How Budget 2026 promotes ease of compliance for taxpayers

Tax return deadlines have been extended to 31 August in case of non-audit business cases. By Ishita SenguptaIndia’s Union Finance Minister Nirmala Sitharaman presented the Budget 2026-27 on 1 February 2026, the ninth of her tenure, terming it as a unique Yuva Shakti-driven Budget. Rather than announcing sweeping tax reductions, the Budget reinforced continuity from…

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Liberty cannot be kept in limbo: Supreme court fixes timelines for bail and anticipatory bail applications

Liberty cannot be kept in limbo: Supreme court fixes timelines for bail and anticipatory bail applications (AI image) In a landmark ruling on the interplay between anticipatory bail, individual freedom and judicial expediency, the Supreme Court of India, on 12.09.2025, dismissed the criminal appeals challenging the denial of pre-arrest bail, while simultaneously making forthright observations…

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India sees no hurdle in importing $500 billion goods from US over five years, Piyush Goyal says demand will far exceed figure

Piyush Goyal (File photo) India will face no difficulty in purchasing goods worth $500 billion from the United States over the next five years, with Commerce and industry minister Piyush Goyal calling the number “very conservative” given the scale of demand expected from the country’s expanding economy.Speaking to PTI Videos in an interview on Sunday,…

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Oil imports decided by buyers, trade deal doesn’t decide: Piyush Goyal says diversification is in India’s strategic interest

Union Commerce and industry minister Piyush Goyal said decisions related to India’s imports of Russian crude oil are taken by domestic buyers and are not dictated by the recently concluded India-US interim trade agreement framework, while stressing that diversification into energy supplies including LNG and oil is in India’s strategic interest.Speaking to ANI, Goyal addressed…

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Performance-based incentives for EPFO managers in works

NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) is examining a proposal to introduce ‘performance-linked incentives’ for its fund managers, which will see it allocate more funds to those who give better returns. This is part of the new benchmark methodology being developed for debt investments, officials told TOI. It is also assessing benchmarks for…

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