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…
Tata Steel MD and CEO TV Narendran, Tata Steel CFO Koushik Chatterjee NEW DELHI: Govt must keep a watch on unfairly priced steel imports, Tata Steel MD and CEO TV Narendran told TOI in an interview, while adding that the price of the key industrial product is expected to rise in the domestic market in…
India on Monday announced a $175 million development assistance package for Seychelles after Prime Minister Narendra Modi held wide-ranging talks with the island nation’s President Patrick Herminie, with the two sides outlining a joint vision to expand bilateral engagement across sectors. The development was announced following the Modi-Herminie meeting, which also saw the signing of…
Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…
Public sector banks posted a record cumulative profit of Rs 52,603 crore in the third quarter of the current financial year, marking an 18 per cent year-on-year rise, led by strong performance from the country’s largest lender State Bank of India (SBI).All 12 public sector banks (PSBs) had posted a combined profit of Rs 44,473…
The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week of March, Central Board of Direct Taxes (CBDT) sources told ET.The new rules are aligned with the Income Tax Act, 2025, which is scheduled to come into force from April 1, 2026, and…
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…
NEW DELHI: Ahead of Brazilian President Luiz Inacio Lula da Silva’s visit to India next week, Embraer — which recently announced setting up a final assembly line here with the Adani Group — has stepped up its engagement with the country. An executive-level visit by the Brazilian aerospace major brass has kicked off work to…
Dubai Cost of Living: How Much Salary Do You Need to Live Comfortably in 2026? Dubai remains one of the most vibrant and cosmopolitan cities in the world, attracting professionals, families and expats from across the globe. However, its cost of living, especially rent and everyday expenses, is among the highest in the Middle East….
MUMBAI: Kotak Bank’s statement that it is not in the race to acquire IDBI Bank would mean that the success of govt’s plan to sell IDBI Bank will depend upon the interest of foreign bidders. Kotak Bank, while never an official contender, was long seen as a potential acquirer given the bank’s high capital adequacy…
