FY27 set to begin with new Income Tax law, revised filing deadlines

IANS | March 31, 2026 10:13 AM

New Delhi, March 31 (IANS) As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation.

Seoul shares down amid prolonged Middle East crisis

IANS | March 31, 2026 9:13 AM

Seoul, March 31 (IANS) South Korean stocks traded lower late on Tuesday morning, led by heavy foreign sell-offs, as an escalating conflict in the Middle East heightened concerns about global oil supplies and broader economic impacts.

RBI injects Rs 84,582 crore into banking system

IANS | March 30, 2026 7:57 PM

Mumbai, March 30 (IANS) The Reserve Bank of India (RBI) on Monday injected Rs 84,582 crore into the banking system to enhance liquidity through two variable rate repo (VRR) auctions.