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Through cryptocurrency transactions, Rs 630 crore in undeclared revenue was...

New Delhi, Aug 5: The Central Board of Direct Taxes (CBDT) detected approximately Rs 630 crore in undisclosed income in virtual digital asset (VDA) transactions amounts in just two financial years, the Parliament was informed on Tuesday.The tax on income from transfer of VDA, under section...
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India is negotiating a trade agreement with the US to guarantee equity and...

New Delhi, Aug 5: As US President Donald Trump threatened hefty tariffs, India remains actively involved in the discussions on the Bilateral Trade Agreement (BTA), which aims at expanding trade and investment and deepening the US-India trade relationship to promote growth that ensures...
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Complete verification within 30 days of filing your ITR for AY25–26 to prevent...

New Delhi, Aug 5: Income tax returns must be verified within 30 days of being uploaded online and the process of filing return does not stop when the return is submitted on the official e-filing website (www.incometax.gov.in), according to experts.ITRs filed without e-verification will be...
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Under the new tax framework, the Finance Act 2025 offers significant relief:...

New Delhi, Aug 4: The Finance Act, 2025, has provided substantial relief under the new tax regime with new slabs and tax rate, the Parliament was informed on Monday.The new measures will play a significant role in creating a fair and equitable system of direct taxation that ensures no...
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After lowering business tax rates, net direct tax collection soars: Minister

New Delhi, Aug 4: The net direct tax collection saw strong growth in FY25 at Rs 22,26,375 crore, a 13.48 per cent year-on-year growth, as there has been an overall increase in collections after reduction of the corporate tax rates with effect from Assessment year (AY) 2020-21, the Parliament...
Adani Group plans to invest $10 billion in Vietnam to expand the energy and infrastructure industries
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Adani Group plans to invest $10 billion in Vietnam to expand the energy and...

New Delhi, Aug 4: The Adani Group plans a long-term investment in Vietnam of up to $10  billion, according to a report in Vietnam’s Tuoi Tre News.Group Chairman Gautam Adani revealed the investment plan during a meeting with Vietnamese Party General Secretary To Lam in Hanoi, as part of his...
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Adani Group calls the Bloomberg story about the BYD partnership "baseless and...

Ahmedabad, Aug 4: The Adani Group on Monday vehemently denied a media report claiming the Group’s collaboration with Chinese companies BYD and Beijing Welion New Energy Technology.In a statement, an Adani Group spokesperson said the Bloomberg report is “baseless” and “misleading”.“We...
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MOIL produces higher manganese ore in July than ever before

New Delhi, Aug 4: Government-owned MOIL has achieved manganese ore production of 1.45 lakh tonnes in July, marking an impressive growth of 12 per cent over the corresponding period last year (CPLY), despite adverse weather conditions, it was announced on Monday.Despite heavy rainfall, MOIL...
India has digitized 99.79 percent of its existing land records: The minister
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India has digitized 99.79 percent of its existing land records: The minister

New Delhi, Aug 2: The digitisation of 99.79 per cent of the existing land records has been completed in the country, according to the government.The digitisation of land records is playing an important role in shaping the future of agriculture. Under the Digital India Land Records...
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In the 'Autopilot' disaster case, Musk's Tesla was penalized more than $240...

San Francisco, Aug 2: A jury in the United States has ordered electric car-maker Tesla to pay over $240 million to victims of a 2019 crash that was allegedly caused by the company's faulty "Autopilot" driver assistance technology.As alleged by the victims, the jury found Tesla's system...
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Despite Trump's allegation, government officials indicate there would be no halt...

New Delhi, Aug 2: After US President Donald Trump claimed that India has stopped purchasing Russian oil, government sources on Saturday clarified there is no such pause on the oil imports from Russia.According to government sources, “India's energy purchases are driven by national interests...
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Japanese banks are expanding their investments in India: Envoy

New Delhi, Aug 1: Japanese Ambassador to India, Ono Keiichi, on Friday said he had an engaging discussion with Reserve Bank of India (RBI) Governor Sanjay Malhotra on the growing role of Japanese banks in India’s economy.Sharing the update on social media platform X, the envoy highlighted that...
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