PUNE: Emcure Pharmaceuticals (BSE:544210, NSE: EMCURE) today announced its consolidated financial results for the quarter ended September 30^th, 2025.

The quarter saw strong performance from both Domestic and International businesses.

Domestic business grew 10.6% led by strong performance across all our key therapies and aided by new initiatives. Domestic business remains a key focus, and we continue to enhance our product portfolio and strengthen the team for the business. We recently announced a strategic partnership with Novo Nordisk to launch Poviztra®, a biological injectable semaglutide, in India. As part of the agreement, Emcure will be the exclusive distributor responsible for the commercialization and promotion of Poviztra. Poviztra® is indicated for chronic weight management and reduction in the risk of major adverse cardiovascular events in individuals with overweight or obesity. During the quarter, we also completed the acquisition of the minority stake in our Zuventus subsidiary.

International business continues to see strong performance and has grown 16%. Europe saw strong growth of 23% led by new launches and aided by the Manx ramp-up. Canada continues to see robust growth and grew 18%. The rest of the World business saw sustained momentum, led by non-ARV business.

Commenting on the results, Satish Mehta, CEO and Managing Director, Emcure Pharmaceuticals Ltd., said, “Q2 saw strong performance across all our businesses. We continue to augment our portfolio in all our focus markets through in-licensing and in-house developments. Novo Nordisk partnership positions us well in the fast-growing obesity segment and gives us an early entry, enabling us to shape the market. We remained focused on delivering strong growth along with margin improvement in all our key businesses.”

Revenue break-up:

Contd.

Performance Summary (Consolidated)

The post Emcure Pharmaceuticals Achieves Impressive Q2FY26 Results: 13% Revenue Growth and 25% Profit After Tax Surge appeared first on NRI News.

Girish Tanti, Vice Chairman, Suzlon Group, said, “FY25’s performance sets the stage for Suzlon’s next phase of strategic evolution and market leadership. Achieving our highest profitability in a decade, strong cash reserves, and a record order book are the direct outcomes of our disciplined business transformation and sharp operational focus. India has also crossed a significant milestone by surpassing 50 GW of installed wind power capacity – a journey in which Suzlon has played a leading role. As we advance towards the 100 GW target by 2030, India will most certainly shape the global narrative on clean energy leadership and climate action.”

JP Chalasani, Chief Executive Officer, Suzlon Group, said, “This year, we completed Suzlon’s ramp-up phase, which is reflected in the sharp increase in our deliveries. With our highest-ever firm order book of 5.6 GW, we have long-term visibility and the capacity to scale and support future growth. These efforts have built a solid foundation to meet India’s rising need for clean, reliable, and locally made wind energy. Our continued focus on safety, quality, ESG, and customer satisfaction will guide us as we step into the next phase of India’s energy journey.”

Himanshu Mody, Chief Financial Officer, Suzlon Group, said, “This is one of the best years for Suzlon, marked by consistent growth across revenues, profitability, and EBITDA, along with a strong net cash position. These results reflect the strength of our operating model and financial prudence. We are committed to funding our growth ambitions while maintaining strict financial discipline, optimising capital allocation, and strengthening our balance sheet for long-term sustainability.”

Suzlon Group Q4 FY25 and Annual Results at a glance (consolidated): (₹ Cr.)

Wind Turbine Generator (WTG)

In FY25, we achieved record deliveries of 1.55 GW—an impressive 118% year-on-year growth. The contribution margin for our WTG business expanded to 23%, a rise of 360 basis points, backed by our 4.5 GW manufacturing capacity. We added 10 new production lines for our S144–3.X MW series and completed nacelle expansion at Daman and Pondicherry. We will continue to invest in building a strong local manufacturing and supply chain ecosystem to support India’s wind energy ambitions.

OMS

Suzlon’s OMS (Operations and Maintenance Services) business remains a key pillar of growth for the Group, currently managing a robust 15 GW of installed wind energy capacity across India, representing over USD 10 billion in renewable energy assets under management. Gujarat leads as the top-performing state for our OMS portfolio, where we service 4.2 GW, followed by Rajasthan (2.3 GW) and Maharashtra (2.2 GW). Our strong customer retention rates and annuity-based revenue model provide a stable foundation for sustained expansion.

