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Mumbai, April 1: Despite legal complexities, exemptions for 500 sq. ft. properties since 2022, and substantial revenue stuck in litigation, the BMC has exceeded its property tax collection target with a record-breaking performance. The Assessment and Collection (A&C) Department collected Rs 7,610.90 crore in the financial year 2025-26, surpassing the revised target of Rs 7,341 crore and setting a new all-time high. Notably, Rs 399.74 crore was collected in a single day on March 31, 2026, the hi ...Read More >
New Delhi, Apr 1 (PTI) The Opposition in the Rajya Sabha criticised the government on Wednesday for frequent amendments to the Insolvency & Bankruptcy Code, significant haircuts, alleged favouritism towards large corporate defaulters, and ongoing infrastructure issues at the NCLT, alongside increasing backlogs before the tribunal. The Rajya Sabha was debating the Insolvency and Bankruptcy Code (Amendment) Bill, 2026. The bill has proposed 12 amendments to the Insolvency & Bankruptcy Code (IBC), ...Read More >
New Delhi, Apr 1 (PTI) Nineteen appellate tribunals headed by former chief justices and high court judges will decide on the pleas of those excluded from the voter list during the Special Intensive Revision (SIR) of the electoral rolls in poll-bound West Bengal, the Supreme Court said on Wednesday. The court said the tribunals will also adjudicate upon the pleas of Election Commission (EC) officials, who may be aggrieved by the inclusion of persons in the voter list by adjudicating authorities, ...Read More >
Hyatt Hotels Corporation is expanding its presence in India and Southwest Asia. Vikas Chawla will lead the company's strategy and growth in the region starting April 1, 2026. Hyatt plans to add nearly 5,000 rooms to its pipeline in 2025. The company is strengthening its brand in key cities and exploring new destinations. New Delhi: Hyatt Hotels Corporation has announced the appointment of Vikas Chawla in the newly created senior role of President - India and Southwest Asia effective April 1, 20 ...Read More >
New Delhi: The Supreme Court on Wednesday criticised the Central government for engaging in unnecessary litigation, imposing costs of Rs 25,000 on it for challenging a Punjab and Haryana High Court order that set aside a CISF official's dismissal. The matter came up for hearing before a bench comprising Justices B V Nagarathna and Ujjal Bhuyan. Justice Nagarathna, referring to her recent statement at a conference organised by the Supreme Court Bar Association (SCBA) about the government being ...Read More >
NEW DELHI, April 1 (Reuters) - India said it would not apply its strict tax evasion rules on foreign investments made before April 2017, easing concerns among global investors on Wednesday after a court order in a Tiger Global case raised fears of retrospective scrutiny. A landmark Supreme Court ruling in December said Tiger Global must pay taxes on its $1.6 billion sale of a stake in an Indian company in 2018. The judges said Tiger Global used its Mauritius units that were only "conduits", and ...Read More >
New Delhi, Apr 1 (PTI) The Delhi High Court has directed removal of 'defamatory' posts over the alleged molestation of a journalist on a flight, saying that using social media to circulate the allegations and reveal the identity of the perpetrator before any formal investigation was a severe transgression of his fundamental right to live with dignity and fair trial. Justice Vikas Mahajan, in an interim order passed on a lawsuit by the man, asked the woman journalist as well as certain online pl ...Read More >
New Delhi, Apr 1 (PTI) The Supreme Court on Wednesday expressed optimism over the progress of the Special Intensive Revision (SIR) of electoral rolls in West Bengal, noting that approximately 47.4 lakh objections out of a total of 60 lakh have been disposed of as on March 31. A bench comprising Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi, took note of two communications received from the Chief Justice of the Calcutta High Court updating the progress of the exercis ...Read More >
New Delhi: A Delhi court has imposed a fine of Rs 20,000 on a litigant after observing that a poorly drafted complaint, suspected to have been generated using artificial intelligence (AI), resulted in a waste of valuable judicial time. The petitioner, Punam Pandey, had approached the Rouse Avenue Court seeking directions for the registration of an FIR under Section 156(3) of the CrPC. She alleged that Syed Shahnawaz Hussain had issued death threats to her and her family. Delhi Court flags 'AI- ...Read More >
New Delhi [India], March 30 (ANI): A Public Interest Litigation has been filed before the Supreme Court seeking the establishment of a dedicated Revenue Judicial Service Cadre for adjudication of land disputes across India. The petition, filed by advocate and social activist Ashwini Kumar Upadhyay, calls for structural reforms in the existing system of land dispute resolution. The plea primarily urges the apex court to direct the Centre and State governments to constitute a specialised judicia ...Read More >
