Top headlines: Govt likely to ease tax compliance deadline; Nifty turns 25

From govt examining industry demands to centre stepping in to counter oxygen crisis, here are the top headlines this morning

Govt examining industry demands; breather on tax compliance deadline likely

The Union government is examining proposals seeking relief to businesses through extension of compliance timeline for goods and services tax as well as income tax. With India facing the biggest Covid-19 crisis so far, the government has received multiple industry representations, including from micro, small and medium enterprises, wanting a breather of up to three months. Read More

PM avoids committing to deadlines on climate, says concrete action needed

Prime Minister Narendra Modi on Thursday avoided committing to any deadlines on emission levels or climate change goals, and