Technology

Our flagship innovation, the S144 wind turbine, proudly designed and manufactured in India, remains the cornerstone of our technological leadership. Engineered specifically for Indian sites and optimized for hybrid power plant compatibility, it enables efficient grid integration and high-quality energy output—a crucial edge for our customers. With over 5 GW of firm orders, it has emerged as our top-performing product, contributing more than 1.25 GW in deliveries during FY25 alone. It now represents 91% of our order book, underscoring the market’s strong demand for reliable, site-adaptive, and high-yield turbine technology.

ESG

Suzlon proudly leads the industry with its Make in India flagship S144 (3X MW) turbine, with the lowest product carbon footprint of 6.16 gCO₂/kWh, setting a new benchmark in clean energy innovation. For over 30 years, we have driven sustainability through cutting-edge technology and leadership in renewable energy. Our ESG ratings consistently surpass industry averages, earning recognition from agencies such as CRISIL, Sustainalytics, and S&P Global. We are on track to achieve net-zero Scope 1 (Direct emissions) and Scope 2 (Purchased electricity emissions) well ahead of our 2035 target. Additionally, we are progressing actively to achieve our sustainability targets ahead of our committed timelines and have already achieved 90% Zero Waste to Landfill (ZWTL) at the Group level against our targets for achieving 100% ZWTL by 2028. Furthermore, we have met Product Stewardship commitments ahead of the timeline for manufacturing operations in FY 2024-2025.

Human Resources

Talent is the strategic driver of Suzlon’s transformation as we build a future-ready organisation engineered for scalable impact. Suzlon is prioritizing cross-sector expertise in technology, ESG, digital innovation, and supply chain excellence. We remain committed to bridge the skills gap by cultivating a strong talent ecosystem that creates sustainable green career opportunities and empowers the next generation of leaders in renewable energy.

The post Suzlon Achieves a Decade-High Profit Before Tax of Rs 1,447 Crores in FY25 Results appeared first on NRI News.

MUMBAI: Franklin Templeton (India) announced the launch of its open-ended arbitrage fund — Franklin India Arbitrage Fund (FIAF). The fund will aim to achieve capital appreciation and income by predominantly investing in arbitrage opportunities in the cash and derivative segments of equity markets, as well as arbitrage opportunities within the derivative segment, with the remainder allocated to debt and money market instruments. The fund will be managed by Rajasa K, VP & Portfolio Manager, Emerging Markets Equity – India; Yogik Pitti, Senior Manager, Emerging Markets Equity – Trading; and Pallab Roy, Portfolio Manager, India Fixed Income.

The New Fund Offer opens on November 4, 2024, and will close on November 18, 2024, during which units will be available at Rs. 10/- per unit.

The fund will employ an active investment strategy, adjusting its defensive or aggressive postures depending on available opportunities. It will aim to capitalize on the implied cost of carry between the underlying cash and derivatives market, offering potential returns for investors. Furthermore, holding arbitrage funds for over a year will allow investors to benefit from lower capital gains tax rates, making it a tax-efficient investment option.

Speaking on the launch of the fund, Avinash Satwalekar, President, of Franklin Templeton–India, said, “Arbitrage funds in India are ideal for investors seeking short-term income generation without exposing their investments to high risk. Franklin India Arbitrage Fund is a valuable addition to our investment portfolio as we continue to expand our product suite to meet the varied needs of our investors, based on their risk profiles. As this is a low-risk fund, it is a valuable investment opportunity for both individual and institutional clients in India.”

NFO Features

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

The above product labeling assigned during the New Fund Offer (NFO) is based on an internal assessment of the scheme characteristics or model portfolio and the same may vary post-NFO when the actual investments are made.

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PUNE: L&T Finance Ltd. (LTF), one of the leading Non-Banking Financial Companies (NBFCs) in India has recorded an all-time high PAT of Rs. 686 Crore, up 29% YoY for the first quarter ended June 30, 2024.

The Company has recorded quarterly retail disbursement of Rs. 14,839 Crore for the first quarter ended June 30, 2024, up 33% YoY. The retail book size reached Rs. 84,444 Crore during the quarter, implying a growth of 31% YoY.

