The income-tax department has launched a significant verification drive targeting 394 entities and 36 professionals over suspected irregularities in substantial foreign remittances made over the past three years, aiming to uncover potential tax evasion and fraudulent transactions.
The Income Tax Department has initiated a nationwide verification drive targeting suspicious foreign remittances made by entities with minimal business activity, including those in border districts, and is scrutinising the chartered accountants who issued the mandatory tax determination certificates.
The Bombay High Court has ordered the Maharashtra Food and Drugs Administration (FDA) to pay Rs 5 lakh in compensation to a Pune-based sweets shop. The court criticised the FDA for keeping the shop's license suspended despite a 98 per cent compliance report, calling its policy "strange and perverse."
The Bombay High Court has ordered the Maharashtra Food and Drug Administration (FDA) to pay Rs 5 lakh compensation to a Pune-based sweets shop. The court criticised the FDA for suspending the shop's license despite a 98 per cent compliance report, calling its policy "strange and perverse" and stating the regulator was "going overboard."
A delayed ITR could prompt greater scrutiny, document requests or processing delays.
The Food Safety and Drug Administration department in Bengaluru conducted inspections at six high-end eateries, leading to the closure of a rooftop lounge's kitchen due to unhygienic conditions. Officials seized 132 kg of unfit food items, including rotten meat, expired dairy products, and used cooking oil, highlighting a crackdown on non-compliance with food safety regulations.
Girls at a government-run residential school in Lucknow staged a protest, the second in four days, demanding more teachers and better class conduct. The demonstration disrupted traffic, leading to official intervention and ongoing discussions with students regarding their grievances, which include a lack of science teachers despite approaching board exams.
The Gujarat government has imposed a state-wide ban on the production, transportation, and sale of unstandardised analogue paneer, cheese, and butter. Citing public health concerns and the need to protect consumers and the dairy sector, the decision follows detections of substandard artificial dairy products during inspections. Legal action will be taken against violators.
Several vital parliamentary committees, including those dealing with ethics, rules, and financial matters, are yet to be formally reconstituted. This delay affects the functioning of the Lok Sabha and the oversight of government operations.
Over 5.9 crore Income Tax Returns (ITRs) were filed for Assessment Year 2026-27 by the July 31 deadline, according to the income tax department.
Batchigari is accused of first-degree murder and kidnapping, having allegedly stolen Salazar's phone and credit cards and sent deceptive texts to her mother to conceal the crime.
Maharashtra Transport Minister Pratap Sarnaik announced that autorickshaw and taxi drivers will be given an opportunity to learn Marathi before any action is taken against them for non-compliance with the language requirement. This move softens the state's earlier stance, which had evoked mixed reactions and concerns about livelihoods.
Goa has successfully completed its first pilot drone-skilling workshop for 12 women and plans to train 100 women annually under the Goa Drone Didi Training Scheme. This initiative aims to promote drone technology, rural livelihoods, and women-led entrepreneurship, aligning with the Centre's Namo Drone Didi programme.
South Africa has appointed spinner Bjorn Fortuin as captain for their upcoming Twenty20 tri-series against Namibia and Zimbabwe, and a three-game One-Day International series, aiming to provide international experience to younger players ahead of a busy schedule.
BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.
With Kuldeep Yadav looking ineffective, India could look towards including off-spinner Saransh Jain in the playing XI in the second Test in Colombo, especially looking at three left-handers in the Sri Lankan top seven.
The income tax department has significantly reduced refund processing times over the past few years. But while some taxpayers receive refunds within days, others may wait several weeks or even longer. Here's why.
Maharashtra Food and Drug Administration Commissioner Tukaram Mundhe has urged consumers to avoid buying loose or unsealed edible oil due to safety concerns, announcing a compliance order for the entire edible oil sector after detecting widespread violations, including adulteration and improper packaging.
Telangana Chief Minister A Revanth Reddy's planned visit to the United States has been denied political clearance by the Ministry of External Affairs (MEA), citing non-conformity with laid down norms, forcing him to cancel the US leg of his 'TelanganaRising' delegation tour and return to Hyderabad earlier than planned.
A devastating fire in a central Kolkata building resulted in nine deaths, primarily due to asphyxia, and the rescue of around 80 people. West Bengal minister Kaushik Chowdhury highlighted the quick response of the Fire Brigade but raised concerns about safety norms, lack of windows, and the proliferation of cramped hotels within the building. An investigation committee will be formed, and fire audits will be conducted across all hotels in the state.
