NRIs, learn the tax implications of being a joint holder on parents' Indian bank accounts and the online procedure to apply for a nil TDS certificate when selling property in India. Expert advice inside.
Nagpur police's 'Operation U-Turn' penalises parents for underage driving. FIRs, hefty fines up to Rs 30,000, and vehicle seizures enforced. Learn the strict consequences.
Private bus operators in Rajasthan protest against challans for luggage carriers, citing state rules allowing 45kg luggage per passenger. They demand clarity from the government.
Delhi government will restart enforcement against 10-year-old diesel and 15-year-old petrol vehicles after severe air pollution subsides, following a Supreme Court order. Over 1 crore vehicles face action.
The Kerala High Court has declared the Centre's service tax on amusement facilities unconstitutional, ruling it encroaches on the state's taxation powers. Read the full legal analysis.
Kerala High Court rules Centre cannot levy service tax on amusement park entry, calling it unconstitutional. The court says only states can tax entertainment. Read the full details.
Thane MACT dismissed a 2018 road accident compensation claim, citing the claimant's failure to prove the other rider's negligence. Key details and legal implications explained.
Supreme Court modifies order, offering relief to BS-IV and BS-VI vehicle owners in Delhi-NCR. Renewal may now depend on fitness tests, not just age. Read for details.
Indian residents selling US RSUs face 12.5% long-term capital gains tax. Learn the rules for reporting foreign assets and handling FAIU summons for NRIs.
JSW Group announces its entry into India's passenger vehicle market with a new in-house brand, JSW Motors, focusing on electric and hybrid vehicles. Launch targeted for Q3 FY26. Read more.
Finance Act 2024 rewired share buyback taxation, shifting the burden to shareholders from Oct 1. Experts warn it taxes notional income and creates distortions. Learn the new tax implications.
A parliamentary committee has been granted more time to examine two crucial bills that outline the process for removing a Prime Minister or Chief Minister from office. The report is now due in the Winter Session.
Understand Portfolio Management Services (PMS): how they differ from mutual funds on tax, customization, and costs. Know the ₹50 lakh minimum and make an informed investment choice.
Delhi enforces a ban on non-Delhi registered private vehicles below BS-VI standards to combat severe air pollution. Essential services exempt. Learn the rules and impact.
Telangana High Court demands explanation on cameras used for e-challans, finds discrepancies in challan format. Next hearing on Dec 23. Read the full story.
The Supreme Court has clarified that its order protecting old vehicles from coercive action applies only to BS 4/BS 6 models. Over 107 lakh BS 1-3 vehicles face action, impacting Delhi-NCR air quality.
Supreme Court allows Delhi government to deregister and scrap old petrol & diesel vehicles. A major step to fight air pollution in the capital. Read the full details.
Delhi bans non-Delhi registered, pre-BS-VI vehicles under GRAP. Experts welcome the move but urge focus on public transport & faster EV shift for lasting clean air.
Nagpur police secure rare conviction, jailing a repeat drunk driving offender for 14 days. The court's stern verdict highlights zero tolerance for road safety violations. Read more.
Ford announces a major strategic pivot, shifting its next F-150 Lightning to an EREV architecture and recording $19.5B in charges. It reaffirms 2025 cash flow guidance and targets 50% electrified sales by 2030. Read the full details.
Panjab University's QR code vehicle sticker drive concludes, revealing only 1,800 student cars out of 16,000+ enrolments. The data confirms traffic woes are largely due to outsider vehicles.
Calcutta High Court rules the smell of alcohol in a post-mortem report is insufficient to deny compensation to a victim's family. The court emphasized the need for concrete proof of drunken driving.
Thousands of traders across four major Maharashtra cities shut markets in a statewide bandh, demanding abolition of APMC cess and reforms. The protest highlights issues of dual taxation under GST.
Donald Trump approves rule allowing low-speed electric NEVs on US roads. This move could open new opportunities for Indian EV manufacturers eyeing the American market. Read more.
Toyota urges India to incentivize ethanol-powered flex-fuel hybrids, arguing they are cleaner than EVs in a full lifecycle analysis. The push is backed by the sugar industry.
Toyota's India head calls for tax breaks and cheaper pricing for flex fuel vehicles, arguing they are the next logical step after E20, not higher ethanol blends. Learn about the challenges and the proposed roadmap.
The Indian Parliament has approved a bill to impose excise duty on tobacco. Finance Minister Nirmala Sitharaman addressed the Rajya Sabha, detailing the legislation's aspects and responding to queries. Read the full story.
Recent IPOs highlight Esop wealth, but fine print, taxes & short exercise windows mean many employees never see the payout. Learn the hidden costs and how to navigate them.
Nakodar police launch a special drive against noisy modified bike silencers, issuing 15 challans under the Motor Vehicles Act. Owners face fines and legal action.
Ernakulam's MVD cracks down on 833 vehicles for zebra crossing violations, mostly cars. Experts call for infrastructure overhaul and strict enforcement to protect pedestrians. Read more.