Furthermore, the Company’s customer-facing PLANET app, which has emerged as a powerful digital channel for customers, has crossed more than 1 Crore downloads as of date, comprising more than 12 lakh downloads from rural areas.

Commenting on the financial results, Sudipta Roy, Managing Director & CEO, of L&T Finance Ltd. said, “It is with great pleasure that I announce our results for the first quarter ended June 30, 2024. The results you see for the quarter reflect the success of our 5-pillar strategy. The focus is on enhancing customer acquisition through the creation of a robust funnel and contiguous products, sharpening credit underwriting through the deployment of our proprietary digital credit engine, ‘Project Cyclops’, building a futuristic digital architecture to drive innovation, increasing brand visibility through an amplified share of voice, and capability building through the recruitment and upskilling of tech talent, which is resulting in robust performance.

In our ongoing efforts to revolutionize the lending space, LTF has been prioritizing customer-centricity and harnessing cutting-edge technology. A significant milestone in this journey was the deployment of ‘Project Cyclops’ during the first quarter ended June 30, 2024, which enables an in-depth assessment of a customer’s ability to service the loan availed by them. The innovative digital solution has been successfully rolled out in beta across 25 locations through a network of 200 selected dealers, offering two-wheeler loans.

Furthermore, from establishing a distinctive sonic brand identity to launching our ‘The Complete Home Loan’ campaign, LTF is steadfast in its business growth journey. I am confident that the focus on customer-centricity, innovation, and technology will continue to propel us forward as we strive for excellence in the lending space.”

Healthy retail disbursements & book:

• Rural Business Finance for the first quarter ended June 30 for the financial year 2024-25 (Q1FY25):
  • Q1FY25 disbursements at Rs. 5,773 Crore vs. Rs. 4,511 Crore, up 28% YoY
  • Book size at Rs. 25,887 Crore vs. Rs. 19,743 Crore, up 31% (YoY)
  • Growth aided by the deepening of the customer acquisition funnel, both horizontally through expansion into newer locations and vertically through increasing the number of customers across existing locations
• Farmer Finance for the first quarter ended June 30 for the financial year 2024-25 (Q1FY25):
  • Q1FY25 disbursements at Rs. 1,903 Crore vs. Rs. 1,757 Crore, up 8% YoY
  • Book size at Rs. 14,204 Crore vs. Rs. 13,125 Crore, up 8% (YoY)
  • Growth aided by steady disbursement while the industry growth remained flat
• Two-wheeler Finance for the first quarter ended June 30 for the financial year 2024-25 (Q1FY25):
  • Q1FY25 disbursements at Rs. 2,621 Crore vs. Rs. 1,726 Crore, up 52% YoY
  • Book size at Rs. 12,025 Crore vs. Rs. 9,190 Crore, up 31% (YoY)
  • Growth aided by the activation of new dealership points during the quarter, as well as continued focus on prime disbursements. Additionally, LTF achieved 100% YoY growth in Electric Vehicle (EV) financing and received a strong reception for its offering under the Superbike segment
• Personal Loans for the first quarter ended June 30 for the financial year 2024-25 (Q1FY25):
  • Q1FY25 disbursements at Rs. 1,178 Crore vs. Rs. 1,162 Crore, up 1% YoY
  • Book size at Rs. 6,667 Crore vs. Rs. 5,995 Crore, up 11% (YoY)
  • Growth aided by associations with newer Direct Selling Agent (DSA) channels across various locations
• Housing Loans and Loans Against Property for the first quarter ended June 30 for the financial year 2024-25 (Q1FY25):
  • Q1FY25 disbursements at Rs. 2,245 Crore vs. Rs. 1,299 Crore, up 73% YoY
  • Book size at Rs. 19,961 Crore vs. Rs. 14,075 Crore, up 42% (YoY)
  • Growth aided by collaborative launches with prime developers across top locations. Additionally, the launch of LTF’s ‘The Complete Home Loan’ offering across 11 locations drove higher lead generation, thus contributing to improved performance
• SME Finance for the first quarter ended June 30 for the financial year 2024-25 (Q1FY25):
  • Q1FY25 disbursements at Rs. 978 Crore vs. Rs. 607 Crore, up 61% YoY
  • Book size at Rs. 4,471 Crore vs. Rs. 1,779 Crore, up 151% (YoY)
  • Growth aided by a focus on building additional channels to diversify the existing sourcing funnel

The post L&T Finance Ltd. Records An All-Time High Profit After Tax (PAT) Of Rs. 686 Crore (Consol.) Up 29% Year-on-Year (YoY) For The First Quarter That Ended June 30, 2024 appeared first on NRI News.

