The new law removes redundant provisions and archaic language and reduces the number of sections from 819 in the Income Tax Act of 1961 to 536 and the number of chapters from 47 to 23.
Interim action under IT Act highlights urgency to regulate gaming before new framework kicks in.
Justice M Nagaprasanna says freedom of speech is subject to reasonable limits; social media cannot be left “anarchic.”
The Act paves way for a simplified and modernised tax regime from April 2026.
Over the past few weeks, many crypto investors received income tax notices for non-payment of taxes on peer-to-peer (P2P) trades through foreign exchanges. A Binance spokesperson told Moneycontrol that the exchange has been closely monitoring and reporting suspicious trades to FIU-Ind.
Solicitor General of India Tushar Mehta, appearing for the government, said that all intermediaries operating in India must follow local regulations
The CBDT has begun the work of redoing all forms, the rule book will be simplified, redundancies done away with.
The income tax review committee is to looking to finalise and submit all the 23 reports by mid-December
Including IREDA and HUDCO under Section 54EC of I-T Act would allow tax exemptions for investors on capital gains by investing in designated bonds
The power to delete such surveillance information, including electronic records, procured through interception, monitoring and decryption was earlier limited 10 security agencies.
Today in AI: Govt flags six areas where social media intermediaries are yet to fully comply with IT Rules 2021
Rajeev Chandrasekhar also said that the much awaited Digital India Act is unlikely to be tabled for legislation before the 2024 general elections
The viral video from Muzaffarnagar in Uttar Pradesh showed a teacher showering communal remarks on a seven-year-old Muslim student and goading his classmates to thrash him
The government held its first consultation on the framework that the Bill should have on March 9 in Bengaluru, and two more will be held.
As many as 94 digital lending platforms, including Kissht and PayU-backed Lazypay, were spiked after blocking orders were issued on an 'urgent' and 'emergency' basis under Section 69A of the Information Technology Act 2000.
NASSCOM said that if state government laws such as stamp duty and registration charges are also amended, it will now be possible to make all property transactions paperless.
For users, these amendments provide a separate platform where they can appeal content moderation decisions of digital intermediaries, ranging from Facebook to an e-commerce company like Amazon
Under the annulled section, a person posting offensive content could be imprisoned for up to three years and also fined.
If we want to see a prosperous digital India, like the government wishes us to be, we need to have a widespread crackdown on digital fraud.
India is a democracy. Tech corporations are anything but, and they may do well to examine their own motivations before calling into question the decisions of states, especially those navigating the changeable waters of a profoundly diverse nation such as India
The man used names of several online shopping websites to dupe the victims
When the group chats came to light and were shared widely on social media, many joined the outrage against the rape culture which was being propagated as well as normalised by the group.
If and when rolled out, authorities would need a court order before directing any social media platform to trace the media content to the source
The government argues that the surveillance it proposes is required to fight the use of social media for terrorism, anti-national activities, pornography, spreading of fake news and other negative tendencies. However, should this be at the cost of individual privacy of every Indian?
As per a tweet by Finance minister Nirmala Sitharaman, minor procedural violations will not lead to severe consequences for honest taxpayers.