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Filing income tax returns for FY 2024-25 is necessary if taxable income exceeds ₹3 lakh (new regime) or ₹2.5 lakh (old regime). Mandatory filing also applies to high-value transactions like large deposits, foreign travel expenses, or high electricity bills.
The Finance Ministry has extended the deadline for central government employees to choose between the Unified Pension Scheme (UPS) and the National Pension System (NPS) to September 30, 2025. This decision follows requests from employee ...more
Commerce and Industry Minister Piyush Goyal affirmed that India's free trade agreements (FTAs) prioritize domestic industry interests through extensive stakeholder consultations, carefully balancing offensive and defensive needs. He emp ...more
Following US strikes on Iran's nuclear facilities and ongoing tensions, global markets are reassessing Donald Trump's willingness to act decisively. The previous assumption that Trump would back down from threats, particularly regarding ...more
The Ministry of Mines and State governments may launch auctions of more critical mineral blocks in the coming two to three months.
India's economic activity presented a mixed scenario in June, following a notable slowdown in May. While electricity demand showed signs of recovery, vehicle registrations weakened. The May slowdown was attributed to a weaker performanc ...more
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