Latest News, Updates & Breaking Headlines
Amid escalating US-China trade tensions, Microsoft is reportedly targeting a major overhaul of its manufacturing operations, aiming to produce the bulk of its upcoming hardware outside China by as soon as 2026. According to a report in Nikkei Asia, quoting sources, Microsoft aims to produce the majority of its new products outside of China as…
The Employees’ Provident Fund Organisation (EPFO) on Monday extended the deadline for filing EPF returns, or Electronic Challan-cum-Return (ECR), for the wage month of September 2025 by one week to October 22, PTI reported.Employers are normally required to file the ECR by the 15th of every month. The extension comes in view of requests from…
US-China trade war seems to have triggered again after months of thaw. In a long-message posted on social media platform, Truth Social, Donald Trump, said the United States would impose new tariffs of 100% on imports from China “over and above any Tariff that they are currently paying”. The post comes amid fresh tensions between…
The steel industry has received a temporary reprieve from the BIS rule, which had forced importers to obtain certificates for both finished steel products and raw materials.The October 6 exemption puts a stay on the earlier certification order introduced on June 13.It applies to three Indian Standards: IS 6911, IS 5522, and IS 15997, covering…
Vedanta Ltd, led by Anil Agarwal, has postponed the completion of its demerger to March 31, 2026 due to pending approvals from the National Company Law Tribunal (NCLT) and government authorities.The company made the announcement in a filing this week.“Given that the conditions precedent in the Scheme, including approval of the National Company Law Tribunal,…
MUMBAI: As the Reserve Bank of India-mandated listing deadline for Tata Sons expired, all eyes are on the regulator’s stance concerning the holding company of India’s largest conglomerate, the Tata Group.Although Tata Sons had applied to RBI to surrender its core investment company (CIC) registration to avoid the listing mandate, the banking regulator has not…
NEW DELHI: The govt Tuesday extended to Nov 30 the deadline for central govt employees to switch from National Pension System (NPS) to Unified Pension Scheme (UPS), following a tepid response by central govt employees covered under NPS. The earlier cut-off date was Sept 30.This will enable more eligible existing employees, retirees and legally wedded…
The government is considering whether to extend the September 30 deadline to switch to the UPS as barely 1 lakh out of 23 lakh government employees have opted.Several employees’ associations have written to the cabinet secretary, seeking a two-month extension to allow more staff to switch from the National Pension Scheme (NPS) to the UPS…
NEW DELHI: The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for furnishing the audit reports under the Income-tax Act, 1961, for the Financial Year 2024-25 (Assessment Year 2025-26).“The Central Board of Direct Taxes (CBDT) has decided to extend the specified date for filing various audit reports for the Previous Year 2024–25…
Tax audit deadline 2025: September 30, 2025, remains the cut-off date for eligible taxpayers, including specific individuals, to file their income tax audit reports. For clarity, tax audits can only be conducted by a chartered accountant utilising income tax forms 3CA, 3CD, and 3CB. Taxpayers must submit their Income Tax Audit report via the e-filing…
