The government is finalising a major GST overhaul with automated refunds, pre-filled returns, and analytics-based scrutiny to simplify compliance and boost liquidity for MSMEs.
The CBDT is investigating Jane Street for possibly misusing the India-Singapore tax treaty.
The Supreme Court has directed all states and Union Territories to report on the implementation of guidelines for addressing mental health issues and suicide among students in educational institutions. The Centre has also been asked to file a compliance affidavit.
'We're always looking at how we can keep improving, keep getting better, and keep learning.'
The Securities and Exchange Board of India (Sebi) on Monday approved the introduction of a new asset class, designed to offer greater flexibility to fund managers and target investors with a higher risk appetite. The markets regulator also cleared the liberalised Mutual Funds Lite (MF Lite) framework, aimed at fund houses that solely launch passively managed schemes. In another significant move, the board reduced the timeframe for rights issues from the current 317 working days to just 23.
The Supreme Court on Friday said no one blamed the chief pilot of the Air India Dreamliner for the June 12 crash, which claimed 260 lives, and asked his 91-year-old father not to carry any emotional burden.
Bengaluru is at a critical juncture, where its economic model, reliant on attracting and retaining skilled professionals, is directly threatened by a measurable decline in urban quality of life, point out Shishir Gupta and Rishita Sachdeva.
ometimes, you lose five wickets, but with this rule, you can get a chance to return to the game. For close matches and entertainment, it is good.'
Made at a time when an insidious agenda can be read into it, Haq is an important film that deals with a contentious subject with maturity, observes Deepa Gahlot.
The 100 per cent withdrawal provision and the 25 per cent minimum balance provision have led to some confusion.
mulling action for multiple violations and misconduct
Portugal qualified for the 2026 World Cup on Sunday with a 9-1 hammering of Armenia that included hat-tricks from both Bruno Fernandes and Joao Neves.
Would like BCCI to hold upcoming elections as per new act: Sports Ministry
Markets regulator Sebi on Wednesday overhauled the block deal framework for stock exchanges, by setting a minimum trade size limit of Rs 25 crore and introducing two trading windows with tighter price limits and enhanced disclosure norms. The latest move by the Securities and Exchange Board of India (Sebi) aims to ensure greater transparency and efficiency in the execution of large trades.
'Pakistan is uncomfortable with the Indian presence in Afghanistan. They want the Taliban to ensure that there is no Indian presence in Afghanistan.'
'...so cases that arose under the existing Act will be adjudicated under the old provisions.' 'Care has been taken to ensure that the new I-T Act does not give rise to interpretational issues.'
In a significant development for Indian cricket, Rajeev Shukla has taken over as the interim president of the Board of Control for Cricket in India (BCCI) following the reported departure of Roger Binny.
BJP president JP Nadda said on Sunday that the party does not seek to control the Waqf Board but wants to ensure that those managing it operate within the bounds of law and adhere to established rules. He said the properties and funds of the Waqf Board should be dedicated to promoting education, providing healthcare and employment opportunities for the Muslim community. Nadda also highlighted the BJP's growth and achievements, emphasizing its commitment to national unity and cultural heritage.
'Players can apply for permission if they want their families to stay longer on tours.' 'The BCCI will make a decision as it sees fit.'
Australia batter Matthew Short believes his team's pacers will continue to exploit Virat Kohli's recent weakness outside off stump when India face Australia in the second ODI, in Adelaide, on Thursday.
The inauguration plaque placed inside the shrine has the national emblem etched in the stone, drawing sharp criticism from various quarters.
Central Board of Direct Taxes on Tuesday said stakeholders can send their inputs for drafting Income-tax rules and related forms pertaining to the proposed Income Tax Bill, 2025. The Income Tax Bill, 2025 was introduced in Parliament last month and is currently under examination by the Select Committee for detailed consideration.
A controversy surrounding the gold-clad plates of the Dwarapalaka idols at Sabarimala temple has ignited a political row in Kerala, with opposition parties alleging theft and demanding a comprehensive investigation into temple inventories and the role of a sponsor in the replating process.
