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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India has begun its long-delayed population census. Here’s why it matters.

NEW DELHI, India — India has begun the world’s largest national population count, which could reshape welfare programs and political representation across the country. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The previous census in 2011 recorded a population of 1.21 billion. It’s now estimated to be…

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LSG vs DC: Sameer Rizvi’s unbeaten 70 guides Delhi Capitals to six-wicket victory | Cricket News

Sameer Rizvi and Tristan Stubbs (Photo: IPL) Sameer Rizvi delivered a stunning display of composure and class after coming in as an Impact Substitute, guiding Delhi Capitals to a comfortable six-wicket victory over Lucknow Super Giants in their IPL clash on Wednesday.Chasing a modest target of 142, Delhi found themselves in deep trouble early on,…

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Antisemitism probe at University of Pennsylvania intensifies as court seeks records on Jewish employees

A federal judge has ordered the University of Pennsylvania to provide records related to Jewish employees to the U.S. Equal Employment Opportunity Commission as part of an investigation into alleged antisemitic discrimination, while limiting the scope of disclosure.According to Associated Press, U.S. District Judge Gerald Pappert said employees may decline to participate in the investigation,…

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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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Keurig Dr Pepper completes deal for JDE Peet’s

BURLINGTON, MASS. — Keurig Dr Pepper Inc. has completed its acquisition of 96.22% of the shares of JDE Peet’s, Amsterdam, The Netherlands, for approximately $18.4 billion. After an interim operating period, Keurig Dr Pepper plans to separate into two independent, US-listed publicly traded companies, creating a cold beverage-focused refreshment company and a global coffee company….

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