'If a charitable or religious trust sells a capital asset -- such as land, buildings, shares -- and makes a capital gain, it can avoid paying tax on that gain if it reinvests the proceeds in another capital asset for its charitable purposes.'
Ajit Agarkar's contract as the chief selector was renewed before IPL 2025 taking into account Team India's successful showing during his tenure.
The BCCI press conference scheduled at 1.30pm in Mumbai is 'expected to be delayed owing to weather disruptions'.
India have slumped to 142 in the FIFA rankings -- their lowest in nearly a decade.
The 45-year-old former Delhi captain, who becomes the BCCI's 37th president, succeeds Roger Binny, who resigned last month after turning 70.
'No matter how well you perform, sometimes luck doesn't favour you.'
The Pakistan Cricket Board announced that Shaheen Shah Afridi will lead Pakistan in the three-match ODI series against South Africa in Faisalabad from November 4-8.
I felt India needed me in Australia, selectors should look at intent than age: Ajinkya Rahane
Australia ODIs in sight, Rohit starts training with former India assistant coach Nayar
'Looking at this Asia Cup, there is a big game on the 14th, India versus Pakistan. With everything that has happened between the two countries over the last two months, how will you approach that game?', asked a reporter.
India's Raghu Prasad named FIH Male Umpire of the Year 2025
Rider Fateh Jahan Singh Dhaliwal, aged 16, has also approached the court, through his mother, seeking quashing of the list of selected athletes and requested "further directions to conduct the shortlisting of riders for the Asian Youth Games".
'Don't make him wait. If I were chairman, I would definitely have him in the 16.'
Akash Deep and Ishan Kishan will miss the Duleep Trophy quarter-final match against North Zone as both the players are recovering from their respective injuries.
The Jan Vishwas (Amendment of Provisions) Bill 2025, aimed at decriminalizing minor offenses to promote ease of living and business, was introduced in the Lok Sabha and referred to a Select Committee.
Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday challenged Home Minister Amit Shah to debate with him on his three press conferences in which the Congress leader alleged 'vote chori' by the Bharatiya Janata Party in collusion with the Election Commission.
Indian Olympic Association president P T Usha is confident about securing the hosting rights of the 2030 Centenary Commonwealth Games during the Commonwealth Sport General Assembly in Glasgow on November 26.
The Pakistan Cricket Board (PCB) has reorganized its selection committee by doing away with the chairman's post and giving powers to the selectors to pick the captain and head coach of the national team.
The Employees' Provident Fund Organisation (EPFO) board has approved liberalised part withdrawals for subscribers, allowing up to 100 per cent EPF withdrawal, and rolled out the 'Vishwas Scheme' to reduce litigation through rationalised penal damages.
'There is no retrospective changing of the law, only its simplification.'
'Experts and stakeholders have raised concern over the refund provision in the draft Bill. That was a drafting error, which will be rectified,' a government official said.
Shubman Gill is the flavour of the season after his stupendous show in the recent Test series against England but he will face a contender in Axar Patel for vice-captaincy
For spin great Neetu David it was a culmination of a lifelong dream -- to see the India women's team finally end their wait for a World title.
The new Income Tax Bill, passed by Lok Sabha on Monday, has retained the provisions regarding ITR filing for TDS claims and tax exemptions for anonymous donations made to all religious-cum-charitable trusts, as in the existing tax laws. The original Income Tax Bill, which was brought in Parliament in February, had done away with this exemption and the ITR filing flexibility for claiming TDS refunds.
Karnataka Home Minister G Parameshwara has hinted at his interest in becoming Chief Minister if there is a leadership change in the state. This comes amid demands for a Dalit CM and speculation about a power-sharing agreement between the current CM and Deputy CM.
Telangana will introduce legislation to deduct 10-15% of a government employee's salary if they neglect their parents, with the deducted amount going to the parents.
In a fresh twist to the ongoing power struggle in Karnataka, caste groups backing Chief Minister Siddaramaiah and his deputy D K Shivakumar on Thursday threw their weight behind them, with one warning Congress against unseating the incumbent CM while the other community strongly batted for Shivakumar's elevation.
The West Zone squad was selected by the selection committee chaired by Mumbai's Sanjay Patil, Baroda's Prayan Dave, Maharashtra's Akshay Darekar, Sandip Maniyar from Saurashtra Cricket Association and Kirat Damani from the Gujarat Cricket Association.
Bandana Preyashi, the bold IAS officer from Bihar who took on dreaded dons, is the court-appointed mentor to 18-year-old Sakshi, who had fled home to follow her IAS dream.
In its latest order, the Himachal Pradesh High Court directed the Sports Ministry observer and the Returning Officer to issue a fresh election schedule before April 28, when the case is set to be heard again.
'I want to ask Agarkar how Iyer is not among the reserve players if he is such a strong contender.'
'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.'
Reigning Indian Super League champions Mohun Bagan Super Giant on Saturday suspended all their football activities indefinitely a day after the AIFF failed to receive a single bid for ISL's commercial rights, and said they will review contracts of players and support staff next month.
'...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.'
'He adds stability in the middle order and there were spots where he could have slotted in.'
'The question for the TMC is not whether it can hold its bastions, but whether it can expand effectively into regions where the BJP already possesses a good ecosystem.'
Mint Road's proposals on banks' M&A funding are cautious even as entrants root for more elbow room, and weigh business models.
'The implementation of the judgment has largely been left to the discretion of the very executive authorities it sought to restrain.'
Opposition members hit out at the government for the introduction of the bill in a 'hurry' and 'without any consultation with stakeholders'.
It's a proud moment for India.
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