Expert’s view: Budget 2026 should aim to establish a stable tax environment and propel growth

Sameer Gupta, National Tax Leader, EY India The Income-tax Act, 2025, marks a comprehensive overhaul of India’s six-decade-old direct tax law, replacing the Income-tax Act, 1961, with a simplified, principle-based framework. Aimed at reducing litigation and improving tax certainty, the new law seeks to streamline provisions, remove redundancies, and align tax administration with a digital-first…

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Amid US-Iran war, Nayara plans 35-day shutdown for maintenance; 8% of India’s refining capacity may take a hit

The company had postponed maintenance work at its 20 million tonnes-per-year Vadinar refinery in Gujarat. (AI image) Russia’s Rosneft-backed Nayara Energy is planning to halt operations for around 35 days starting early April, a move that could temporarily take nearly 8% of India’s refining capacity offline and tighten domestic fuel availability, according to people familiar…

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Sunetra Pawar set to take over as NCP chief, says Praful Patel; skirts merger talk | India News

NEW DELHI: Senior Nationalist Congress Party (NCP) leader Praful Patel on Friday said the party’s immediate focus was on consolidating its organisation and rallying behind Maharashtra deputy chief minister Sunetra Pawar, who is set to assume charge as the NCP’s national president in the coming fortnight following the death of Ajit Pawar.Patel said Sunetra Pawar…

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Bihar: Humble gamcha has its moment under the sun, courtesy PM Modi | India News

NEW DELHI: If one moment conveyed NDA’s triumphant mood at the swearing-in ceremony in Patna after its massive poll win, it was the sight of PM Narendra Modi waving a ‘gamcha’ to the crowd of happy supporters, many of whom cheerfully responded by swinging their own ‘gamchas’.A utilitarian accoutrement in everyday life, especially for the…

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Coinbase’s (COIN) asset manager bring its bitcoin (BTC) yield fund onchain with Apex

Exchange giant Coinbase’s (COIN) asset management arm is bringing its bitcoin yield fund onchain, creating a tokenized share class of the fund with $3.5 trillion fund administrator Apex Group. The Coinbase Bitcoin Yield Fund, managed by Coinbase Asset Management (CBAM), will be available to investors on the Base network, Coinbase’s blockchain built on Ethereum. Apex…

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SIR work being ‘hindered’ in states: SC takes serious note of BLOs being threatened; asks EC to ‘deal with situation’ | India News

NEW DELHI: The Supreme Court on Tuesday raised concerns over reports of Booth Level Officers (BLOs) being threatened and obstructed while carrying out the Election Commission’s Special Intensive Revision (SIR) of electoral rolls in West Bengal and other states, PTI reported.“Bring to our notice instances of lack of cooperation, threatening of BLOs; we’ll pass orders,”…

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