INDIA: As tax season approaches, Alts Wealth and ClearTax proudly announce a partnership, offering tailored wealth management and tax filing services for India’s salary-earning segment. This collaboration isn’t just about providing services; it’s about revolutionizing financial stewardship for discerning individuals, precisely when they need it most. Most Indians do not plan their taxes before the end of the financial year leading to significant increases in their tax cost. The tax planning needs to be executed before March 31 to avail of benefits.

The partnership between Alts Wealth, a commission-free, fee-only wealth advisor for nonHNI Indians, and ClearTax, a pioneer in tax solutions, comes at the perfect moment to ensure a seamless and rewarding tax season for Alts Wealth clients. Alts Wealth’s paying subscribers will now enjoy free income tax return filing through the Alts Wealth app, which leverages ClearTax’s technology. This exclusive offer aims to combine wealth management and tax obligations with ease, accuracy, and top-notch security.

Alts Wealth clients will experience unparalleled financial convenience. By integrating ClearTax’s user-friendly, secure tax filing platform with Alts Wealth’s comprehensive suite of services, including portfolio management, financial planning, tax planning, and insurance planning, their clients can now access a one-stop solution for all their financial needs.

“Partnering with ClearTax at the onset of tax season enhances its value greatly for our clients,” says Abhishek Rao, Founder of Alts Wealth. “This collaboration isn’t just about services; it’s a shift in how we approach financial management and tax planning, providing our clients with a seamless blend of services rarely seen before.”

“At ClearTax, we relentlessly rely on the power of simplification. ClearTax’s reputation for intuitive and robust tax filing solutions is a testament to the fact that we continuously strive to make tax filing simple for millions of taxpayers in India. With this collaboration, Alts Wealth clients are well-positioned to leverage this opportunity as a pivotal moment in their financial journey and further equip themselves with the tools and resources they need to achieve their financial goals efficiently.” said Avinash Polepally, Senior Director of Consumer Business Head) at ClearTax.

The post Alts Wealth Partners With ClearTax In A Timely Collaboration To Simplify Tax Filing For Affluent Indians appeared first on NRI News.

HDFC ELSS Tax saver follows a research-driven investment process ably supported by an experienced in-house research team covering over 400 stocks. The Fund’s investment philosophy revolves around investing for the long term in quality companies at reasonable valuations. The fund invests in fundamentally strong companies with growth drivers in the medium to long term and those that are competitively placed in an industry with good prospects.

Diversification across sectors and themes, coupled with a sharp focus on company fundamentals and valuations, are the key pillars of the fund’s strategy to sustainably create wealth through a disciplined and scalable process. Investing ₹10,000 in HDFC ELSS Tax saver on March 31, 1996, would have grown to ₹28,99,345 as of February 29, 2024, at a CAGR of 22.50%.^ Investors can opt for lump-sum investments or SIPs, starting as low as ₹500 per month. This offers ample flexibility to investors.

Roshi Jain, Senior Fund Manager commented, “HDFC ELSS Tax saver underscores a combination of disciplined equity investing and HDFC AMC’s unwavering commitment to delivering long-term value to investors. With a track record of almost 28 years, the journey not only highlights the potential of tax-saving investments for wealth creation but also reaffirms our dedication to our fundamentals-based investment philosophy”

Navneet Munot, MD & CEO of HDFC AMC, said, “Sound Investment + Time + Patience has been the time-tested principle for wealth creation in equities. HDFC ELSS Tax saver, with a track record of almost 28 years bears testimony to this. The benefit of tax saving, in addition to the potential for wealth creation and a diversified portfolio, makes this fund a smart investment choice; and it is truly a key spoke in the wheel of our mission to be the wealth creator for every Indian.”

