The Central Board of Direct Taxes has officially updated the deadlines for income-tax return submissions, providing taxpayers who are subject to audit an extension until November 21, 2026. Additionally, the deadline for submitting audit reports has shifted to October 21, 2026. This amendment pertains to specific taxpayers outlined in the Income-tax Act, 1961. A detailed notification regarding this extension will be released shortly by the CBDT.

SiMa.ai raises $150mn to scale physical AI
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D-Street sees red as Gulf crisis, poor monsoon cloud outlook
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Proposal marks Tata Sons' 2nd attempt to avoid listing
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Gold hits 7-week low as oil surge fuels rate hike bets
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Safety, profitability top priorities: Air India CEO designate
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As consumers go big on experiences, private equity follows
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Growpital told to shut down by regulator
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Suitability platform to assess NPS investors' risk appetite in works
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Infosys to shift a third of 320,000 staff into specialist roles; here’s why
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Infosys has more than 320,000 employees, but the growing impact of AI on billing models based on the number of people deployed on projects is putting pressure on the traditional headcount-driven pricing structure. The Bengaluru-headquartered IT services company is recruiting talent from leading Indian institutes as well as US campuses, with the company often competing with AI labs for the same pool of candidates.