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Hyderabad: The Telangana Transport Department has amassed a revenue of Rs 7,097 crore in the financial year 2025-206, achieving 83 per cent of its revenue target. In a statement, the department said it recorded a growth of 2.70 per cent in revenue as compared to financial year 2024-25. Most of the revenue came from lifetime taxes, with Rs 4,714.63 crore followed by quarterly taxes worth Rs 961.02 crore and green tax collections of Rs 78.35 crore. Apart from these, Rs 820.09 crore were receive ...Read More >
Hyderabad: The Transport Department has announced that it has generated total revenue of Rs 7097.38 crore during the financial year 2025-26. The department has recorded a growth rate of 2.70 per cent compared to the previous financial year 2024-25. According to the officials, out of the total revenue target of Rs 8535 crore set for the period from April to December 2025-26, the department has achieved 83.16 per cent, amounting to Rs 7097.38 crore. The revenue generated during the financial yea ...Read More >
Hyderabad: Telangana has recorded a robust growth in revenue collections from four key departments during the financial year 2025-26 ending March 31, with commercial taxes, excise, stamps and registrations, and transport departments together generating ₹1.57 lakh crore.The commercial taxes department emerged as the top contributor with collections of ₹93,840 crore, followed by the excise department at ₹40,209 crore, stamps and registrations at ₹16,000 crore, and the transport department at ₹7,10 ...Read More >
The benefit, however, is tightly targeted ShowQuick Read Summary is AI-generated, newsroom-reviewed * HRA exemption cap of 50% extends to cities like Hyderabad, Pune, Ahmedabad, Bengaluru from April 1 * The change benefits salaried employees under the old tax regime paying high rents in these cities * Exemption is the lowest of actual HRA, rent minus 10% of salary, or 50%/40% of salary by city Did our AI summary help? Let us know. Switch To Beeps Mode A major income tax shift is set to ...Read More >
Congress leader Rahul Gandhi on Thursday flagged deficiencies within the Ex-Servicemen Contributory Health Scheme (ECHS) and said the government should, at the very least, accord respect and support to the brave armed forces personnel who sacrifice everything for the country. Gandhi said that a few days ago, he met ex-servicemen who were injured in the line of duty while defending the nation at the 'Jansansad'. "They highlighted serious deficiencies within the Ex-Servicemen Contributory Health ...Read More >
The tax will be levied as a lumpsum at the time of registration (file) ShowQuick Read Summary is AI-generated, newsroom-reviewed * Karnataka plans to end road tax exemption on battery-operated electric vehicles * The Motor Vehicles Taxation Bill 2026 proposes separate lifetime tax slabs for EVs * One-time tax will range from 10% to 14% based on EV price categories Did our AI summary help? Let us know. Switch To Beeps Mode Bengaluru: One may soon have to shell out more bucks to buy an e ...Read More >
Bengaluru, Apr 2 (PTI) Karnataka BJP has slammed the state government's move to end tax exemption given to battery-operated four-wheelers like cars and omni buses and claimed the move will make electric vehicles costlier. State BJP President B Y Vijayendra accused the Congress government of taxing Karnataka's future to pay for its "failures". Karnataka government plans to introduce a lifetime tax for electric vehicles, including motor cars, jeeps, omni buses and private service vehicles. Howev ...Read More >
New Delhi, Apr 2 (PTI) Congress leader Rahul Gandhi on Thursday flagged deficiencies within the Ex-Servicemen Contributory Health Scheme (ECHS) and said the government should, at the very least, accord respect and support to the brave armed forces personnel who sacrifice everything for the country. Gandhi said that a few days ago, he met ex-servicemen who were injured in the line of duty while defending the nation at the 'Jansansad'. "They highlighted serious deficiencies within the Ex-Service ...Read More >
New Delhi, April 2: Congress leader Rahul Gandhi on Thursday raised concerns over the functioning of the Ex-Servicemen Contributory Health Scheme (ECHS), alleging serious lapses in healthcare access for retired armed forces personnel. Citing interactions with injured ex-servicemen at a 'Jansansad' event, Gandhi highlighted issues such as delayed reimbursements, medicine shortages, and denial of treatment by empanelled hospitals. In a post on Facebook, Congress MP wrote, "A few days ago, I met w ...Read More >
Beed: In a major crackdown on the alleged misuse of disability benefits, the Beed Zilla Parishad (ZP) administration has suspended eight primary school teachers after an inquiry revealed that they had availed government concessions by falsely claiming hearing impairment. The action follows a detailed medical reassessment conducted by the Ali Yavar Jung National Institute of Speech and Hearing Disabilities (Divyangjan), a premier national institution. The re-evaluation found that the teachers' l ...Read More >
