SENSEX
NIFTY
GOLD
USD/INR

Weather

image 10    C

National News

The Times of India News

National / The Times of India

details

Budget 2026: Time to adopt income tax decriminalization suggested by NITI Aayog

Budget 2026: One of the most debated provisions relates to failure to furnish a return of income. Today, failure to file returns in cases involving tax liability above 10,000 (NIL for companies) can trigger prosecution.

29 Dec 2025 7:00 pm