A top national shotgun coach, involved in India's Asian Games preparations, is under investigation by the Sports Authority of India for alleged conflict of interest related to a contract for building a shooting range in Chennai.
Lack of women in Karnataka's new council of ministers has put the spotlight once again on women's under-representation in politics and policy.
The Maharashtra government has proposed amendments to the Maharashtra Motor Vehicles Rules, 1989, making 'working knowledge of Marathi language' mandatory for cab drivers, with non-compliance potentially leading to suspension or revocation of driving licences.
Union Finance Minister Nirmala Sitharaman announced the government's plan to establish a high-powered committee to examine reforms for the banking sector, aligning it with the vision of a 'Viksit Bharat' (Developed India) and India's next phase of growth.
A consumer disputes commission in Mumbai has directed National Insurance Company Ltd to pay a liquor wholesaler over 1.2 crore for stock ruined during the 2017 Mumbai floods, deeming the claim rejection 'arbitrary and unreasonable'.
An inquiry committee's report into allegations against Justice Yashwant Varma, who faced removal proceedings over unaccounted cash found at his residence, was tabled in Rajya Sabha. The report details the investigation into the alleged discovery of burnt currency following a fire at his official residence. Justice Varma has since resigned, rendering the removal proceedings infructuous, though his resignation is yet to be formally notified.
The Income Tax department has enabled online filing for ITR-1 (Sahaj) and ITR-4 (Sugam) for the Assessment Year 2026-27, allowing small and medium taxpayers to file returns for income earned in the 2025-26 fiscal year.
Vedika Pinto may have everyone talking thanks to her performance in Musafir Cafe, but anyone who's been following her Instagram knows she's been serving main-character moments long before Netflix came calling.
Chief Economic Advisor V Anantha Nageswaran has stressed the urgent need for India's financial sector to proactively address the safety and security risks of artificial intelligence, stating that waiting for problems to materialise is not an option.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
A US federal judge has permanently dismissed the criminal securities-fraud case against Adani Group chairman Gautam Adani and his nephew Sagar, closing nearly two years of prosecution without a trial. Gautam Adani stated, "Truth has prevailed," in response to the ruling.
Finance Minister Nirmala Sitharaman has urged income tax authorities to significantly accelerate the adjudication of taxpayer appeals.
'I've seen a lot of meetings over the years, but this was the first time I've seen the deputy chief minister and the industries minister sit through something like this with 200 to 300 industrialists, local residents and politicians from both the ruling side and Opposition, all in the same room.'
Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of N Chandrasekaran's tenure.
The Indian government has permitted Foreign Direct Investment (FDI) in an inventory-based e-commerce model exclusively for the export of domestically manufactured or produced goods, aiming to boost outbound shipments without affecting small local retailers.
The Meghalaya High Court has ruled that moral objections from church elders and locals cannot be a valid ground to deny the operation of a legally licensed liquor outlet. The court directed authorities to permit a shop owner to operate her IMFL retail outlet, noting she fulfilled all statutory requirements and that the objections were based on moral rather than legal grounds. The ruling also highlighted that a legal outlet could help curb illegal liquor sales.
The Indian Parliament is scheduled for a significant legislative day, with the Lok Sabha set to consider and pass the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026. Concurrently, the Rajya Sabha will introduce the Micro, Small and Medium Enterprises Development (Amendment) Bill, 2026, and pass the Prevention of Insults to National Honour (Amendment) Bill, 2026, highlighting a busy agenda for both houses.
Political strategist-turned-politician Prashant Kishor's Jan Suraaj Party has secured its first seat in the Bihar Assembly, with Kishor winning the Bankipur bypoll in his electoral debut, stunning the BJP in its long-held bastion.
Ranbir Kapoor's filmography frequently explores complex father-son relationships, from rebellious youth seeking approval to sons grappling with loss and dysfunctional dynamics, culminating in his latest role as an exiled prince honouring his father's promise in Ramayana.
Infosys, India's second-largest IT services firm, has appointed company veteran Ashiss Kumar Dash as CEO designate, with the leadership transition scheduled for April 1, 2027, after current CEO Salil Parekh completes his second term.