Tax department officials said that the pace of filing has already picked up in recent days. Some 17 lakh returns were filed on Thursday,
Prior to the ECB meeting, experts predict that the price of gold will remain range-bound between $1700 and $1730 per ounce levels.
Companies with sizable overseas liabilities worry that margin pressure will negatively affect their nascent recovery following the pandemic as the rupee breaks the psychologically significant 80 threshold against the US dollar for the first time and the spot market USD-INR gauge approaches that threshold.