ITR deadline extended: Taxpayers may earn more interest, but government could face higher refund burden – Times of India

ITR deadline extended: Taxpayers may earn more interest, but government could face higher refund burden – Times of India

NEW DELHI: With the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 extended from July 31 to September 15, 2025, a key question has surfaced: will this extension increase the government’s interest liability on tax refunds?TOI reached out to multiple tax experts to understand the implications of this move on both taxpayers and…

Read More
Trump’s school choice push: Empowering families or adding to their burden? – The Times of India

Trump’s school choice push: Empowering families or adding to their burden? – The Times of India

US President Donald Trump President Donald Trump is fixated on his ideology of expanding school choice, positioning it as the heart of his education agenda. In reshaping the US Department of Education, he has consistently emphasized empowering parents to choose schools for their children. Framed as a victory for families, the reality speaks a different…

Read More
Government committed to ease regulatory burden: Finance minister – The Times of India

Government committed to ease regulatory burden: Finance minister – The Times of India

Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Tuesday said the government remains steadfast in reducing regulatory burdens, besides enhancing trust-based governance and taking steps to make India a “seamless, export-friendly” economy.A robust manufacturing sector free from unnecessary regulatory bottlenecks will further attract both domestic and foreign investments, driving economic growth, positioning…

Read More
Porters Shoulder Burden Of Rescue, Fellow Passengers Turn Saviours Too – The Times of India

Porters Shoulder Burden Of Rescue, Fellow Passengers Turn Saviours Too – The Times of India

New Delhi: “In my 18 years of working here, I’ve carried countless suitcases and bags on trolleys—but never bodies,” said 38-year-old Janak Singh, a coolie at the New Delhi railway station. As the stampede unfolded, porters became unexpected first responders, using their luggage trolleys to transport the injured and the deceased.“When we started pulling people…

Read More
Government subsidy burden to exceed budget, likely to hit Rs 4.2 lakh crore: Report – The Times of India

Government subsidy burden to exceed budget, likely to hit Rs 4.2 lakh crore: Report – The Times of India

NEW DELHI: The government’s subsidy burden is expected to exceed budget estimates, swelling to almost Rs 4.1 to Rs 4.2 lakh crore for the financial year 2024-25 (FY25). A report by the Bank of Baroda revealed that the increase is primarily to higher expenses on food and fertiliser subsidies, which are likely to overburden the…

Read More