It has now emerged that the BCCI top post could go to Mithun Manhas, who was also involved as director of cricket operations with the Jammu and Kashmir Cricket Association (JKCA).
Prime Minister Narendra Modi launched his Bihar assembly poll campaign, asserting that the NDA under Chief Minister Nitish Kumar will break all previous electoral records. He criticized the INDIA bloc and highlighted the NDA's cohesiveness and development efforts in Bihar.
The Supreme Court has put on hold several key provisions of the Waqf (Amendment) Act, 2025, including the clause that only those practicing Islam for the last five years can dedicate a property as Waqf. The court also addressed the powers of collectors and non-Muslim participation in Waqf Boards.
Cracks appear within Bihar's ruling NDA alliance as partners bicker over seat sharing ahead of the upcoming assembly elections. Jitan Ram Manjhi's HAM demands a respectable number of seats, while Chirag Paswan's LJP seeks more than initially agreed upon.
Am agreement was reached with PCB under which match referee Andy Pycroft will not be officiating matches involving Pakistan.
SP Group chairman Shapoorji Pallonji Mistry on Friday reiterated calls for public listing of Tata Sons to bring transparency, amid infighting among trustees of Tata Trusts which controls a 66 per cent stake in the holding company of the salt-to-software conglomerate. Shapoorji Pallonji family is the single largest minority shareholder with about 18.37 per cent in Tata Sons.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
Yes, the entry of private bankers, particularly with global experience will add value to PSBs, points out Tamal Bandyopadhyay.
The recent notification by the Insolvency and Bankruptcy Board of India (IBBI) allowing part-resolution of stressed assets of companies under the insolvency process has sent many resolution professionals (RPs) and committees of creditors (CoCs) back to the drawing board to reassess their strategies for resolving corporate insolvencies.
Market regulator Sebi on Thursday said that timelines for portfolio rebalancing in mutual fund schemes will now be applicable to all types of passive breaches across actively managed schemes, which was earlier limited to only asset allocation. A passive breach refers to unintended deviations from the mandated asset allocation or regulatory limits that do not arise from the direct actions or omissions of asset management companies (AMCs).
Father of deceased pilot and Federation of Indian Pilots petition Supreme Court for a court-monitored inquiry into the Air India flight AI171 crash in Ahmedabad.
The All India Muslim Personal Law Board (AIMPLB) has announced its intention to challenge the Waqf (Amendment) Bill in court, labeling it a "black law" that threatens the community's rights. The AIMPLB, a major organization representing Muslims in India, asserts that the Bill, if passed, would lead to the seizure of Muslim properties and undermine the autonomy of Waqf Boards. The organization plans to launch nationwide protests against the Bill, echoing the farmers' agitation, and has urged all citizens to resist the legislation. The Bill has been met with criticism from various quarters, including opposition parties, who claim that the Centre is rushing it through Parliament without adequately addressing concerns raised by the Joint Parliamentary Committee (JPC).
In a big boost to tycoon Gautam Adani, markets regulator Sebi on Thursday cleared the billionaire and his group of stock manipulation allegations made by US short-seller Hindenburg Research, saying fund transfer between group companies did not fall foul of any regulation.
The Supreme Court has permitted the sale and bursting of green crackers in Delhi-NCR for Diwali, relaxing the ban on green firecrackers as a temporary measure from October 18 to 21. The court has asked pollution control boards to monitor pollution levels and file reports. The order also includes measures to prevent the sale of non-compliant crackers.
The opposition INDIA bloc leaders are expected to discuss their joint candidate for the post of vice-president at a meeting of floor leaders on Monday morning.
Co-investment under the portfolio management services (PMS) route accounted for less than 50 crore in assets and involved fewer than a dozen clients for much of 2022. Since then, assets under management have risen to 3,812 crore across 535 clients as of April 2025, according to the latest regulatory data. The recent changes may open the door to greater investment from sovereign wealth and pension funds, experts say.
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