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Explainer: Simplified Income Tax Act 2025 to come into force from April 1

Explainer: Simplified Income Tax Act 2025 to come into force from April 1

by AIP Online Bureau | Jan 11, 2026 | Data, Eco/Invest/Demography, Policy

The 2025 I-T law is revenue neutral with no change in tax rates. It has only made direct tax laws simple to understand, removed ambiguities thus reducing scope for litigations. It reduces text volume and sections by about 50 per cent vis-a-vis the 1961 income tax act....

Nifty gives 10.51 pc annual return in 2025: Report

by AIP Online Bureau | Jan 10, 2026 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The data compiled by latest Global Market Snapshot report by Motilal Oswal Mutual Fund showed that while short-term market movement was mixed, select sectors such as metals and automobiles continued to outperform over longer periods Mumbai: The Nifty delivered a...
Consider govt employee’s plea to include live-in partner in family pension: Delhi HC to Centre

Consider govt employee’s plea to include live-in partner in family pension: Delhi HC to Centre

by AIP Online Bureau | Jan 10, 2026 | Indian News, Pension & Social Security

A bench of Justices Navin Chawla and Madhu Jain held that the petitioner government employee never concealed his relationship, and treating his efforts to include the names of his partner and children as his family as “grave misconduct” to deny...
“Aircraft lost balance after sudden pressure drop”: Odisha Transport Minister on Rourkela crash

“Aircraft lost balance after sudden pressure drop”: Odisha Transport Minister on Rourkela crash

by AIP Online Bureau | Jan 10, 2026 | Indian News, Regulation, Technology

The minister further stated that the aircraft, carrying passengers including the pilot, reportedly experienced a sudden drop in pressure and lost balance while flying at a relatively low altitude, leading to the crash. Six persons, including two crew members and four...
ICICI Lombard’s official accidently posts financial results of Dec quarter in WhatsApp

ICICI Lombard’s official accidently posts financial results of Dec quarter in WhatsApp

by AIP Online Bureau | Jan 10, 2026 | Indian News, Non-Life, Regulation

“Though this information is in draft form and subject to changes during the ongoing audit, as a precautionary measure and in compliance with good corporate governance practices, the Company is reporting this incident to the Stock Exchanges,” the statement...
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