Clipped from: https://maharashtratimes.com/editorial/mahayuti-wins-maharashtra-local-body-elections-2025/articleshow/126119623.cms Maharashtra Local Body Election: उत्तर महाराष्ट्र, पश्चिम महाराष्ट्र, विदर्भ-मराठवाडा आणि कोकण अशा सर्व भागांमध्ये भाजपचे झेंडे फडकले आहेत. अशा निवडणुकांमधून तळागाळात उभी राहणारी
Category: One Star
*Supreme Court reserves verdict on plea to withdraw life-sustaining treatment for Harish Rana – The Hindu
Clipped from: https://www.thehindu.com/news/national/supreme-court-reserves-verdict-on-a-plea-to-withdraw-life-sustaining-treatment-for-harish-rana/article70512419.ece The hearing highlighted the importance of the family taking a “consistent and well-considered” decision Supreme Court of India, New Delhi. File | Photo
*Lady signs POA with land owner, builds flats on land and sells, claims Rs 13 crore tax deduction, I-T dept sends notice; She fights back and wins in HC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/lady-signs-poa-with-land-owner-builds-flats-on-land-and-sells-claims-rs-13-crore-tax-deduction-i-t-dept-sends-notice-she-fights-back-and-wins-in-hc/articleshow/126544402.cms On December 1, 2025, the Madras High Court upheld ITAT Chennai’s order, stating that a taxpayer can claim deduction under Section 80-IB without needing to own
*Banks’ credit-to-deposit ratio hits record 81.75% as mobilisation lags – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-credit-to-deposit-ratio-hits-record-81-75-as-mobilisation-lags/articleshow/126551281.cms Synopsis Indian banks’ credit-to-deposit ratio hit an all-time high of 81.75% as of December 31, signaling pressure to attract deposits amid robust loan
*Disputing a wrong credit card charge? Experts say timing decides refunds | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/disputing-a-wrong-credit-card-charge-experts-say-timing-decides-refunds-126011500758_1.html Banks and card networks run on different clocks, and the earliest deadline often decides the outcome Credit Card(Photo: Shutterstock) Disputing a wrong credit
*No Hearing, No Merits: Income Tax Appellate Orders Quashed and Sent Back
Clipped from: https://taxguru.in/income-tax/hearing-merits-income-tax-appellate-orders-quashed.html Shaheed Bhagat Singh Polyethnic Vs DCIT (ITAT Chandigarh) The appeals before the Income Tax Appellate Tribunal, Chandigarh Bench concerned multiple assessment years and
*Income Tax Consultant died during COVID-19: ITAT condones 848 days’ delay [Read Order]
lipped from: https://www.taxscan.in/top-stories/income-tax-consultant-died-during-covid-19-itat-condones-848-days-delay-1441910?TRN300=ceKGZRSUsadMkVDFHbVMSBGgasjdwuMkVdfxKeMhgJhMVDFciMsKzIdnkMsash&LKD333=3345168 The ITAT condoned a delay of 848 days in filing an appeal, noting that the taxpayer’s consultant had died during the COVID-19 pandemic.
*Labour Codes impact: Infosys Q3 provisions at Rs 1,289 cr; top 3 IT firms at Rs 4,373 cr – BusinessToday
Clipped from: https://www.businesstoday.in/markets/stocks/story/labour-codes-impact-infosys-q3-provisions-at-rs-1289-cr-top-3-it-firms-at-rs-4373-cr-510909-2026-01-14 On November 21, the government notified provisions of the Labour Codes. These Labour Codes consolidate twenty-nine existing labour laws into a unified framework
*India’s next credit reform – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/indiasnbspnextnbspcreditnbspreform/4106555/ Financial asset tokenisation offers a way to convert data-driven inclusion into credit depth. According to World Bank data, India’s domestic credit by banks to the private
*Optimum credit-deposit ratio for banks is 76-80%, says SBI report | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/cd-ratio-beyond-80-diminishes-profitability-gains-of-banks-sbi-report-126011201004_1.html CD ratio of banks stood at 82% as of December 15 The credit-deposit (CD) ratio beyond 80 per cent for state-owned and private
*New labour codes, restructuring and provisioning impact TCS’ Q3 profit | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/new-labour-codes-restructuring-and-provisioning-impact-tcs-q3-profit-126011200909_1.html Statutory impact of new labour codes, AI-led restructuring costs and a large legal provision weighed on TCS’s Q3 FY26 profitability Under the new
*How can I ensure my wife inherits our ancestral properties without claims from my children? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-can-i-ensure-my-wife-inherits-our-ancestral-properties-without-claims-from-my-children/articleshow/126372717.cms Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us
Income Tax Act 2025: 5 things that will change for taxpayers when new laws replace old rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-act-2025-5-things-that-will-change-for-taxpayers-when-new-laws-replace-old-rules/articleshow/126477339.cms As the Financial Year 2026-27 begins from April 1, 2026, New Income Tax Act, 2025 will come into effect in India. With an aim
*Accountant Illness & Business Closure Not Valid Grounds to Extend GST Limitation
Clipped from: https://taxguru.in/goods-and-service-tax/accountant-illness-business-closure-valid-grounds-extend-gst-limitation.html Tapi Ready Plast Vs State of Gujarat & Ors (Gujarat High Court) The writ petition challenged the rejection of a statutory GST appeal
*Renewing motor policy: When less can be more – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/renewing-motor-policy-when-less-can-be-more/article70497395.ece Logically, the renewal premium should be lower since the sum insured reduces each year, yet it remains unchanged, or is even higher and
*’India is not so dependent on US, has alternatives’: Ex RBI MPC member plays down trade deal risks – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/india-is-not-so-dependent-on-us-has-alternatives-ex-rbi-mpc-member-plays-down-trade-deal-risks-510328-2026-01-11 ‘Today, emerging markets account for more than 50% of world growth, and the US will find that people will develop alternatives if they
*Your Rs 12 lakh annual income isn’t fully tax-free if it includes this component – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2026-your-rs-12-lakh-annual-income-isnt-fully-tax-free-if-it-includes-this-component-4103704/ The Union Budget 2025 brought massive relief to middle-class taxpayers by making annual income up to Rs 12 lakh tax-free under the new
*97% of bank deposit accounts insured – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/97-of-bank-deposit-accounts-insured/4102335/ New RBI data reveals that 42.1% of the total value of bank deposits in India was insured as of September 2025, a slight
*Section 68 Addition Deleted After Loan Genuineness Proven
Clipped from: https://taxguru.in/income-tax/section-68-addition-deleted-loan-genuineness-proven.html ITO Vs Mohanbhai Laljibhai Rami (ITAT Ahmedabad) Unsecured Loan Explained Through Evidence; Section 68 Addition Deleted and Revenue Appeal Dismissed: ITAT Ahmedabad Summary: