Rent to relatives under lens as new HRA disclosure kicks in | Mumbai News

Mumbai: Salaried taxpayers claiming House Rent Allowance (HRA) under the Income-Tax (I-T) Act, face tighter disclosure norms from April 1, 2026, with the introduction of a new declaration format: Form 124 which replaces the earlier Form 12BB and requires additional details to curb misuse.Employees are required to submit this form to their employers for the…

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Cabinet okays 2 semiconductor units worth Rs 3,936 crore; total approved projects under ISM rise to 12

The Union Cabinet has approved two new semiconductor manufacturing units with a combined investment of over Rs 3,936 crore under the India Semiconductor Mission (ISM).The projects include the country’s first commercial mini/micro-LED display facility based on Gallium Nitride (GaN) technology and a semiconductor packaging unit, Information and Broadcasting Minister Ashwini Vaishnaw said.The facilities will be…

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Chennai-based startup to build India’s 1st e-air taxi

ePlane Company’s Air Tax New Delhi: Chennai-based startup The ePlane Company is building India’s first electric air taxi, the e200x, using advanced technology from Nvidia. Engineers have created a highly detailed “digital twin” of the aircraft using Nvidia Omniverse software, allowing them to test flight physics, sensors and emergency scenarios in a virtual world before…

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Covid-19: ‘Mass gatherings, virulent variants create perfect storm for virus to spread’ | India News

Head of the UN office for disaster risk reduction Mami Mizutori tells Pradeep Thakur Covax is making progress towards having 2 billion doses available by the end of 2021, which should be enough to protect high-risk and vulnerable people. Excerpts from the interview:The World Bank estimates 150 million people will be pushed into extreme poverty…

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‘Just like ceasefire…’: Congress demands full details of India-US trade deal; fires four questions to Centre | India News

NEW DELHI: The Congress on Tuesday urged the Centre to “take the Parliament and the entire country into confidence” over details of the India-US trade agreement after US President Donald Trump publicly announced and outlined its key components. Adding Indians have the right to know the full terms of the pact.In a post on X,…

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What happened on Feb 4 in Lok Sabha? Rijiju shares video of chaos that unfolded; Cong hits back | India News

Glimpse from video shared by Kiren Rijiju NEW DELHI: Union parliamentary affairs minister Kiren Rijiju on Tuesday released a video of the February 4 Lok Sabha proceedings, alleging that Congress MPs created a situation that forced Prime Minister Narendra Modi to skip his scheduled reply to the President’s Address.Sharing the footage on X, Rijiju claimed…

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