Latest News, Updates & Breaking Headlines
US President Donald Trump on Friday signed an executive order revoking the additional 25 per cent tariff imposed on all imports from India over New Delhi’s purchases of Russian oil, the White House said.The move comes days after India and the United States finalised a long-pending trade deal, following nearly a year of trade tensions…
South Indian cinema saw significant legal and personal developments. The Madras High Court upheld a Rs 1.5 crore tax penalty on actor Vijay. Actress Anju Krishna was arrested in a drug case, while actor Maniyanpilla Raju faced arrest after a road accident. Director Jeethu Joseph confirmed ‘Drishyam 3’ will conclude the series. On February 6,…
Madras High Court has upheld a Rs 1.5 crore income tax penalty against actor Vijay, dismissing his petition. The court found no grounds for interference, endorsing the Income Tax Department’s stance on undisclosed income from the film ‘Puli’. Meanwhile, Vijay’s film ‘Jana Nayagan’ faces release delays due to censor and legal issues. The Madras High…
CHENNAI: Madras high court on Friday dismissed a plea moved by actor and founder of political party Tamilaga Vetri Kazhagam (TVK) Vijay, challenging a Rs 1.5 crore penalty imposed by the income tax department for allegedly not disclosing his true income during the assessment period 2015-16.Justice Senthilkumar Ramamoorty passed the order while rejecting the plea…
Sebi on Thursday barred 15 individuals from securities markets for three years and imposed a total penalty of Rs 3.6 crore for manipulating shares of Unison Metals through misleading stock recommendations circulated on telegram channels. In addition, the regulator directed 10 individuals to disgorge an unlawful gain of over Rs 3.87 crore, which is to…
The Finance Bill, 2026 tightens the compliance screws on crypto assets, expanding reporting and sharpening penalties from April 1, 2026, while leaving tax rates unchanged. Crypto exchanges, wallet providers and intermediaries must now report transaction details to tax authorities, aligning India with the OECD’s crypto-asset reporting framework. The VDA (virtual digital assets) definition widens to…
New Delhi: In a significant departure from one-size-fits-all penalty approach, the SC has said bigger companies bear higher responsibility towards protection of environment and it would be justifiable to impose higher penalties on mega firms for environment damage caused by them, reports Dhananjay MahapatraThis decision by Justices Dipankar Datta and Vijay Vishnoi was given while…
Josh Allen after Bills’ game against Broncos (Imagn Images) Josh Allen stood at the center of another Buffalo heartbreak as the Bills watched their postseason dreams vanish in the cold, unforgiving chaos of overtime. A season built on belief, resilience, and late-game magic ended Sunday night with silence on the sideline and disbelief in the…
Iran’s Supreme Leader Khamenei (File photo) Iran sharply escalated its response to nationwide protests, with the country’s attorney general warning that anyone taking part in demonstrations could be treated as an “enemy of God” — a charge that carries the death penalty under Iranian law.The warning, issued by Attorney General Mohammad Movahedi Azad and broadcast…
Vodafone Idea on Thursday said it has received a GST penalty order of about Rs 638 crore from the Office of the Additional Commissioner, Central Goods and Services Tax, Ahmedabad, and that it will challenge the order through legal action, PTI reported.In a statutory filing, the debt-laden telecom operator said it does not agree with…
