparable losses in Kashmir.
Chief minister Omar Abdullah said on Monday on X, “Just spoke to Union Minister @MORTHIndia @nitin_gadkari Sb regarding the situation along NH 44 & the lack of connectivity with the rest of the country along this vital link. The frustration of fruit growers is understandable. They have been very patient for the first few days but watching their hard work rot because @nhidcl is unable to stabilise the highway, their patience has worn thin & that is totally understandable. Some concrete steps will be taken within the next 24 hours to address this problem but I will wait for that to happen before I say any more about the proposed plan of action.”
Affected by the disruption of the supply chain, most petrol refilling stations in the Valley operated with thin stocks as many put up boards stating that they had exhausted their stocks on Monday.
Long queues of vehicles at the petrol refilling stations added to the fear of the common citizen. Edibles are also being sold by the traders at self-imposed prices, taking refuge under the highway blockade. Chicken was sold at Rs 190 per kg while eggs cost a buyer Rs 240 per dozen in Srinagar city.
The scarcity is already hitting household budgets. Prices of vegetables and other edibles have begun to climb steeply in local markets. Traders say rates of onions, tomatoes and other essentials have doubled in some areas within a week, while milk and poultry are also becoming costlier. So far, medicines and foodgrains are freely available, and there has been no hoarding of these items in the Valley.
Business
ITR filing FY 2024-25 due date today: Income tax portal still facing glitches despite deadline extension? What taxpayers are saying – The Times of India

ITR filing FY 2024-25 due day has been extended to today, that is September 16, 2025, but taxpayers are complaining of still facing issues with the income tax e-filing portal.Following the Finance Ministry’s extension of the ITR filing deadline from September 15, 2025, to September 16, 2025, taxpayers initially felt relieved about meeting the submission deadline without incurring penalties – but even after the portal was back after its scheduled maintenance, taxpayers took to social media to vent their frustrations about continued issues.According to an ET report, taxpayers continue to struggle with the ITR submission process due to technical difficulties on the Income Tax department‘s official portal.
ITR filing due date extended: Tax portal glitches continue?
Several taxpayers expressed their concerns via social media, rueing that the single-day extension offered insufficient time, and requested the Finance Ministry for an additional extension of the submission date.Across social media platforms, taxpayers are expressing their discontent and irritation regarding the technical issues they are encountering on the ITR filing portal.The Finance Ministry announced an extension of the ITR deadline through an X post at 11:48 PM on September 15, 2025. They advised that the e-filing portal would undergo maintenance from 12:00 AM to 02:30AM on September 16, 2025, to implement necessary utility modifications.A user named Ravi Kumar wrote on X (formerly Twitter): “It hasn’t been working since the extension. They mentioned maintenance until 3:00 AM, but it’s still not working. Not sure why the date extended when it’s not working?”Another user, Ajit Jha raised concerns about Section 234F late fees appearing during return submission. He noted: “Sir, the utility has not been updated and a late fee under Section 234F is being reflected at the time of uploading the return.”Saurabh Gupta, an advocate, raised concerns about the persistent issues with the tax portal, commenting: “HELP THE PROFESSIONALS DON’t HARASS THEM. ITR Potral has in same condition as it was yesterday. What is the benefit of EXTENSION?”Chartered Accountant Himank Singla reported experiencing technical difficulties, indicating that his IncomeTaxIndia Portal was not functioning.
Income Tax Department shares some quick fixes
On Monday evening, the Income Tax Department’s X handle shared a list of quick fixes for taxpayers facing glitches in accessing the e-filing portal. According to the I-T Department, some issues may arise due to local system/browser settings.
- Delete temporary files → Press Win + R → type temp and %temp% → delete all files.
- Clear browser cache & cookies → Go to Browser Settings → Clear browsing data (cache + cookies)
- Use a different/supported browser → Latest version of Chrome or Edge.
- Open in Incognito/Private Mode → Shortcut: Ctrl+Shift+N OR Ctrl+Shift+P (Firefox
- Disable browser extensions → Especially ad-blockers or privacy tools.
- Update your browser → Ensure you are on the latest version.
- Try a different network → Switch to another Wi-Fi or mobile hotspot.
According to the tax department, if you experience problems accessing the Income Tax e-Filing Portal, this could be related to your local system or browser configuration. A series of straightforward troubleshooting procedures can typically address these access issues.
ITR filing: What is the penalty for returns submission after due date?
Deloitte India Partner Aarti Raote advises utilising this additional time, noting significant consequences for late filing.Raote said, “The first is a penalty of up to Rs 5,000 for delayed filing. In addition, there would be interest of 1% on the amount of taxes unpaid for each month till the return is filed. Further, one would lose the chance to carry forward current year losses like capital losses if the return is filed beyond the due date. These losses would otherwise be available for set-off against gains of future years. A bigger implication is also that one loses the right to switch to the tax regime that is more favourable to them and hence may land up paying a higher tax.“She further said, “In addition to the above financial implications, one should expect refunds slower and tax payers could be at a higher risk of receiving notices and scrutiny by the tax department also. They may also face the risk of scrutiny. Thus, it is ideal that the tax returns are filed in time.”
Business
Should You Invest In Gold Now? How Has It Outperformed Stocks Over Decades?