The post Unlock Twin Benefit Of Potential Wealth Creation And Tax Saving Through HDFC ELSS Tax Saver appeared first on NRI News.

The Security Summit, a coalition of the IRS, state tax administrators, tax software companies, the tax professional community, and others in the larger tax community, was formed in 2015 to combat tax-related identity theft through better public-private sector coordination, strengthening internal protections, and raising awareness about security threats.

The National Tax Security Awareness Week features a week-long series of educational efforts to educate and inform taxpayers and tax professionals on how to defend against identity theft and other scams. The campaign includes daily press releases, social media awareness, special educational materials, and a special webinar for tax professionals on developing a Written Information Security Plan (WISP).

The IRS and Summit partners are focused on combating identity thieves and their increasingly sophisticated scams. Identity thieves often impersonate the IRS and others in the tax community using fake emails, texts, and online scams. These schemes frequently use recent tragedies or imitate charitable groups to coax people into sharing sensitive financial data, which can lead to tax-related identity theft.

The Security Summit partners remind taxpayers that the awareness effort is a year-round effort in the tax community. The special National Tax Security Awareness Week that begins on November 27 provides extra awareness for taxpayers as the holidays and the 2024 tax season approaches. The IRS and Summit partners urge tax professionals to review the “Taxes-Security-Together” Checklist and create a written data security plan as required by federal law.

Overall, National Tax Security Awareness Week is an innovative way for the IRS, the states, and the private-sector tax industry to work together to protect taxpayers and the tax community. Protecting taxpayers is an important priority for the IRS, and the National Tax Security Awareness Week provides helpful information to taxpayers to help in the ongoing battle against identity thieves.

The post IRS and Security Summit Partners Launch 8th Annual National Tax Security Awareness Week appeared first on NRI News.

FDI projects are key to Dubai’s economic ambitions, fueling growth through capital accumulation, creating valuable jobs, increasing productivity, and enabling access to cutting-edge emerging technologies. Across the world, Dubai is seen as an ideal location for FDI projects, and these flourishing enterprises are now supporting homegrown talent and attracting new workers into the emirate.

Dubai Chambers is building on this success by securing even more FDI projects and catalyzing a dynamic investment environment across the emirate. The most recent data released by the Dubai Department of Economy and Tourism’s (DET) FDI monitor confirms extremely healthy FDI growth, with the city of Dubai announcing 880 FDI projects between January and June 2023, representing year-on-year growth of 70%.

By ensuring that Dubai maintains its status as a major hub for FDI, Dubai Chambers is supporting the goals of the Dubai Economic Agenda (D33), which aims to double the size of the emirate’s economy over the coming decade. A healthy FDI ecosystem encourages economic diversification and promotes innovation, leading to significant job creation.

Next month, Dubai Chambers is hosting the Dubai Business Forum in Madinat Jumeirah, aimed at global corporations, visionary leaders, and fast-growing businesses. This must-attend event creates a perfect opportunity for the global business community to forge partnerships, cultivate international networks, and unlock new opportunities. During the event, participants will be able to learn more about the future of FDI in Dubai and gain valuable insights from heads of state, policymakers, and industry experts.

Dubai Chambers’ commitment to driving growth in international trade and investment is reflected in its innovative platform, ‘The Deals Hub,’ a dedicated space for businesses to forge partnerships and announce new initiatives, investments, and commercial alliances. This platform is set to further cement the emirate’s position as a global leader in FDI.

Dubai’s emergence as a global leader in FDI is a testament to its strategic location, favorable tax incentives, and strong economic policies. Dubai Chambers’ commitment to driving growth in international trade and investment is reflected in its innovative platform, ‘The Deals Hub,’ and the upcoming Dubai Business Forum, which creates a perfect opportunity for the global business community to forge partnerships, cultivate international networks, and unlock new opportunities.

The post Dubai Emerges as a Global Leader in Foreign Direct Investment appeared first on NRI News.

Disaster-area taxpayers in most of California and in parts of Alabama and Georgia have also been granted extensions until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments. Taxpayers affected by flooding in Illinois and Alaska have until Oct. 31, 2023, to file, while those affected by flooding in Vermont have until Nov. 15, 2023, to file. Taxpayers impacted by recent natural disasters, including those affected by the recent Maui fires and hurricane Idalia in parts of Florida, South Carolina, and Georgia, have until Feb. 24, 2024, to file various individual and business tax returns.

