Net direct tax collection rose 9.4 per cent to about Rs 19.44 lakh crore in the current financial year till February 10, supported by lower refund payouts and higher corporate tax collections, according to data released by the Income Tax Department on Wednesday.Net corporate tax collection increased 14.51 per cent to Rs 8.90 lakh crore,…
Last year restored crypto’s institutional footing. This year, according to Silicon Valley Bank (SVB), is when it becomes more integrated into the financial system. Regulatory clarity improved in 2025, institutional engagement accelerated and capital markets reopened. Now the focus is shifting from price cycles to infrastructure as digital assets become more deeply embedded into payments,…
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Sanjay Singh, Sant Balbir Singh and ND Gupta (R) NEW DELHI: The rift within the Aam Aadmi Party saw a major escalation on Friday as Raghav Chadha led a major exodus, resulting in seven AAP MPs joining the Bharatiya Janata Party. However, out of the party’s total strength of 10 MPs, only three members have…
Biocon chief Kiran Mazumdar-Shaw Kiran Mazumdar-Shaw, founder and chairperson of Biocon, has found her successor within the family. She outlined a gradual succession plan, naming her niece Claire Mazumdar as her successor. Taking to X, she said, “Claire will transition into my role at the right time—I’m not planning to hang up my boots just…
When Karan Singh (Appellant) found himself standing alone, convicted of dowry death and cruelty under Section 304-B (Dowry Death) and Section 498-A of the Indian Penal Code, 1860, his legal options narrowed significantly. Though tried alongside his parents, who were acquitted, the Sessions Court convicted Karan Singh, sentencing him to seven years rigorous imprisonment for…
NEW DELHI: Calling the new University Grants Commission (UGC) rules a “black law,” Bareilly city magistrate Alankar Agnihotri resigned on Monday, saying the new rules meant for higher educational institutions could foment caste-based discontent.Agnihotri alleged that the new UCC law would vitiate the academic environment in colleges and should be withdrawn immediately.Agnihotri, a 2019-batch Provincial…
NEW DELHI: Until a couple of months ago, a trade deal with the US did not seem to be on the horizon. India refused to back Donald Trump’s claim of having brokered the pause of Operation Sindoor and the Trump administration persisted with its crude fulminations against India’s tariffs. US commerce secretary Howard Lutnick seemed…
The Supreme Court encountered its first AI misuse case where a litigant submitted a response with hundreds of fabricated legal precedents. Senior advocates highlighted the grave concern of AI-generated false case laws impacting judicial decisions. While acknowledging the error, the court proceeded to hear the case on its merits, emphasizing the need for caution. NEW…