Mumbai, April 1: The Income Tax (I-T) Act, 2025, and its accompanying 2026 rules officially come into force on April 1, 2026, marking the start of the 2026-27 financial year. While income tax slabs remain unchanged under both the Old and New regimes, the new legislation introduces substantial revisions to corporate perquisites, tax collection rates, and investment levies. Salaried professionals, particularly those opting for the Old Tax Regime, will see a significant recalibration of tax-exempt ...Read More >
India's tobacco sector is a double-edged sword: it sustains 45.7 million livelihoods while fueling a public health crisis that kills prematurely and burdens the economy. Our Civitas white paper identifies a "development trap" -- a self-reinforcing cycle in which economic dependence on informal production of tobacco thwarts effective control, leaving 266.8 million users, primarily SLT (Smokeless Tobacco) and beedi consumers, without adequate cessation support while exposing workers to precarious ...Read More >
Beed, Mar 31 (PTI) The authorities in Maharashtra's Beed district have suspended eight teachers of different primary schools run by the Zilla Parishad for allegedly availing government concessions through a false claim of hearing impairment, officials said on Tuesday. These teachers belong to schools located in different parts of the district and the action against them was taken following an inquiry. The action follows a detailed medical reassessment conducted by the Ali Yavar Jung National I ...Read More >
New Delhi: The new Income-tax Act, 2025, set to come into effect from April 1, 2026, marks a comprehensive overhaul of India's six-decade-old tax framework, with a focus on simplifying compliance, enhancing transparency, and rationalising exemptions for salaried taxpayers. While tax slabs and rates remain unchanged, the new regime significantly alters the way income, deductions, and disclosures are reported and verified, shifting emphasis towards more accurate and detailed reporting. Multiple ...Read More >
New Delhi [India], March 31 (ANI): The new Income-tax Act, 2025, set to come into effect from April 1, 2026, marks a comprehensive overhaul of India's six-decade-old tax framework, with a focus on simplifying compliance, enhancing transparency, and rationalising exemptions for salaried taxpayers. While tax slabs and rates remain unchanged, the new regime significantly alters the way income, deductions, and disclosures are reported and verified, shifting emphasis towards more accurate and detail ...Read More >
By Sunil BadalaAs we approach FY 2026-27, the country stands at the cusp of one of the most significant overhauls of its income-tax framework in decades. With the introduction of the new Income-tax Act, 2025 and the Income-tax Rules, 2026, the Government aims to make the system even further simplified, streamlined, transparent, and taxpayer-friendly.For salaried individuals, this transition marks more than just a procedural change. It signals quite a shift in how income is reported, assessed, an ...Read More >
New Delhi, March 31 (SocialNews.XYZ) As India approaches the new fiscal year FY27, the country's direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force -- replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation. Major reform under the new framework is the replacement of the 'Financial Year' (FY) and 'Assessment Year' (AY) with a single 'tax year', which could simplify the filing ...Read More >
New Delhi: A calmer inflation outlook and recent tax relief have given India's urban consumers room to breathe, and to spend. Deloitte's latest consumer survey shows a rebound in discretionary spending, especially in leisure, restaurants, electronics and household goods. The upcoming festivals and easing prices are nudging households to loosen their wallets, even as job-related anxiety threatens to temper the mood. "Consumers remain financially confident, supported by easing price inflation con ...Read More >
BENGALURU, Oct 1 (Reuters) - India's manufacturing sector expansion lost some momentum last month, slipping to its weakest pace in four months but remaining strong, while factory gate prices surged at the fastest rate in nearly 12 years to combat mounting input costs, a survey showed on Wednesday. That suggests the United States' punitive 50% tariffs on Indian goods could be starting to bite Asia's third-largest economy, which has been the fastest growing among major nations this year. HSBC's ...Read More >
New Delhi: India's manufacturing activity continued to expand in September, but at a slower pace as the manufacturing purchasing managers' index (PMI) stood at 57.7, down from 59.3 in August, even though tax relief for common man has boosted business optimism for the year ahead. The survey, conducted by the adjusted HSBC India PMI, showed that new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to a one-year low. "The September headline ind ...Read More >