The IRS Free File is available through Oct. 16 and lets qualified taxpayers prepare and file federal income tax returns online using guided tax preparation software. It’s available to any person or family with an adjusted gross income (AGI) of $73,000 or less in 2022. Taxpayers can use the IRS Free File to claim the Child Tax Credit, the Earned Income Tax Credit, and other important credits. IRS Free File Fillable Forms is available for taxpayers whose 2022 AGI was greater than $73,000 and who are comfortable preparing their own tax return.

Taxpayers can get answers to many tax law questions by using the IRS’s Interactive Tax Assistant tool. Additionally, taxpayers can view tax information in several languages by clicking on the “English” tab located on the IRS.gov home page. The IRS Online Account feature provides information to help taxpayers file an accurate return, including AGI amounts from last year’s return, estimated tax payment amounts, and refunds applied as a credit.

Taxpayers can file anytime and schedule their federal tax payments up to the Oct. 16 due date. They can pay online, by phone, or with their mobile device and the IRS2Go app. Electronic payment options are easy and flexible, and taxpayers can pay when they file electronically using online tax software. Those who use a tax preparer should ask the preparer to make the tax payment through an electronic funds withdrawal from a bank account. The IRS2Go mobile app provides access to mobile-friendly payment options, including Direct Pay and debit or credit card payments. Payments can also be made with a credit card, debit card, or a digital wallet option, available through a payment processor. The payment processor, not the IRS, charges a fee for this service. Convenient, safe, and easy, the Electronic Federal Tax Payment System (EFTPS) allows for payments online or by phone using the EFTPS Voice Response System. EFTPS payments must be scheduled by 8 p.m. ET at least one calendar day before the tax due date.

In conclusion, taxpayers are reminded to file their tax returns on or before the Oct. 16 deadline to avoid late filing penalties. Those affected by natural disasters or in certain states have been granted extensions until 2023 and 2024. The IRS Free File and other online resources are available to help taxpayers prepare and file their returns, while electronic payment options provide convenience and flexibility. Taxpayers are encouraged to visit the IRS website for the latest information and resources.

Taxpayers affected by disaster declarations and those returning from a combat zone may have additional time to file. They include:

• Taxpayers affected by flooding in Illinois and Alaska. They have until Oct. 31, 2023, to file.
• Those affected by flooding in Vermont. They have until Nov. 15, 2023, to file.
• Taxpayers affected by recent natural disasters including those impacted by the recent Maui fires and hurricane Idalia in parts of Florida, South Carolina, and Georgia. Those in the counties of Maui, Hawaii, and many counties in Florida, South Carolina, and Georgia have until Feb. 24, 2024, to file various individual and business tax returns. This list continues to be updated regularly. Taxpayers potentially affected by recent storms should visit the disaster relief page on IRS.gov for the latest information.
• Members of the military and others serving in a combat zone. They typically have 180 days after they leave the combat zone to file returns and pay any taxes due.

IRS Free File and other online resources

IRS Free File is available through Oct. 16 and lets qualified taxpayers prepare and file federal income tax returns online using guided tax preparation software. It’s available to any person or family with an adjusted gross income (AGI) of $73,000 or less in 2022. Taxpayers can use the IRS Free File to claim the Child Tax Credit, the Earned Income Tax Credit, and other important credits. IRS Free File Fillable Forms is available for taxpayers whose 2022 AGI was greater than $73,000 and who are comfortable preparing their own tax return.

Taxpayers can get answers to many tax law questions by using the IRS’s Interactive Tax Assistant tool. Additionally, taxpayers can view tax information in several languages by clicking on the “English” tab located on the IRS.gov home page.

The IRS Online Account feature provides information to help taxpayers file an accurate return including AGI amounts from last year’s return, estimated tax payment amounts, and refunds applied as a credit.

