The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official said on Monday.
Over 5,000 people have been evacuated from flooded areas in the Jammu region following heavy rains and flash floods. Rescue and relief operations are underway to restore essential services and provide assistance to those affected.
'Traders and exporters will have to explore alternative markets.'
The officials identified the deceased as Ashwani Sharma (24), his brother Dwarka Nath (55), niece Virta Devi (26) and their guest Om Raj (38), a resident of Banshara in Rajgarh. The rescuers are searching for Sharma's sister-in-law, Bidya Devi (55).
The Supreme Court on Tuesday cancelled bail granted to former DHFL promoter Dheeraj Wadhawan in the multi-crore bank loan scam case. A bench of Justices Sanjay Kumar and Satish Chandra Sharma passed the order after perusing the report filed by a medical board and directed Wadhawan to surrender within two weeks.
'We have created massive infrastructure in the past six years.'
Some of the key names include: Maruti, M&M, Ashok Leyland, Britannia, Ultratech, JK Cement, Havells, Voltas, Amber, Metro, Trent, LemonTree, Indian Hotels, Niva Bupa, HDFC Life, IGL, Acme Solar, Suzlon, Swiggy, Delhivery, ICICI Bank, HDFC Bank, Bajaj Finance, Shriram Finance," according to a report by Motilal Oswal Financial Services.
Simplifying GST rates, removing exemptions, easing disputes, and speeding up refunds can boost investment in India and offer the best reply to Trump's tariffs, observes V S Krishnan, former member, Central Board of Indirect Taxes and Customs.
When asked about the claim that Dhankar being under "house arrest", Shah said the interpretation of truth and lies should not rely solely on opposition statements and warned against making a fuss over the former VP's resignation.
The government plans to introduce three bills in Parliament to address the removal of a prime minister, Union minister, chief minister, or minister of a Union Territory when arrested or detained on serious criminal charges.
Is BCCI above national interest? Aaditya on proposed India-Pak match in Asia Cup
Opposition parties allege the Modi government is attempting to turn India into a 'dictatorship' with the introduction of three Bills that seek to provide for removal of the prime minister, chief ministers and ministers arrested on serious charges, and vowed to oppose it 'tooth and nail'.
A group of retired judges has criticized Home Minister Amit Shah's remarks about opposition vice-presidential candidate B Sudershan Reddy and the Salwa Judum judgement, calling them 'unfortunate'.
Rijiju also hit out at Congress leader Rahul Gandhi, saying that his own party MPs "get uncomfortable" when he speaks in Parliament and are apprehensive that he will do "anap-shanap baatein" and the party will have to bear the consequences.
'I'm sure those few terrorists who are continuing to operate in the Valley are not reading books.' 'Are they trying to tell us that there are certain people who first intellectualise themselves and then go about picking up guns?' 'It is absolutely absurd.'
The first-ever Khelo India Water Sports Festival is all set to reveal the iconic Dal Lake in a new avatar.
The Shiv Sena-UBT-Maharashtra Navnirman Sena panel has lost all 21 seats in the election to the BEST Employees Cooperative Credit Society Ltd, a platform where the two parties came together, sparking buzz about a pan-Maharashtra alliance.
The proposed 'Next Gen GST' with sweeping reforms, lower tax rates, and just two slabs, aims to boost the economy amid tariff threats and set the stage for a single tax rate regime by the time India becomes a developed nation, government sources said.
'The state governments of Gujarat, Maharashtra and Tamil Nadu will be encouraged to consider measures of their own as the employment and economy in such export-oriented states will be affected.'
The match will take place between November 10 and 18, and is likely to be played Kochi.
BJP-ruled states argued in the Supreme Court that governors and the President have autonomy in assenting to bills passed by state assemblies, asserting that courts cannot mandate assent.
State Bank of India has 18,000 pending cases and Bank of Baroda has around 1,000 cases.
Heavy rains across India have led to widespread flooding, causing damage to infrastructure, displacement of residents, and disruption of normal life. Rescue efforts are underway in affected areas.
