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What's new in ITR-7 for AY 2025-26? Trusts and NGOs need to know this

The income tax department has notified ITR-7 for AY 2025-26 with key changes in capital gains reporting. Here's what trusts, NGOs and institutions filing under section 139 should keep in mind

From fake exemptions to old dues, CBDT tightens the tax net this year

With a record tax target this year, the CBDT is tightening scrutiny on top taxpayers, fake claims, and old dues while aiming for faster refunds and better taxpayer awareness.

Coca-Cola reports double-digit volume growth in India, helped by Thums Up

Net income rose 5 per cent to USD 3.3 billion for the quarter. Adjusted for one-time items, the Atlanta company earned 73 cents per share. That beat expectations of 72 cents

Bullet train to be operational by 2028: Maharashtra CM Devendra Fadnavis

State plans new airports in Vadhvan, Pune, Shirdi, and Nagpur; $50 bn fresh investment expected in infra

Supreme Court pulls up Tamil Nadu Governor R N Ravi for stalling Bills

Specifies how long governors can hold on to Bills passed by state Cabinet

Ikea looking for next phase of investment in India, aims growth: CEO

Ikea is planning to have 2 full-size stores in Delhi-NCR -- at Gurugram in 2026 and Noida in 2028

AAP govt's Delhi excise policy caused Rs 2,000 crore loss: CAG report

New BJP dispensation has promised to table in the Assembly 13 more such reports

Samsung seeks TN govt's help after striking workers try to 'disrupt ops'

Union workers went on a strike on February 5 over suspension of three union leaders, demand their reinstatement

JPC report on Waqf Amendment Bill tabled in Parliament amid Oppn protests

The panel had adopted the report on the draft legislation by a 15-11 majority vote, and submitted it to the Lok Sabha Speaker on January 30

US military plane carrying 104 illegal Indian immigrants lands in Amritsar

Opposition parties allege that the deportees were handcuffed and humiliated

Why can't social media platforms block or label fakes, asks CEC Rajiv Kumar

He said election management bodies must devise and adopt a framework to manage these challenges

Central, state ministers unveil India Pavilion at WEF's Davos summit

Day marks talks on challenges that AI poses to societies, economies

EV sales must reach 50% by 2030 to achieve net zero goal: Bhupender Yadav

He urged the auto industry to participate in the government's Green Credit programme to incentivize voluntary environmental actions

Why can't Centre say it will consider grievances of farmers: SC asks Govt

The farmers under the banner of Samyukta Kisan Morcha (non-political) and Kisan Mazdoor Morcha have been camping at Shambhu and Khanauri border points between Punjab-Haryana since February 13, 2024

Govt clears PLI incentive of Rs 246 cr sought by M&M, Tata Motors

According to sources, Tata Motors submitted an incentive claim of approximately Rs 142.13 crore based on determined sales in FY 2023-24

Reliance's first-ever refinery at Jamnagar completes 25 yrs of operations

When Reliance founder chairman Dhirubhai Ambani wanted to pursue his long-cherished dream of setting up a refinery, he was offered land in the barren and desolate region off Jamnagar

Will return money of Urban Cooperative Bank's depositors, says Odisha CM

He said the government has decided to take up 54 programmes under the cooperative sector

Amitava Chatterjee appointed new managing director, CEO of J-K Bank

Chatterjee will replace Baldev Prakash, whose term comes to an end on December 29

No satellite spectrum allocation on first-come, first-served basis: Scindia

Scindia said there is a scientific argument and then an economic argument linked to the spectrum allocation

Eknath Shinde resigns, Devendra Fadnavis leads race to be Maharashtra CM

The BJP, according to sources, is working on a formula where Fadnavis will be the new CM. While Shinde and Nationalist Congress Party's (NCP's) Ajit Pawar will be the two deputy CMs