ITR filing FY 2025-26: Has deadline for Income Tax Returns filing been extended beyond September 15? Income Tax Department clarifies

The Income Tax department on Sunday dismissed social media claims suggesting that the deadline for filing Income Tax Returns (ITRs) had been extended beyond September 15, clarifying that the due date remains unchanged.In a post on X, the department said: “A fake news is in circulation stating that the due of filing ITRs (originally due…

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‘Don’t want them to buy Russian oil’: Donald Trump slams EU over trade with Moscow; asks Europe to ‘toughen up’

US President Donald Trump (AP photo) After threatening tariffs and targeting China over its purchase of Russian oil, US President Donald Trump has now shifted his focus to European allies. He signalled that he does not want European nations to continue buying oil from Russia and criticised their sanctions as “not tough enough.“Speaking to reporters…

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Tega to raise Rs3.3k cr to fund Molycop deal

Kolkata: Tega Industries will raise Rs 3,300 crore to fund its acquisition of US-based mining equipment-maker Molycop, in consortium with NYSE-listed Apollo which manages funds worth over $840 billion.The board of the Kolkata-based maker of mining and mineral-processing gears approved raising Rs 4,000 crore on Saturday. The total cost of the acquisition will be over…

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Sanctions hit Nayara’s non-Russian oil access

New Delhi: Nayara Energy – part-owned by Russian oil giant Rosneft PJSC and blacklisted by the European Union in July – is facing difficulties in securing non-Russian crude supplies for a second month in a row as western shipping companies refused to ferry oil for it, ship tracking data showed. agencies Source link

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CII seeks framework for GCC policy

New Delhi: The Confederation of Indian Industry on Sunday suggested a framework for a National Global Capability Centres Policy, that can position the country as the global HQ for innovation-driven GCCs, generate 20-25 million jobs and contribute up to $600 billion in economic impact. Source link

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Aviation MRO challenge: AIESL seeks access to proprietary manuals for component overhaul; eyes strategic partners

State-owned AI Engineering Services Ltd (AIESL) is exploring strategic partnerships to gain direct access to proprietary aircraft manuals and technical literature required for high-end component maintenance, repair and overhaul (MRO) activities, officials said.AIESL, which was carved out of Air India after the government sold the airline to the Tata Group in January 2022, has emerged…

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