In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction. India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to a one-year low, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index moderated from 59.3 in August to 57.7 in September, pointing to the wea ...Read More >
Vijayawada: A major awareness campaign on the benefits of GST 2.0 reforms will be held in Andhra Pradesh on September 30 and October 1, with a special focus on farmers and allied sectors. District, mandal and RSK-level seminars, tractor rallies, and farm machinery exhibitions are being organised to explain the extensive tax relief measures. Director of agriculture Dilli Rao said on Sunday that under the new GST policy, effective from September 22, the tax rate on fertilisers, pesticides, micron ...Read More >
Kolkata, Sep 16 (PTI) Economist and former CPI(M) leader Prasenjit Bose joined the Congress during a programme in the metropolis, and asserted that he would support the party in its fight to "save the Constitution". Bose (51) became a part of the Congress at a formal joining ceremony here on Monday in the presence of party leaders Ghulam Ahmad Mir, Syed Naseer Hussain and Kanhaiya Kumar, besides state unit president Subhankar Sarkar. "We have to protect the Constitution, establish a government ...Read More >
New Delhi: The Delhi government will soon begin clearing pending electric vehicle (EV) subsidy dues amounting to about ₹140 crore, officials said on Monday as per PTI. Transport Minister Pankaj Singh confirmed that the department will verify all subsidy applications to resolve the backlog, which has piled up over the past two years. "The process of identifying eligible beneficiaries has already started," an official said. A dedicated portal for clearing dues is also being prepared. The develop ...Read More >
Andhra Pradesh Chief Minister N. Chandrababu Naidu has appealed to the Union Government to come to the rescue of aqua farmers in the State, who are under severe distress due to the imposition of 50 per cent tariffs by the United States. He asked the Government to consider announcing a 240-day moratorium on loan and interest repayments, interest subsidies, and a temporary waiver of the 5 per cent GST on frozen shrimp. Calling for a national policy to protect the interests of aqua farmers, Naidu ...Read More >
Vijayawada, Sep 15 (UNI) Andhra Pradesh Chief Minister N Chandrababu Naidu has appealed to the Centre to support aqua farmers in Andhra Pradesh who are facing severe distress due to US-imposed tariffs. The Chief Minister urged the union Government to take decisions at the national level to protect aqua farmers from losses and requested measures to increase domestic consumption of aqua products. To this end, he has written separate letters to union Finance Minister Nirmala Sitharaman, Commerce ...Read More >
New Delhi: BCCI vice-president Rajiv Shukla said on Saturday that Team India's new jersey sponsor will be confirmed within the next two to three weeks, with the bidding process set to conclude on September 16. The BCCI's ₹358 crore per-year contract with Dream11 was terminated because of the Promotion and Regulation of Online Gaming Bill, which forbids real-money gaming apps, so India is currently competing in the Asia Cup without a jersey sponsor. The BCCI has now issued a fresh tender that pr ...Read More >
Barring discussions on Operation Sindoor in both House, the session has seen little business ever since it began on July 21 due to repeated disruptions and adjournments initially due to opposition demand for discussion on Operation Sindoor and then over demands for a discussion on the Special Intensive Revision exercise in Bihar Twelve bills were passed by the Lok Sabha and 14 by the Rajya Sabha during the month-long monsoon session of Parliament, which has witnessed repeated disruptions, adjou ...Read More >
VMPL New Delhi [India], August 14: Ellenox, India's largest venture studio, is accelerating its global push in enterprise AI development. In the past year, the company has grown its headcount by 50% over the last year, bringing in senior AI talent from Amazon and Google to power its next phase of expansion. Already delivering AI transformation for Fortune 50 leaders in fintech, cloud computing, consumer social, and sports-tech, Ellenox has built systems that replace costly call centers with na ...Read More >
New Delhi: The government has introduced four amendments to the Income Tax Act, 1961, relevant for FY 2025-26, but included in the Income Tax Bill, 2025, applicable for FY 2026-27, Union Finance Minister Nirmala Sitharaman has said. The major amendment grants tax exemption on dividends, interest, and long-term capital gains to sovereign wealth funds and pension funds investing in infrastructure from April 1, 2020, to December 31, 2030, subject to notification. The Public Investment Fund (PIF) ...Read More >
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