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The plan will soon be applied between CMT junction (past Jalahalli Circle), Outer Ring Road and Mysuru Road (Nayandahalli junction) BENGALURU: Police plan to shift from regular left-side driving to American-style right-side driving on a few Bengaluru roads close to junctions, infamous for traffic congestion, in their latest plan to fight the city’s everlasting traffic…
The Reserve Bank of India (RBI) on Wednesday said it will conduct a switch auction of government securities worth Rs 20,000 crore on March 9 as part of efforts to manage the government’s bond redemption profile.According to an RBI release, the auction will be held between 10:30 am and 11:30 am, as reported PTI. The…
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A key measure of US inflation fell to nearly a five-year low in January as apartment rental price growth slowed and gas prices declined, offering some relief to consumers after years of sharp cost increases.Inflation dropped to 2.4% in January compared with a year earlier, down from 2.7% in December and moving closer to the…
CBIC Chairman Vivek Chaturvedi (File photo- ANI) The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer (EMI) scheme by March 1, with a draft framework expected to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a media interaction in…
NEW DELHI: Nearly two-thirds of workers believe that working conditions will improve with enhanced rest periods and leave practices, and foresee improvement in income security due to wage transparency, once the four new labour codes are fully implemented. A similar share of employers believe that the new codes will enhance ease of doing business due…
NEW DELHI: The new income tax rules are expected to make life less taxing for taxpayers by reducing the number of forms and rules and doing away with several declarations that you are required to make under the 1962 Act, which will be replaced by the new law from April. To make life simpler for…
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…
Budget 2026 income tax (AI image) Having already delivered tax cuts last year, FM opted to make life easier for taxpayers. She has promised to introduce simpler tax return forms and staggered timelines for their filing, while decriminalising several provisions. For those with kids studying abroad, or travelling overseas for medical reasons, TCS will be…
Improving the ease of doing business has been a consistent focus of the government. Successive Budgets have announced initiatives towards policy and regulatory reforms, decriminalisation and easing compliances in various spheres including taxation. The current financial year witnessed significant measures like structural simplification through the new Income tax law, boosting consumption through tax reliefs for…