Lok Sabha passes Insolvency and Bankruptcy Code (Amendment) Bill 2026 to speed up insolvency cases, boost creditor rights, enable cross-border resolution, and strengthen India's financial system. To strengthen the financial system of India, Lok-Sabha have passed the Insolvency and Bankruptcy Code (Amendment) Bill on March 30, 2026. This reform aims to speed up the insolvency resolutions, reduce delays and the improve creditor confidence. While announcing the speech of Nirmala Sitharaman highlig ...Read More >
NEW DELHI: India's tax landscape shifts gears on Tuesday. The Income-tax Act, 2025, which replaces the Income-tax Act, 1961, comes into force from April 1, 2026, alongside a clutch of budgetary measures that will be felt by traders, tourists, technology firms and ordinary taxpayers alike. The new Act is not a reinvention of tax policy so much as a tidying up of it. Gone is the unwieldy distinction between the assessment year and the previous year; in its place comes a single "tax year" framewor ...Read More >
New Delhi, March 31 (UNI) India will roll out the Income-tax Act, 2025, from April 1, Wednesday, replacing the six-decade-old Income-tax Act, 1961, in a major reform aimed at simplifying the country's tax framework while retaining the existing tax structure. The government has clarified that the new law does not introduce any new taxes or increase the tax burden, but focuses on making the system clearer, more transparent and easier to comply with. The reform is being positioned as a complete s ...Read More >
MUMBAI: A high-profile trademark dispute is brewing in the entertainment world as Las Vegas performer Maren Wade has filed a lawsuit against global pop star Taylor Swift over the title of her latest album. Filed on March 30 in the U.S. District Court for the Central District of California, the suit accuses Swift and UMG Recordings of trademark infringement, false designation and unfair competition. At the centre of the dispute is Swift's chart-topping album The Life of a Showgirl, released in O ...Read More >
New Delhi: The Lok Sabha on Monday passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, aimed at accelerating insolvency resolutions and strengthening India's bankruptcy framework. Piloting the Bill, Finance and Corporate Affairs Minister Nirmala Sitharaman said the proposed 12 amendments will help maximise value for stakeholders, improve governance, and address persistent delays caused by litigation. A key provision mandates that insolvency applications be admitted within 14 days ...Read More >
NEW DELHI: Finance minister Nirmala Sitharaman said amendments to the Insolvency & Bankruptcy Code (IBC) will help maximise value for stakeholders as the Lok Sabha passed the bill on Monday.She said the 12th Amendment seeks to strengthen the existing insolvency framework, as well as address practical challenges, and incorporate evolving global best practices. She added that the law has been a major factor in improving the health of the country's banking sector.Citing extensive litigation by prom ...Read More >
New Delhi: A Delhi court on Tuesday adjourned the hearing in the criminal defamation case filed by Priya Kapur, wife of late businessman Sunjay Kapur, against her sister-in-law Mandhira Kapur Smith, granting time to the complainant to file a reply to an application moved by the proposed accused. The matter, which came up before the Patiala House Courts, has now been listed for further hearing on April 22 after Priya Kapur sought time to respond to an application filed by Mandhira Kapur under Se ...Read More >
New Delhi, Mar 30 (PTI) Observing that judicial infrastructure in Kargil holds deeper significance, Chief Justice of India Surya Kant said the establishment of a district court in the town reassures citizens that the constitution does not recede with the mountains and justice remains accessible to all. Speaking at the inauguration event of the new District Court Complex in Kargil on Sunday, CJI Surya Kant said that for a person living in Ladakh, reaching a courtroom is often a journey of great ...Read More >
NEW DELHI, March 30 (Reuters) - India has proposed an overhaul of its bankruptcy law, including allowing financial creditors to initiate insolvency proceedings and tightening deadlines, in a bid to speed up resolutions and promote ease of doing business. Resolutions of stressed assets in India have been delayed despite a mandated 330-day timeline under the Insolvency and Bankruptcy Code, introduced in 2016, largely due to procedural and legal hurdles. Cases often pile up for admission at the Na ...Read More >
New Delhi [India], March 30 (ANI): A Public Interest Litigation has been filed before the Supreme Court seeking the establishment of a dedicated Revenue Judicial Service Cadre for adjudication of land disputes across India. The petition, filed by advocate and social activist Ashwini Kumar Upadhyay, calls for structural reforms in the existing system of land dispute resolution. The plea primarily urges the apex court to direct the Centre and State governments to constitute a specialised judicia ...Read More >
