The contrast with the old Income-Tax Act is stark. The 1961 law ran into 512,000 words; the 2025 one pares that down to 259,000. Chapters have been cut from 47 to 23, while sections have reduced from 819 to 536. One of the clearest changes is terminological. The confusing twin concepts of 'assessment year' and 'previous year' have been scrapped.
'The way the attacks are coming has become much stronger and much wider because of AI.'
Chandrapuram Ponnusamy Radhakrishnan, with strong roots in the RSS and BJP, has been elected as the 15th Vice President of India. His rich political and administrative experience will be valuable as the Chairperson of the Rajya Sabha.
'India has the deciding vote in the 21st century...India is a significant player in the 21st century and is poised to become even more powerful.'
'There are cases of suicides, and middle-class families losing their entire family savings.'
'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'
Food delivery and quick commerce firm Eternal, which owns the Zomato and Blinkit brands, on Monday reported a consolidated net profit of Rs 25 crore for the June quarter, as continuing investments in quick commerce and going-out businesses weighed on its bottom line. Titan, Hindustan Unilever, Bharat Electronics, Maruti, ICICI Bank and Mahindra & Mahindra were also among the gainers. However, Tata Motors, Adani Ports, State Bank of India and Reliance Industries were among the laggards.
In the last 11 years, India and the world witnessed what he stood for, what he promised and did not deliver, and what he actually stood for and practised without fearing how history would judge him. Modi's tenure has been punctuated with headline-grabbing decisions, symbolic gestures, and stage-managed moments that continue to define his leadership and India's politics, points out Ramesh Menon.
'Given the lag in transmission, further softening of lending rates may happen in the coming months.'
OpenAI will provide 500,000 free ChatGPT licences for six months to students and teachers across government schools from classes 1 to 12, engineering and technical institutes, as well as K-12 educators.
India's real estate investment trust (Reit) sector is set for robust expansion, with at least one new Reit expected to enter the market each year over the next three-five years. This growth trajectory builds on rising occupancies, surging leasing activity, and increasing investor interest.
'I fell in love with Suraiya and that was my first real gafla. The more I couldn't get her, the more I wanted her. When I couldn't marry her because the world didn't want it, I cried for the first time.'
Chartered accountant Nitin Kaushik's message to India's young workforce is clear: spend smart, save smarter and let money serve your goals.
A profile of C.P. Radhakrishnan, the Maharashtra Governor and former MP, who is being considered as a potential Vice President candidate. His political journey, association with RSS and Jan Sangh, and his influence in Tamil Nadu politics are highlighted.
HUL managing director Rohit Jawa's total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Jawa's annual package included a salary of Rs 3.65 crore, allowances of Rs 11.45 crore, a bonus of Rs 3.78 crore and a perquisite long-term incentives of Rs 2.76 crore.
England all-rounder Chris Woakes said rehabilitation is a risk he is willing to take to be fit for the Ashes rather than undergoing surgery on the shoulder injury he sustained during last week's fifth Test loss to India.
How did the box office fare? Well, the second half of the year looks much better than the first!
French information technology (IT) and consulting services major Capgemini on Monday said it would acquire Mumbai-headquartered WNS for $3.3 billion in cash. This could be one of the largest merger & acquisition deals in the IT services and business process management sector.
People with no knowledge of coding or computer languages can use vibe coding using plain English command with AI-assisted software development.
'After the first Kantara, when they announced the second one, I kind of knew he will call me. I had this instinct. Then he called me at midnight and I didn't pick up. I was like, I'm not talking to anybody at 12 at night. The following day, I called and we chatted. He said, I have to narrate you something. I said, I know, it's Kantara!'
'We realised that partnering with a strong local player like the JSW Group would create far greater value than going it alone.'
This isn't just a home for the elderly. It's a place where life stories, generations, and cultures weave themselves into something quietly extraordinary, discovers Nitin Sathe.
Indian airports' push to become global hubs will depend on reducing passenger leakage to rival airports abroad, scaling up direct long-haul connectivity, and offering transfer experiences that are faster, smoother, and more attractive than those of regional competitors, said panellists at the Business Standard Infrastructure Summit on Thursday.
Smriti Mandhana smashed the second-fastest ODI century by an Indian woman as the hosts handed Australia their heaviest defeat -- a 102-run thrashing -- in the second ODI.
The MiG-21's sharp silhouette and supersonic roar will live on in the memories of those who flew it, those who maintained it, and those who watched it streak across the sky as a symbol of India's strength, asserts IAF veteran Air Commodore Nitin Sathe (retd).
'I can sanction projects worth Rs 20 trillion annually as of today.' 'But my system is only capable of executing projects worth Rs 3 trillion to Rs 4 trillion.'
INDIA bloc MPs protest against the Election Commission's voter roll revision in Bihar, alleging irregularities and disenfranchisement of voters.
'The kids are already used to this place. We go back and that's a different environment.' 'So, mentally, emotionally we are stressed.'
Tata Motors (TaMo) is aiming to gain market share across its passenger vehicle (PV) and commercial vehicle (CV) businesses - targeting a 40 per cent share in CVs and a 16 per cent share in PVs by 2027. Meanwhile, it has already achieved earnings before interest, tax, depreciation, and amortisation (Ebitda) breakeven in its electric vehicle (EV) business at 1.2 per cent (up 830 basis points), ahead of its target of 2025-26 (FY26).
To be a leader you will have to deliver value to your clients and build trust, says rediffGURU Baqar Iftikhar Naqvi, CEO, Upriver.
The National Pharmaceutical Pricing Authority will monitor how companies are increasing prices of non-scheduled drugs.
The textile and apparel sector is India's second-largest employment provider, after agriculture, and it is now caught in a wave of uncertainty following the Donald Trump administration's tariff policy.
'This incident is being given a Hindu-Muslim angle too. I don't know why it is being done. I don't have anything to do with this case...'
'Vijay should have stayed there for the night and in the morning he should have met the people.'
'The EPS camp feels assertiveness will help the AIADMK keep the BJP's seat-share ambitions to the minimum,' observes N Sathiya Moorthy.
The Indian services growth broadly steadied in May and was underpinned by healthy demand conditions, new client wins and greater staffing capacity, a monthly report said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was at 58.8 in May, marginally up from April's 58.7 and signalled another sharp rate of expansion.
A day after news emerged that Foxconn Technology Group was "forced" by Beijing to send back its Chinese engineers and technicians from its Tamil Nadu plant, sources indicate that the global electronics giant has already drawn up an alternative plan to rescue its India iPhone 17 production by bringing in experts from mainly Taiwan and the US.
'The new Bill introduces no policy or rate changes, leaving financial planning strategies largely unaffected.'
'The considerations for choosing between the old and new tax regimes remain essentially unchanged.'
Do home prices really never fall? Ramalingam Kalirajan begs to differ.
Mrs Gandhi's power ebbed and peaked with the times. Mr Modi's has almost been constant, barring the few months of hard dip after the 240 seats of 2024, points out Shekhar Gupta.