Schedule and pay electronically

Taxpayers can file anytime and schedule their federal tax payments up to the Oct. 16 due date. They can pay online, by phone or with their mobile device and the IRS2Go app. Some other key points to keep in mind when filing and paying federal taxes electronically include:

• Convenience. Electronic payment options are easy and flexible. Taxpayers can pay when they file electronically using online tax software. Those who use a tax preparer should ask the preparer to make the tax payment through an electronic funds withdrawal from a bank account.
• IRS Direct Pay. This feature allows taxpayers to pay online directly from a checking or savings account for free and schedule payments up to 365 days in advance. An IRS Online Account is needed, however, to use IRS Direct Pay.
• Pay by card. Payments can be made with a credit card, debit card, or a digital wallet option. These are available through a payment processor. The payment processor, not the IRS, charges a fee for this service.
• IRS2Go. The IRS2Go mobile app provides access to mobile-friendly payment options, including Direct Pay and debit or credit card payments.
• Electronic Federal Tax Payment System (EFTPS). Convenient, safe, and easy, EFTPS allows for payments online or by phone using the EFTPS Voice Response System. EFTPS payments must be scheduled by 8 p.m. ET at least one calendar day before the tax due date.

The post Millions of USA Taxpayers Reminded of Upcoming Oct. 16 Tax Filing Extension Deadline appeared first on NRI News.

The collaboration between WazirX and TaxNodes has embarked on a mission to simplify the lives of Indian crypto investors, providing them with a precise and hassle-free process to fulfill their tax obligations. The partnership has extended its reach to encompass more than 1,000 Indian cities, ensuring that investors from every corner of India can confidently manage their tax responsibilities.

On average, users reported saving a remarkable 8 hours in crypto tax computation and income tax return filing by leveraging TaxNodes’ user-friendly platform provided through this collaboration. Users could effortlessly upload their transactions and receive their Scheduled VDA tax reports in less than 30 minutes.

Impressively, TaxNodes has secured an exceptional 4.8-star Google rating in its debut year, primarily driven by strong user satisfaction and feedback. This rating reflects the significant positive influence the partnership between WazirX and TaxNodes has had on enhancing the overall tax filing experience.

WazirX and TaxNodes conducted a series of informative sessions, webinars, and contests, and published educational blogs. These initiatives greatly enriched participants’ understanding of crypto taxation, making knowledge accessible to investors across India.

Reflecting on this transformational partnership, Rajagopal Menon, VP at WazirX, emphasized, “Our partnership with TaxNodes underscores our unwavering commitment to the Indian crypto community. As we guide investors through the complexities of tax regulations, it exemplifies our genuine dedication to ensuring their successful financial journey.“

Avinash Shekhar, Founder of TaxNodes, added, “We are proud that this partnership has been a huge success. Together, we have helped Indian crypto investors calculate, evaluate, and file their taxes accurately. We have also provided them with expert advice and personalized services to help them trade crypto freely without worrying about the intricacies of tax filing. This partnership has promoted compliance and eased regulatory uncertainties, thus fostering the growth of the Indian crypto market.“

For revised and belated returns, WazirX and TaxNodes remain steadfast in simplifying crypto tax compliance for the Indian crypto community. The partnership’s significance lies in the lasting boost to investors’ confidence and understanding of tax regulations. This partnership stands as a testament to WazirX and TaxNodes’ unflagging dedication to serving the dynamic requirements of Indian crypto investors, promoting compliance, and ensuring financial empowerment.

WazirX is India’s leading crypto exchange, providing a platform for users to buy, sell, and trade various cryptocurrencies, including Bitcoin, Ether, Litecoin, and more. With over 15 million users, WazirX is India’s largest crypto exchange by volume. Founded by Nischal Shetty, Siddharth Menon, and Sameer Mhatre, WazirX is committed to making crypto accessible to every Indian.

TaxNodes is a crypto tax platform dedicated to simplifying tax computation in India. Founded in December 2022 by seasoned finance executive Avinash Shekhar, TaxNodes aims to revolutionize the way crypto profitability, taxation, and reporting are handled for retail investors and exchanges alike.

In conclusion, the collaboration between WazirX and TaxNodes has brought about a significant transformation in Indian crypto tax filings. The partnership has simplified the process for investors, promoting compliance and easing regulatory uncertainties, thus fostering the growth of the Indian crypto market.

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