Explore Business Standard
Takedown and blocking powers are already provided for under the existing provisions, and the proposed amendments to the IT rules are not linked to content takedown actions, MeitY Secretary S Krishnan said on Tuesday. He said the proposed amendments do not give the government wider powers nor expand those, and are "merely clarificatory in nature". Fielding a question on the significant rise in blocking action seen over the last three-four months, Krishnan attributed the increase to synthetically-generated content. "There has been a sudden explosion across the board.... This is not to do with any one political party.... So, a sudden explosion of so-called 'deepfakes' has meant that further action has been taken," he said at a media briefing. To a question on whether there will be a provision for giving specific reasons behind recent takedowns of certain posts, Krishnan asserted that "these changes (IT rule amendments) have nothing to do with what are the takedowns...." Takedowns hap
The new income tax law and other budgetary provisions, including higher Securities Transaction Tax (STT) on F&O trade and lower TCS on overseas tour packages and LRS remittances for medical and education purposes, will come into effect from April 1. Also, the Budget announcement of a 20-year tax holiday up to 2047 to any foreign company that procures data centre services in India, and new safe harbour provisions with a higher threshold for software companies will come into effect from Wednesday, with the beginning of the 2026-27 fiscal. The Income-tax Act, 2025, will replace the Income-tax Act, 1961, with effect from April 1, 2026. The new Act aims to present the same tax policy in a more logical, accessible, and reader-friendly format. The Income Tax department has said that its e-filing portal will facilitate compliance under both the old and new Income Tax Acts in the transition period, and all assessments, appeals, and other proceedings relating to earlier years will continue .
The Supreme Court on Tuesday agreed to examine the Centre's plea challenging a Bombay High Court verdict that struck down amendments to Information Technology Rules aimed at regulating fake and false content posted on social media against the government. The top court did not stay the 2024 High Court verdict, which struck down the amended Information Technology Rules and termed them "unconstitutional", even as a three-judge bench of Chief Justice of India Surya Kant and Justices R Mahadevan and Joymalya Bagchi issued notices to the original petitioners, including stand-up comedian Kunal Kamra, the Editors Guild of India, and the Association of Indian Magazines. The High Court struck down the rules amended in 2023 to empower the central government to establish a Fact-Check Unit (FCU) to identify "fake, false, or misleading" information regarding "government business" on social media. If the FCU flagged content under those rules, social media intermediaries such as X, Facebook, or ...
The Income Tax department on Monday invited public inputs for review of the six-decade old I-T Act with regard to simplification of language, litigation reduction, compliance reduction, and obsolete provisions. Pursuant to the Budget announcement by Finance Minister Nirmala Sitharaman for a comprehensive review of the Income-tax Act, 1961, the Central Board of Direct Taxes (CBDT) had set up an internal committee to oversee the review and make the Act concise, clear, and easy to understand, which will reduce disputes, litigation, and provide greater tax certainty to taxpayers. "The committee invites public inputs and suggestions in four categories: simplification of language, litigation reduction, compliance reduction, and redundant/obsolete provisions," the CBDT said. A webpage on the e-filing portal -- https://eportal.incometax.gov.in/iec/foservices/#/pre-login/ita-comprehensive-review -- has been launched and the public can access the page by entering their mobile number and ...
The Supreme Court on Friday transferred to the Delhi High Court a batch of pleas pending before different high courts across the country challenging the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. A bench of Justices Hrishikesh Roy and Prashant Kumar Mishra noted that several petitions were pending on the issue before different high courts including Karnataka, Madras, Calcutta, Kerala and Bombay high courts. "In order to avoid contradictory judgments, the Union of India would wish to have all matters consolidated for analogous hearing. Since a large number of these cases are pending consideration before the Delhi High Court, we deem it appropriate to transfer the matters in various HCs to the Delhi HC," the bench said. The top court directed that all relevant paper books shall be transferred by the high courts to the Delhi High Court within four days. The apex court passed the order on a transfer petition moved by the Union of India f