Germany Proposes 25% Crypto Tax as Tax-Free Holding Rule Faces Overhaul Germany is preparing a major overhaul of its cryptocurrency tax framework, with the Federal Ministry of Finance reportedly proposing a 25% tax on crypto gains under the country's capital-income tax sy...
IBBI Warns Insolvency Professionals Against Misuse of IBC Framework The Insolvency and Bankruptcy Board of India (IBBI) has cautioned insolvency professionals against any misuse of the Insolvency and Bankruptcy Code (IBC) framework for purposes such as tax avoidance o...
Congress Seeks JPC Probe Into Alleged ₹10,000 Crore RUPP Tax Evasion The Congress has demanded a Joint Parliamentary Committee (JPC) investigation into what it described as a major “donation scam” involving Registered Unrecognised Political Parties (RUPPs) . The party ...
ITAT Mumbai Deletes ₹11.23 Lakh Tax Addition Over Jewellery Holdings A tax dispute involving a Navi Mumbai woman over gold, diamond jewellery and silver articles has ended in her favour after the Income Tax Appellate Tribunal (ITAT), Mumbai, deleted tax additions amoun...
Income-tax Rules 2026 Strengthen Compliance Under New Tax Framework India’s new Income-tax Rules, 2026 have introduced a revised procedural framework for direct-tax administration, supporting the implementation of the Income-tax Act, 2025. The rules were notified by t...
Banking Services Likely to Face Disruptions From September 11–14; Customers Advised to Plan Ahead Banking services could face significant disruption from September 11 to 14 as public sector bank employees prepare for a nationwide strike on September 11, followed by the weekend and a bank holiday i...
Why Bank Employees Are Still Striking Despite PLI Scheme Being Put on Hold Public sector bank employees are set to go on a nationwide strike on September 11 , despite the government putting its proposed performance-linked incentive (PLI) system on hold. The United Forum of B...
PM-KUSUM 2.0 Announcement Likely Soon; Agrivoltaics to Get Dedicated Component The Centre is expected to announce the second phase of the PM-KUSUM scheme soon, with agrivoltaics likely to receive a dedicated component under the proposed PM-KUSUM 2.0. Union Minister for New and R...
India Photonics Industry Forms Association as AI Data Centre Demand Grows India’s photonics industry has formed the India Photonics Association (IPA) as demand for high-speed data transmission rises with the expansion of artificial intelligence, data centres and advanced te...
Rupee Falls to ₹95.33 Against US Dollar as Oil Prices Cross $100 The Indian rupee weakened by 25 paise to ₹95.33 against the U.S. dollar in early trade on Thursday as rising crude oil prices increased concerns over India’s import bill. Forex traders said elevated o...
Bank Stops ₹81 Lakh Digital Arrest Transfer, Saves Elderly Agra Man’s Life Savings An alert Canara Bank branch manager in Agra helped prevent an 80-year-old man from transferring nearly ₹81 lakh to suspected cyber fraudsters after he was allegedly manipulated through a fake “digital...
FBI Unveils Cyber Strategy Focused on Disrupting Hackers and Supporting Victims The U.S. Federal Bureau of Investigation (FBI) has unveiled its first agency-wide, unclassified cyber strategy, outlining a broader approach to tackling ransomware groups, online fraud networks and st...
