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.
Congress leader Rahul Gandhi accused the BJP of rigging the Maharashtra assembly elections and expressed concerns about similar tactics being used in the upcoming Bihar polls. He alleged that the special intensive revision of electoral rolls in Bihar is an attempt to manipulate the election process.
The Supreme Court's order to remove stray dogs from Delhi-NCR localities has sparked mixed reactions, with RWAs welcoming the move and animal rights activists raising concerns about implementation and potential harm.
Fresh order wins for capital goods and industrial companies may have seen a major slump due to Lok Sabha polls in the first quarter of the current financial year (Q1FY25). At the same time, revenue and profit growth trajectory is expected to have stayed the course, according to brokerage firms. Elara Capital, Motilal Oswal, and InCred Equities expect this sector universe to report a 12- 21 per cent growth in revenue, 21 -36 per cent growth in Ebitda and 24-38 per cent growth in profit on a year-on-year (Y-oY) basis.
Wednesday's joint protest march in Patna marked a significant moment, with Rahul Gandhi, the Leader of the Opposition in the Lok Sabha, and Tejashwi Yadav, the Leader of Opposition in the Bihar assembly, leading a unified demonstration -- perhaps a first in the state's recent political history.
'The fiscal situation is extremely vulnerable. It has never been so bad in Kerala's history.'
'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.'
Tharoor also showed the picture of Pakistani Army officials attending the funerals of terrorists after India's strike on their terror bases.
The accused challenged a trial court's order rejecting their bail plea in the December 2023 incident.
'We are totally in favour of the country on matters of external affairs. Naming representatives for diplomatic multi-party delegations to counter Pak-backed terrorism is the choice of parties, not of the Centre'
Workers from the BJP and Congress clashed in Patna during a protest march organized by the BJP against the use of abusive language towards Prime Minister Narendra Modi's late mother. The protest turned violent, with stone pelting and vandalism reported. Police intervened to control the situation, and an investigation is underway.
Going by political tradition, another formation will likely come to power in Karnataka in the next assembly election, due 2028. And if that happens, Mr Shivakumar will have to sit it out till 2033, points out Aditi Phadnis.
The Union government is considering an impeachment motion against Allahabad High Court judge Yashwant Varma, who was indicted by a Supreme Court-appointed probe panel after burnt cash was found at his residence. The government is likely to consult with opposition parties before moving forward with the motion, which would require a two-thirds majority vote in Parliament.
While naming him as the NDA candidate for the Vice President's post, the BJP had described him as 'Kisan putra', a move seen in the political circles aimed at reaching out to the politically significant Jat community which had participated in huge numbers in the year-long farmers' protests against agriculture reform measures unveiled in June 2020.
Prime Minister Narendra Modi on Tuesday said he was proud of the manner in which the multi-party delegations presented India's views in various countries on the need to eradicate the menace of terrorism following the Pahalgam attack and Operation Sindoor.
While the BJP backs Nitish Kumar as chief minister, Chirag isn't hiding his readiness for the role, reports Aditi Phadnis.
BJP and RSS leaders are once again pushing to remove the words 'secular' and 'socialist' from the Constitution's Preamble, showing a deeper effort to change India's identity from a diverse, multi-religious republic to a Hindu-first nation, even though they don't have the numbers in Parliament to officially change the Constitution, observes N Sathiya Moorthy.
Prime Minister Narendra Modi's energy, dynamism and willingness to engage remains a 'prime asset' for India on the global stage but deserves greater backing, Congress MP Shashi Tharoor said on Monday, in remarks that are likely to irk his party and widen the growing cracks in his ties with its leadership.
'You need the drishti, the experience. I am beginning to see things differently.'
Government sources on Tuesday said Parliamentary Affairs Minister Kiren Rijiju has begun consultations as part of efforts to get leaders of different parties on board for the impeachment motion against Varma following his indictment by a three-member probe committee constituted by the Supreme Court.
The Sena-UBT pointed out that the Congress only spoke about itself in the Ahmedabad meet, and INDIA or Bharat was nowhere in the discussion.
Interacting with reporters in Kolkata, the Trinamool national general secretary reiterated that his party stood with the government in matters of national interest, combating cross-border terrorism, and safeguarding sovereignty.
Former Gujarat chief minister Vijay Rupani, who died in a tragic plane crash in Ahmedabad on Thursday, joined the list of several top Indian politicians and prominent personalities who lost their lives in aviation accidents.
While the markets have factored in a number close to 350 for the BJP and almost 400 for the NDA, 50 seats fewer could trigger a market correction
Vice President V V Giri's resignation in 1969 triggered political upheavals that saw the ruling party defy its own presidential nominee, the expulsion of a sitting prime minister by her party president, and a historic split in the Indian National Congress, recounts Utkarsh Mishra.
The opposition party, however, said the four eminent Congress MPs and leaders who have been included at the instance of the Modi government will, of course, go with the delegations and make their contributions.
Tharoor said that though India's case might not be at the top of the agenda for the US media, India can get its message across easily.
With 12 league fixtures and four playoff matches remaining, the BCCI is expected to wait for de-escalation before evaluating any resumption window.
Officials aware of the procedure to appoint and remove Supreme Court and high court judges pointed out that while defending his case before lawmakers in any of the House, Justice Varma can announce that he is quitting and his verbal statement will be considered as his resignation.
Pawar recalled that he was a member of a delegation sent by former prime minister P V Narasimha Rao to the UN under the leadership of BJP leader Atal Bihari Vajpayee.
Four-time Odisha MP Pinaki Misra's wedding to firebrand TMC MP Mahua Moitra in a quiet, intimate ceremony that chose privacy and tradition over fanfare, was a reflection of his personal style.
Union Parliamentary Affairs Minister Kiren Rijiju on Wednesday underlined the government's resolve to take all political parties on board in moving an impeachment motion against Justice Yashwant Varma, saying corruption in the judiciary cannot be approached through a 'political prism'.
'Skirmishes with officials in the Press Information Bureau were an everyday affair as the newspapers sought clearances from the media censors for publishing the next day's editions'
With the CAA rules being issued, the Modi government will now start granting Indian nationality to persecuted non-Muslim migrants -- Hindus, Sikhs, Jains, Buddhists, Parsis and Christians -- from the three countries.
The Enforcement Directorate on Friday detained Bahubali Shah, one of the owners of the leading Gujarati newspaper Gujarat Samachar, following a raid on their premises in Ahmedabad, sources said.
'Peninsular Indians could ask 'Why should we contribute half of India's tax revenues if we account for only a quarter of the seats in the Lok Sabha?'.' 'The rest of the country seems likely to counter that 'democracy means one vote per person irrespective of where that person resides in India'.' 'With no easy answers to this thorny debate, the south's economic ascendancy could end up creating a Hobson's choice.' A revealing excerpt from Nandita Rajhansa and Saurabh Mukherjea's book, Behold the Leviathan: The Unusual Rise of Modern India.
The BJP lost 15 of the 80 Lok Sabha seats in 2019. Union ministers have been deployed in all 15, tasked with turning the result around.
The Lok Sabha on Thursday suspended newly-elected AAP member Sushil Kumar Rinku for the remaining part of the monsoon session for unruly behaviour in the house.
Shah pulled no punches in lambasting the RJD supremo for alleged nepotism, accusing him of making his wife the chief minister, getting his daughter elected to Parliament and "now both his sons want to become the CM".
An Indian delegation led by the BJP's Ravi Shankar Prasad will tour key European capitals to expose Pakistan's role in cross-border terrorism and State-sponsored extremism.
