Latest News, Updates & Breaking Headlines
Owning overseas real estate, whether in Dubai, London or Singapore, has become an increasingly popular aspiration among Indian investors. But recent enforcement action has highlighted that foreign property purchases can invite regulatory scrutiny if Foreign Exchange Management Act (FEMA) rules are not followed carefully.Earlier this month, the Directorate of Enforcement conducted searches under FEMA, 1999…
The exact size of any potential refund remains uncertain. (AI image) The Donald Trump administration may go ahead and refund India for small amounts of penalties it may have collected for the 25% tariff related to imports of Russian crude oil. The US could return a portion of the penalty levied on India for importing…
Ramadan 2026 in UAE: How Will Working Hours Change for You? As the holy month of Ramadan 2026 approaches (expected to begin around February 18–19, 2026 after the crescent moon sighting), residents and workers across the United Arab Emirates are preparing for annual adjustments to daily routines including reduced working hours in both the private…
The Central Consumer Protection Authority (CCPA) on Saturday said it has taken suo motu action against 27 restaurants across the country for mandatorily levying service charges on customers, holding the practice to be a violation of consumer law.The restaurants have been fined up to Rs 50,000, directed to refund the service charge collected from consumers,…
Bengaluru apartment body booked for running parallel justice system BENGALURU: A controversial “drug penalty” system in a residential complex has prompted a full-fledged criminal investigation, with police accusing the apartment association and a private security firm of running an illegal parallel justice mechanism and systematically suppressing serious crimes.Kumbalgodu police have registered a suo motu criminal…
If you earn income beyond a fixed salary or have multiple income streams, December 15, 2025, is a tax deadline you cannot afford to overlook. Missing or underpaying advance tax does not trigger a one-time fine, but monthly interest penalties that continue to accumulate quietly until assessment.Under India’s “pay as you earn” framework, advance tax…
NEW DELHI: Noting that current laws do not explicitly criminalise deep fake abuse, NCW recommended inclusion of a clear legal definition and strict penalties under BNS 2023 to fill the legislative gap and ensure accountability, reports Ambika Pandit. A new section has been proposed by NCW in BNS to say “modified content means to include…
NEW DELHI: Vodafone Idea’s shares tumbled 12.4 per cent to Rs 8.21 on the BSE on Thursday after the Supreme Court issued its written order on the company’s adjusted gross revenue (AGR) dues, curbing the extent of relief investors had anticipated. The clarification dented hopes of a broader reprieve for the debt-laden telecom operator.The written…
After United States, the European Union has also imposed sanctions on Russia, targeting the country’s oil industry in efforts to intensify international efforts to block the funds that Moscow depends on to sustain its invasion of Ukraine.Earlier on Wednesday, US President Donald Trump had announced sanctions on Russian oil firms.Ukrainian President Volodymyr Zelenskyy welcomed the…
Saudi Arabia strengthens tourism regulations to ensure fair penalties and enhance visitor safety nationwide/Representative Image The Ministry of Tourism’s new amendments introduce a more precise and fair system of penalties based on the size and location of tourism facilities. They also establish a clear distinction between major and non-major violations, offer grace periods for minor…