Gold has once again proven its strength in the world of investments. While the Sensex slipped 1.2% over the past year, gold rewarded investors with a stunning 50.1% return. This is not just a short-term trend—over the past 3, 5, 10 and even 20 years, gold has consistently outperformed the Sensex. With central banks around the globe also buying gold in bulk, the yellow metal has cemented its place as a trusted asset.

Numbers make it clear—gold has beaten the stock market across time frames. Over three years, gold delivered 29.7% average returns compared to Sensex’s 10.7%. In five years, gold edged ahead with 16.5% versus 16.1%. Over a decade, gold gained 15.4% against Sensex’s 12.2%, and even across 20 years, gold held at 15.2% while Sensex stayed at 12.2%. Whether short or long term, gold has remained the more stable, reliable bet.

Why are gold prices rising? Experts point to multiple factors: countries are boosting reserves with gold instead of dollars, it protects against inflation and currency swings, and global uncertainty adds to its shine. The US Fed’s possible rate cuts and trade policy worries have only made investors turn to gold as a safe haven.

Think starting an investment plan at 30 is too late? Not at all. With the right financial strategy, you can still build wealth worth crores. The key is a diversified portfolio, allocating a steady share to gold, and investing with a long-term vision.

Experts caution that while gold has surged recently, the same scale of returns may not continue. A smart move is to allocate around 10-15% of your portfolio to gold and buy when prices dip. That is when gold becomes even more rewarding.

Another insight: gold is currently priced slightly higher than equities. Historically, when the gold-to-Sensex ratio fell below 0.8, the Sensex delivered over 25% average returns over the next three years. This means, the stock market still holds solid opportunities alongside gold.
Business
ITR Filing Deadline Extended Till Today September 16; Income Tax Portal ‘Working Fine’ Now

New Delhi: In The wake of glitches and technical errors being reported on the Income Tax Portal, the Central Board of Direct Taxes has given into demands of people seeking further extension in the deadline for filing ITR.
The due date for filing the Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26 has now been extended by a day, from September 15 (Monday) to September 16 (Tuesday).
The official account of the Income Tax Department announced on X late on Monday night, “KIND ATTENTION TAXPAYERS! The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of Direct Taxes has decided to further extend the due date for filing these ITRs for AY 2025-26 from 15th September, 2025 to 16th September, 2025. To enable changes in the utilities, the e- filing portal will remain in maintenance mode from 12:00 AM to 02:30AM on 16th September 2025.”
The I-T Department has also said that if people are having difficulty accessing the Income Tax e-Filing Portal it may sometimes arise due to local system/browser settings.
Tax department has also advised ITR filers to follow a few simple steps to resolve such issues
Delete temporary files → Press Win + R → type temp and %temp% → delete all files.
Clear browser cache & cookies → Go to Browser Settings → Clear browsing data (cache + cookies)
Use a different/supported browser → Latest version of Chrome or Edge.
Open in Incognito/Private Mode → Shortcut: Ctrl+Shift+N OR Ctrl+Shift+P (Firefox
Disable browser extensions → Especially ad-blockers or privacy tools.
Update your browser → Ensure you are on the latest version.
Try a different network → Switch to another Wi-Fi or mobile hotspot.
The tax department said that following these checks usually resolves most local access-related difficulties. For further support, it has advised people to connect with the Income Tax department through our official helpdesk/contact channels.
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