Relentless heavy rain led to a landslide on the route to the Mata Vaishno Devi shrine atop the Trikuta hill on Tuesday afternoon, killing at least five people and injuring 14, officials said.
'Non-BJP state governments and their leaders, navigating today's political landscape, know well they have no clue what awaits around the corner.' 'The chances of charges pressed and oneself getting parked in custody play out on an uneven playing field,' points out Shyam G Menon.
'This type of comprehensive legislation has never been introduced before in Parliament's history.' 'A bill that simultaneously affects ministers, chief ministers, and the prime minister represents completely uncharted Constitutional territory.' 'Throughout our nation's legislative history, the established policy has consistently held that public office holders should face punishment only after receiving conviction from a competent court of law. Without this safeguard, we risk systematic destabilisation, and our federal structure would face complete collapse.' 'Any central government could potentially deploy this legislation against state governments they oppose politically. This represents the most frightening prospect and dangerous possibility that these bills create.'
The government has identified 50 public-private partnership (PPP) projects worth over Rs 60,000 crore, significantly surpassing the original targets of the National Monetisation Pipeline, said Ports, Shipping, and Waterways Minister Sarbananda Sonowal at the Business Standard Infrastructure Summit on Thursday.
'I want to ask the entire nation and the opposition. Can a Chief Minister, Prime Minister, or any leader run the country from jail?'
A strike by Karnataka's state-owned transport corporation employees has severely disrupted bus services across the state, leaving passengers stranded and impacting school, college, and office attendance. The strike persists despite a court stay, as unions demand wage revision and payment of salary arrears.
The case pertains to the Andaman Nicobar State Cooperative Bank (ANSCB) and its former vice chairman Kuldeep Rai Sharma. Sharma, a 57-year-old Congress leader, is a former MP of the UT (2019-24).
The process for the takeover of the management of the schools began on Saturday morning as officials of district administrations, principals of the respective nearest high and higher secondary schools, accompanied by police teams, reached these schools, the officials said.
The Supreme Court is scheduled to hear a plea for the restoration of statehood to Jammu and Kashmir. The plea highlights the delay in restoration and its impact on democratic rights and development.
India sent an aquanaut 5,000 metres deep into the ocean in a first-of-its-kind expedition in partnership with France, as part of preparations for India's ambitious Deep Ocean Mission.
Shiv Sena (UBT) leader Priyanka Chaturvedi on Wednesday alluded to private companies promoting patriotism on one side while profiting off the India-Pakistan cricket matches, as the Army's Colonel Sofiya Qureshi and Air Force's Wing Commander Vyomika Singh are set to appear on an episode of Kaun Banega Crorepati (KBC).
The CBI will seek police remand of eight Jammu and Kashmir Police personnel arrested for allegedly inflicting brutal custodial torture on a fellow constable in 2023. The case involves allegations of severe abuse and mutilation, leading to a Supreme Court-ordered investigation.
Two Union Ministers visited the family of a 23-year-old woman in Kothamangalam who allegedly took her own life due to harassment by her lover. The family is demanding an NIA probe into the incident, alleging forced religious conversion.
Sudha, who is staying at Tamil Nadu Bhavan in the area, was out on a routine morning walk when the unidentified persons snatched her gold chain and fled the spot, police said.
Union Minister Chirag Paswan predicts Nitish Kumar will be Bihar CM again after elections, criticizes opposition for targeting the Army and questioning Operation Sindoor.
Senior DMK leader TKS Elangovan accused the BJP of nominating Maharashtra Governor CP Radhakrishnan for Vice President for electoral gains in Tamil Nadu. AIADMK's Edappadi K Palaniswami urged support for Radhakrishnan, while other leaders offered mixed reactions.
The National Democratic Alliance (NDA) has nominated Maharashta Governor Chandrapuram Ponnusamy Radhakrishnan as their candidate for Vice-President of India. The announcement was made by BJP President J P Nadda, highlighting Radhakrishnan's extensive public service and cross-party respect.
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