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    Sales Tax Assistant Commissioner arrested for demanding bribe of Rs 8 lakh
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    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
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August 11, 2026
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GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
August 11, 2026
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Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
August 11, 2026
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Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
August 11, 2026
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Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
August 11, 2026
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Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
August 11, 2026
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MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
August 11, 2026
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Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
August 11, 2026
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Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
August 11, 2026
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Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
August 11, 2026
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Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
August 11, 2026
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Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
August 11, 2026
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Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
August 11, 2026
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Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
August 11, 2026
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Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
August 11, 2026
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Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
August 10, 2026
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GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
August 10, 2026
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Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
August 10, 2026
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Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
August 10, 2026
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Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
August 10, 2026
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High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.

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HIGHLIGHTS

August 26, 2025

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New Delhi, Aug 26 (PTI) Following are the top stories at 5.15 pm: NATION BOM30 GJ-MODI-3RD LD MARUTI

Swadeshi should be everyone's life mantra: PM Modi Ahmedabad: Prime Minister Narendra Modi on Tuesday said swadeshi should be everyone's life mantra, noting his government's 'Make in India' initiative has created a favourable environment for both global and domestic manufacturers.

DEL37 JK-RAINS-LD JAMMU

Torrential rains wreak havoc in Jammu, three dead Jammu: Three persons were killed and over two dozen houses and bridges were damaged as heavy rains pounded Jammu, where almost all water bodies are flowing above danger mark, submerging a number of low-lying areas and roads in the city and elsewhere, officials said.

MDS39 DEF-AP-2ND LD SHIPS

Rajnath commissions multi-mission stealth frigates at Vizag Visakhapatnam (Andhra Pradesh): Defence Minister Rajnath Singh on Tuesday commissioned two multi-mission stealth frigates, INS Udaygiri and INS Himgiri, here at the Eastern Naval Command of the Indian Navy.

DEL53 JK-LD LANDSLIDE

J-K: Six injured as landslide hits Mata Vaishno Devi route Jammu: Relentless heavy rain led to a landslide on the route to the Mata Vaishno Devi shrine atop the Trikuta hill on Tuesday afternoon, injuring at least six people.

DEL34 RAHUL-BH-DISCUSSION

RSS' method is to make personal attacks, did so with Mahatma Gandhi as well: Rahul Gandhi Araria (Bihar): Congress leader Rahul Gandhi on Tuesday alleged that making personal attacks is the Rashtriya Swayamsevak Sangh's method of targeting anyone and it did so with Mahatma Gandhi as well.

DEL35 UP-VP-REDDY-2ND LD PC

People outside INDIA bloc alliance coming forward to help: Oppn VP Lucknow: Opposition's vice presidential candidate B Sudershan Reddy on Tuesday said he was grateful that those who are not in the INDIA bloc are also coming forward to help him.

DES31 JK-NETWORK-OUTAGE

Call, mobile internet outage across all service providers in J-K amid heavy rains Srinagar: Network outages were reported across all service providers in Jammu and Kashmir on Tuesday due to damage to optical fibres at multiple places amid heavy rainfall, officials said.

DEL57 MEA-PM-VISIT-LD-MISRI

India expects condemnation of cross-border terrorism by upcoming SCO summit in China New Delhi: India on Tuesday said it expects the Shanghai Cooperation Organisation (SCO) to strongly condemn cross-border terrorism at its annual summit in the Chinese city of Tianjin next week, comments that came ahead of Prime Minister Narendra Modi's visit to China.

BOM32 MP-WOMEN-LIQUOR-PATWARI

Women in MP drink alcohol and consume drugs more than anywhere in country: Cong leader Patwari Bhopal: Madhya Pradesh Congress president Jitu Patwari has kicked up a huge political storm by claiming that women and Ladli Behnas in the state consume more alcohol and drugs than anywhere else in the country, triggering demands for his ouster from the post.

DEL40 BJP-WOMEN-CONG

Jitu Patwari's remarks reflect Cong's 'anti-women' mindset: BJP New Delhi: The BJP said on Tuesday that the remark of Madhya Pradesh Congress president Jitu Patwari that women in the state consume more liquor than others has exposed the opposition's "anti-women" mindset.

BOM29 MH-JARANGE-LD CM AIDE

No breakthrough in Jarange-CM aide meeting; 'Marathas will travel to Mumbai if not granted quota' Chhatrapati Sambhajinagar: The Maharashtra government's bid to dissuade Manoj Jarange from demonstrating in Mumbai seems to have failed, with the Maratha quota activist declining the request of Chief Minister Devendra Fadnavis' OSD to postpone the stir in view of the Ganesh festival.

MDS36 KA-RSS-2ND LD SHIVAKUMAR

Sorry, says Shivakumar on RSS anthem row, rules out party pressure Bengaluru: Apparently stung by criticism from within the party over the RSS anthem row, Karnataka Deputy Chief Minister D K Shivakumar on Tuesday offered to apologise over the incident, but claimed he meant to target the BJP by singing the prayer song in the Assembly.

BUSINESS DEL47 BIZ-LD SUZUKI-INVESTMENT

Suzuki Motor to invest Rs 70,000 cr in India over next 5-6 years: Toshihiro Suzuki Hansalpur (Gujarat): Japanese automaker Suzuki Motor Corporation will invest Rs 70,000 crore in the next five to six years in India to strengthen its operations in the country, its Representative Director and President Toshihiro Suzuki said on Tuesday.

LEGAL LGD6 SC-ASSENT-BILLS

Court can’t accord assent to bills, only guv and Prez can: Maharashtra to SC New Delhi: The Maharashtra government on Tuesday argued in the Supreme Court that courts couldn't accord assent to bills passed by state assemblies as the power vested only in governors or President.

FOREIGN FGN25 US-2NDLD-INDIA-TARIFF

Indian goods to face 50pc tariff in US from Aug 27; exports of USD 48 bn to be hit Washington/New Delhi: The United States has issued a draft notice detailing plans to implement an additional 25 per cent tariff on Indian products from August 27, impacting more than USD 48 billion worth of India's exports to the US.

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