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Mehbooba Mufti heads to Tehran for Ayatollah Ali Khamenei’s funeral. Why the visit is politically significant

India and Japan Sign Trade MoC at 16th Annual Summit in New Delhi

India and Japan have signed a new Memorandum of Cooperation during the 16th Annual Summit held in New Delhi. Prime Minister Narendra Modi hosted Japanese Prime Minister Sanae Takaichi, emphasizing shared goals for a free and prosperous Indo-Pacific region. The two leaders held discussions focused on expanding Japanese investment in India, targeting growth in both capital inflows and corporate presence. The agreement reflects a deepening bilateral partnership grounded in mutual trust and shared strategic values.

India, Japan sign defence pact as PM Modi holds talks with Takaichi

ITR Filing Rules for Salaried Taxpayers: Who Must File and Key Exemption Limits

Filing an Income Tax Return (ITR) is a statutory obligation and serves as a critical financial record for individuals. For the financial year 2025-26, the basic exemption limit under the old tax regime is Rs 2.5 lakh for individuals below 60 years of age. Under the new tax regime, this limit is higher at Rs 4 lakh for the same age group. Salaried taxpayers need to assess which regime applies to them to determine whether filing is mandatory. Understanding these thresholds is essential for compliance with Indian income tax laws.