Tax reform rollout: New Income Tax Act 2025 comes into force, CBDT calls it a shift towards simpler compliance

Tax reform rollout: New Income Tax Act 2025 comes into force, CBDT calls it a shift towards simpler compliance

The Income Tax Act, 2025 came into force from April 1, marking a major overhaul of India’s tax framework, with the Central Board of Direct Taxes (CBDT) describing it as a step towards simplified compliance and a “new chapter” in tax administration, according to PTI.The new law replaces the six-decade-old Income Tax Act, 1961, and…

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Anil Ambani LIC ₹3,750 Cr Fraud Case

Anil Ambani LIC ₹3,750 Cr Fraud Case

नई दिल्ली6 घंटे पहले कॉपी लिंक RCom और अनिल अंबानी के खिलाफ यह चौथा केस है। CBI ने रिलायंस कम्युनिकेशंस (RCom) और अनिल अंबानी के खिलाफ एक नया केस दर्ज किया है। यह कार्रवाई LIC की शिकायत पर की गई है। जांच एजेंसी का आरोप है कि अनिल अंबानी और उनकी कंपनी ने मिलीभगत कर…

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Currency guardrails: RBI tightens forex derivatives rules for banks amid rupee volatility

Currency guardrails: RBI tightens forex derivatives rules for banks amid rupee volatility

The Reserve Bank of India on Wednesday announced fresh restrictions on authorised dealers (ADs) in the foreign exchange market following a “review of evolving market conditions”, as the rupee remains under pressure, according to PTI.In a late-evening notification, the central bank said ADs — banks authorised to deal in foreign exchange — will not be…

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Govt imposes import curbs on gold, silver jewellery to check misuse of FTAs

Govt imposes import curbs on gold, silver jewellery to check misuse of FTAs

The government on Wednesday announced curbs on imports of gold, platinum and silver jewellery with immediate effect, a move aimed at checking misuse of free trade agreements (FTAs). These restrictions will operate irrespective of any prior contract, irrevocable letter of credit, advance payment, shipment status, or any other commitment, the Directorate General of Foreign Trade…

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Parliament passes insolvency law amendments to speed up resolutions; Sitharaman says aim is revival, not liquidation

Parliament passes insolvency law amendments to speed up resolutions; Sitharaman says aim is revival, not liquidation

Parliament on Wednesday passed amendments to the Insolvency and Bankruptcy Code (IBC) aimed at expediting resolution of stressed companies and reducing case backlogs, with Finance Minister Nirmala Sitharaman underlining that the objective is to revive firms rather than liquidate them, according to PTI.The Rajya Sabha cleared the Insolvency and Bankruptcy Code (Amendment) Bill, 2026 by…

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Indigo Flights Fare Hike | Jet Fuel Surge Impacts Travel

Indigo Flights Fare Hike | Jet Fuel Surge Impacts Travel

नई दिल्ली45 मिनट पहले कॉपी लिंक एयरलाइंस के लिए जेट-फ्यूल सबसे बड़ा खर्च होता है। कुल ऑपरेटिंग खर्च में इसकी हिस्सेदारी 30% से 40% होती है। देश की सबसे बड़ी एयरलाइन कंपनी इंडिगो की फ्लाइट्स गुरुवार से महंगी हो जाएंगी। एयरलाइन ने घरेलू उड़ानों में अधिकतम ₹950 तक और इंटरनेशनल फ्लाइट्स में ₹10,000 तक एक्स्ट्रा…

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UPI transactions hit record Rs 29.53 lakh crore in March; volumes cross 22.6 billion

UPI transactions hit record Rs 29.53 lakh crore in March; volumes cross 22.6 billion

Unified Payments Interface (UPI) transactions touched a record high in March, with both value and volume hitting new peaks, driven by festive spending and financial year-end activity, according to PTI.Data released by the National Payments Corporation of India (NPCI) showed that UPI transactions totalled Rs 29.53 lakh crore in value during March, up 19 per…

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Oracle 30K Layoffs Global | India 12K Jobs Cut; Non-Essential Roles Axed

Oracle 30K Layoffs Global | India 12K Jobs Cut; Non-Essential Roles Axed

Hindi News Business Oracle 30K Layoffs Global | India 12K Jobs Cut; Non Essential Roles Axed नई दिल्ली50 मिनट पहले कॉपी लिंक ओरेकल अमेरिकी टेक कंपनी है, जो दुनियाभर में कंपनियों को डेटा सर्विस देती है। दुनिया के छठे सबसे अमीर कारोबारी लैरी एलिसन की टेक कंपनी ओरेकल ने करीब 30 हजार कर्मचारियों को निकाल…

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Govt Caps Airfare 25% | Domestic Flights Remain Affordable Amidst Jet Fuel Surge

Govt Caps Airfare 25% | Domestic Flights Remain Affordable Amidst Jet Fuel Surge

Hindi News Business Govt Caps Airfare 25% | Domestic Flights Remain Affordable Amidst Jet Fuel Surge नई दिल्ली4 घंटे पहले कॉपी लिंक अंतरराष्ट्रीय बाजार में ATF यानी जेट फ्यूल 100% से ज्यादा महंगा हो गया है। इस तेजी के बावजूद सरकार ने ATF में बढ़ोतरी को सिर्फ 25% तक सीमित रखने का फैसला किया है।…

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Stock market today (April 1, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex today? Check list

Stock market today (April 1, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex today? Check list

Benchmark equity indices Sensex and Nifty ended nearly 2 per cent higher on Wednesday, starting the new financial year on a firm footing as global markets rallied on hopes of a potential de-escalation in the ongoing West Asia conflict.The 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During intra-day…

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