As the new Income Tax (I-T) Act, 2025 moves towards implementation from April 1, 2026, the finance ministry is reviewing and simplifying the compliance forms used by charitable institutions. Debjyoti Das, principal chief commissioner of income tax (exemption), said the new Act has already reorganised exemption provisions into a clearer and more coherent structure, and the accompanying procedures and forms are now being examined.
European wines are set to enter the Indian market at lower prices under the bilateral free trade agreement as India will provide import duty concessions under the pact, an official said. Under the pact, the duty on EU wines would fall from 150 per cent to 20 per cent (for expensive ones).
India is growing fast, but to keep growing strong, the government must make more things at home, create jobs, and spend money wisely, suggests Rajiv Memani, regional managing partner, Africa-India Region, EY.
'We believe the truth is in the middle, and that India is at an important crossroads.'
Former Wimbledon champion Marketa Vondrousova withdrew from the Australian Open on Sunday after the Czech player said she was dealing with a shoulder injury.
ICICI Prudential Asset Management Company has set a price band of Rs 2,061- Rs 2,165 per share for its Rs 10,600-crore initial public offering (IPO) that will open on Friday. At the upper end of the band, the country's largest asset manager will command a valuation of Rs 1.07 trillion.
India chased down the 209-run target set by New Zealand, with 4.4 overs to spare to take a 2-0 lead in the five-match series.
The forthcoming Budget could think of maintaining public capital expenditure at 3 per cent so that domestic resources are available for private investments, points out N R Bhanumurthy.
Texas Governor Greg Abbott has directed state agencies and public universities to suspend new H-1B visa petitions through May 2027, a move likely to affect Indian professionals. The order comes amid ongoing debate over skilled immigration and potential impacts on academic research and innovation.
Catherine Tresa Alexander has that rare fashion energy where even the simplest outfit feels like a mood.
Mumbai sealed a bonus-point victory with a nine-wicket thrashing of Hyderabad in their Group D Ranji Trophy match, in Hyderabad, on Sunday.
Shaheen Shah Afridi returns from injury and Babar Azam is recalled as Pakistan name their T20 squad for the home series against Australia in Lahore.
India is aiming to win multiple medals in disciplines like aquatics and cycling at the 2036 Olympic Games as both these events offer over a 100 medals.
The situation in Kokrajhar escalated late on January 19 after a Scorpio vehicle carrying three Bodo individuals hit two Adivasi persons at Mansingh Road under the Karigaon police outpost.
Joe Root's all-round performance has helped England defeat Sri Lanka by five wickets in the second ODI at the R. Premadasa Stadium on Saturday.
Zeynep Sonmez is the first woman from Turkey to reach the second round of the Melbourne Park Grand Slam.
India appear well set for T20 World Cup title defence, feels former India captain Sunil Gavaskar.
Jaiswal dilemma: "Non-responsive" India opener "not considered" for Mumbai selection
Asin celebrates 10 years of marital bliss with Rahul Sharma.
Here's your picture puzzle -- a fun way to test your memory!
Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.
With Ajit Pawar's passing, the 40 MLAs who remain will now have to decide whether they want to continue in Mahayuti in the company of the BJP and Shiv Sena -- or return to the Sharad Pawar fold.
Former captain Rohit Sharma highlighted Arshdeep Singh's effectiveness with the new ball and in the death overs.
Suryakumar Yadav becomes fourth player to play 100 T20Is for India, achieves feat during 1st T20I against New Zealand
New Zealand pacer Lockie Ferguson said the five-match T20I series against India, beginning on Wednesday, offers a perfect preparation opportunity for his side ahead of next month's T20 World Cup.
Pilots' body Airlines' Pilots Association (ALPA) India on Friday took 'strong' objection to safety regulator Directorate General of Civil Aviation (DGCA)'s 'selective and unsafe' relief to domestic carrier IndiGo, amid widescale cancellations, saying the decision sets a dangerous precedent.
Osaka made her way into Rod Laver Arena carrying a parasol, wearing a wide-brimmed hat with a veil, and Nike's Copa-Light Liquid Lime-White dress with soft, jellyfish-inspired ruffles.
Opener Abhishek Sharma's explosive unbeaten 68 off 20 balls set up a comprehensive eight-wicket victory against New Zealand.in the third match in Guwahati
Seven-time Olympic medallist Andre De Grasse has set his sights on competing in the 2028 Los Angeles Olympics as his final Games, aiming to regain top form in the 100 meters event.
Investors and startup executives are calling for extending the period for an entity to be recognised as a startup from 10 to 15 years for deep-tech companies.
Because it treats soldiers as human, and concentrates on their emotions as much as their bravery, Border 2, probably without meaning to, speaks out against war, observes Deepa Gahlot.
Nyraa Banerji LOVES pink and she is not at all shy about it. Her wardrobe looks like it stepped straight out of a Barbie dreamhouse.
President Droupadi Murmu addressed the nation on the eve of Republic Day, emphasising India's role in promoting peace, the empowerment of women, and the country's economic growth.
Sebastian Ofner may never forget the rules of the sport again after his premature victory celebration turned into a nightmare collapse against Nishesh Basavareddy in the Australian Open qualifiers on Wednesday.
Nirmala Sitharaman moved into her Kartavya Bhavan office on October 2, in time to get the work on the Budget 2026-2027 going.
A Delhi court acquitted social activist Medha Patkar in a criminal defamation case filed by Delhi L-G V K Saxena, citing a lack of evidence from the prosecution.
Delhi Capitals outclassed Royal Challengers Bengaluru by seven wickets in their Women's Premier League clash in Vadodara, snapping the table-toppers' five-match winning streak with a clinical all-round performance.
Kamalini, Vaishnavi earn maiden ODI call-ups; Shreyanka, Fulmali return to T20I squad
Months after picking up 24.21 per cent stake in private sector lender Yes Bank, Japan's Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India's (RBI's) in-principle approval for setting up a wholly owned subsidiary (WOS) in India.
ICC rejects BCB request, Bangladesh matches to be played in India as schedule