The Indian Premier League (IPL) 2026 season has barely begun, but it has already delivered its first major controversy. Following Kolkata Knight Riders' (KKR) six-wicket defeat to Mumbai Indians (MI) at the Wankhede Stadium, a pointed remark from captain Ajinkya Rahane has triggered a wider debate - forcing Cricket Australia (CA) to step in with a clarification. At the centre of the storm is Cameron Green, KKR's high-profile signing worth INR 25.20 crore, who did not bowl a single over despite ...Read More >
New Delhi: The Lok Sabha on Monday passed a bill to amend the insolvency law to provide for strict timelines, an out-of-court settlement option and enable the framework for cross-border insolvency processes. Piloting the bill in the Lok Sabha, Finance and Corporate Affairs Minister Nirmala Sitharaman said that 12 amendments are being made in the Insolvency and Bankruptcy Code (IBC), which came into force in 2016, that would help maximise the value for stakeholders and improve the governing proc ...Read More >
New Delhi [India], March 2 (ANI): The central government has retained an 8.25 per cent annual rate of interest to be credited on Employees' Provident Fund (EPF) accumulations in members' accounts for the financial year 2025-26, according to the Ministry of Labour and Employment of India. The interest rate would be officially notified by the Government of India, following which the Employees' Provident Fund Organisation (EPFO) would credit the rate of interest into the subscribers' accounts. Th ...Read More >
NEW DELHI: The Central Board of Trustees (CBT) has recommended an 8.25% rate of interest on Employees' Provident Fund (EPF) deposits for the financial year 2025-26, offering continued relief and stable returns to over six crore subscribers amid global economic uncertainties. The decision was taken at the 239th meeting of the CBT chaired by Union Labour and Employment Minister Mansukh Mandaviya in New Delhi on Monday. The interest rate will be officially notified by the Government of India, foll ...Read More >
Guwahati: Meghalaya Assembly Speaker Thomas A Sangma on Friday refused to allow a discussion on the recent illegal coal mine blast that killed 33 people earlier this month, citing the sub judice provisions under Assembly rules. The move drew strong protests from the Opposition. The Speaker said the matter is pending in court and, therefore, cannot be taken up on the House floor. "I have received that this matter is sub judice and is pending in the court of law. Accordingly, I have taken this d ...Read More >
New Delhi: The Delhi High Court on Tuesday issued notice to Mandhira Kapur Smith, sister of late industrialist Sunjay Kapur, while hearing a defamation suit filed by his wife, Priya S Kapur. A bench of Justice Mini Pushkarna heard the matter. During the hearing, the court directed both sides to refrain from making statements against each other. "Both parties are directed to exercise restraint in making statements on each other, directly or indirectly," the judge said. Priya Kapur, in her plea, ...Read More >
A top court bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and Vipul M Pancholi asked the petitioners to move the Gauhati High Court with their pleas, news agency PTI reported. The apex court asked why the petitioners hadn't moved the Gauhati HC, warning them not to undermine its authority. "Why haven't you gone to the Gauhati High Court? Don't undermine its authority... Will ask parties to use restraint and remain within the boundaries of constitutional morality, but this is b ...Read More >
New Delhi, Dec 17 (UNI) Taking serious note of the worsening air pollution levels in the Delhi-NCR region, the Supreme Court on Wednesday issued a series of directions to the National Highways Authority of India (NHAI) and the Municipal Corporation of Delhi (MCD) to urgently examine the feasibility of temporarily closing or relocating toll plazas situated at the borders of the national capital to ease chronic traffic congestion. A Bench comprising Chief Justice of India Surya Kant, Justice Joym ...Read More >
Ahmedabad, Dec 17 (SocialNews.XYZ) The Gujarat High Court has ruled that Waqf institutions will now be treated on par with other religious trusts in legal proceedings, directing Waqf Boards to pay prescribed court fees in property-related disputes, just as Hindu and other religious trusts are required to do. The court observed that no plaintiff is above due process of law and that uniform legal standards must apply to all religious institutions. In its order, the High Court clarified that the f ...Read More >
NEW DELHI: Taking a serious note of the severe air pollution levels in Delhi-NCR, the Supreme Court on Wednesday issued a slew of directions and asked the NHAI and the MCD to consider either temporary closing or relocating the nine toll plazas of the civic body at borders of the national capital to ease usual massive traffic congestion. The top court described the pollution crisis as an "annual feature" and called for pragmatic and practical solutions to tackle the menace and modified its own i ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.