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Finance

Union Finance Minister introduce revised Income tax Bill 2025 in Lok Sabha Today

Union Finance Minister Nirmala Sitharaman will introduce the revised Income tax Bill 2025 in the Lok Sabha today. It change the original draft tabled on February 13, 2025. The earlier version was officially withdrawn, drawing criticism over the effort and time spent on its drafting. The government continues to pass legislation aimed at ensuring legislative

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Finance

Income Tax Bill 2025 Officially Withdrawn, New Version Out Today

The Income Tax Bill 2025 that introduced in the Lok Sabha on February 13 to update the current Income Tax Act, 1961, has withdrawn now. A new edition of the Income Tax Bill, with new guidelines made by Select Committee chaired by BJP MP Baijayant Jay Panda introduce in Parliament on Monday. New version of

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Finance

IRDAI Hit Policybazaar with 5 Crore Penalty over Insurance Norms Violations

The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a fine of Rs 5 crore on Policybazaar Insurance Brokers Pvt Ltd for a number of violations of insurance norms. The regulator said that Policybazaar Web Aggregator Pvt Ltd (now Policybazaar Insurance Brokers Pvt Ltd) fined Rs 5 crore and issued directions, advisories, and

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Finance

RBI Hold Repo Rate at 5.5% Amid Trump Tariffs Threat

The Reserve Bank of India (RBI) has remains repo rate unchanged at 5.5% due to US President Donald Trump’s tariff risk. The rate fell 16 paise the day gone by, after Trump issued new threats to hike tariffs on Indian items. The decision announced this morning at the Monetary Policy Committee (MPC) meeting, that’s held

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Finance

ED questioning Anil Ambani, No Lawyer Allowed, Session Will be Recorded

ED questioning Anil Ambani in New Delhi today. He is alleged in Rs 17,000 crore bank money laundering case. Sources say Mr Ambani not  allowed to have an lawyer present with him during questioning. The whole questioning session recorded on a digital camera. Statements recorded under the Prevention of Money Laundering Act (PMLA) are admissible

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Finance

17,000 crore loan fraud allegations on Anil Ambani, Face ED Today

Reliance Group Chairman Anil Ambani questioned by the Enforcement Directorate Tuesday morning on money laundering cases related to alleged bank loan frauds worth Rs 17,000 crore. The probe company face to Mr Ambani after 3 days of investigating through the records of 50 businesses across 35 locations, and interviewing 25 people. Sources told ‘massive quantity

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Finance

New UPI Rules Effective Today: Limits on balance check, Autopay, and More

New UPI Rules effective from today August 1. These policies will enhance the efficiency of UPI apps and protect customers from fraud. Implemented by the National Payments Corporation of India (NPCI), they apply to all payment providers like Google Pay, PhonePe, or Paytm. The new rules will alter activities like checking bank balance, processing autopayments,

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Finance

ED raids Anil Ambani Multiple Properties in Mumbai, SBI Declare Him Fraud for Rs 3,000+ crore

The Enforcement Directorate (ED) conducts raids at several places connected to industrialist Anil Ambani’s agencies in Mumbai. State Bank of India (SBI) declares the Reliance Communications and its MD Anil Ambani as ‘fraud’. While Ambani’s personal house was not a part of the raid operation, the ED teams from Delhi and Mumbai visited premises tied

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Finance

Paytm Q1 results: Revenue rises 28% to Rs 1,918 crore, Posts net profit of Rs 123 crore

One 97 Communications Ltd, the figure of Paytm said consolidated net income of Rs 123 crore in the region ended June 30, 2025 as against net lack of Rs 839 crore a year in the history, aided by strong lending industry and as it kept a decent lid on charges, in particular marketing and employee

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Finance

SBI Claims Anil Ambani Reliance Communications’ loan, State it bankrupt Company

The State Bank of India (SBI) has classified the loan account of Anil Ambani Reliance Communications (RCom) as ‘fraud’.  RCom filed a securities filing on Tuesday, disclosing the circulate of India’s largest lender. Last year, Canara Bank also tagged the RCom loan account as ‘fraud’. Reliance Communications is a part of the company led through

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Oscars 2025: Full List of Winners from the 97th Academy Awards