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    ED raids in Chhattisgarh PSC 'scam' case; ex CM Baghel's PA raided
    ITR filing for AY27 touches record 7.8 cr
    DRI seizes over 42 kg foreign-origin gold worth more than RS. 65 crore in crackdown on gold smuggling
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    Subhash Chandra drops mention of Ambani allegations, shifts focus to settling Essel debt
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September 1, 2026
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Money laundering investigation triggers searches linked to alleged Public Service Commission irregularities, including premises of a former chief minister's assistant.
A money-laundering investigation under the Prevention of Money Laundering Act has led to searches at seven locations in Chhattisgarh in connection with alleged irregularities at the Chhattisgarh Public Service Commission. The search operation includes the premises of K. K. Chandrakar, personal assistant to former Chief Minister Bhupesh Baghel. The investigation remains at the search and inquiry stage.
September 1, 2026
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Income-tax return filing: non-audit business and professional taxpayers use applicable forms by prescribed due dates.
August 31, 2026 was the due date for taxpayers having business or professional income who were not subject to audit. Such non-audit taxpayers may use ITR-3, ITR-4, ITR-5 or ITR-7, as applicable. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, while ITR-4 is intended for small and medium taxpayers. ITR-5 applies to firms, limited liability partnerships and cooperative societies, and ITR-7 applies to trusts and charitable institutions.
September 1, 2026
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Gold smuggling enforcement targets transit abuse, concealed carriage, and border routes through coordinated seizures and arrests nationwide.
Intelligence-led enforcement against organised gold smuggling resulted in the seizure of over 42 kg of foreign-origin gold and around 10 kg of foreign-origin silver, collectively valued at more than Rs. 65 crore, and the arrest of 25 persons. Operations targeted networks using airport transit routes, airport personnel, land-border corridors, coastal routes, and domestic road transport. Gold was concealed in wax, compound, paste, raw-chain and bar forms, including through body concealment, internally secreted capsules, clothing, and specially created cavities.
September 1, 2026
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Predictive consumption-expenditure framework will use household survey data to support poverty estimation, consumption analysis, and economic planning.
MoSPI and Thapar Institute of Engineering & Technology have entered into a memorandum of understanding for a research study to develop a predictive and analytical framework for monthly consumption expenditure in India. The study will use Household Consumption Expenditure Survey data to estimate Monthly Per Capita Consumption Expenditure at national and state levels, analyse household consumption patterns, and generate evidence relevant to poverty estimation and broader economic planning.
August 31, 2026
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Personal insolvency repayment plans: conflicting views on binding dissenting creditors prompted reconsideration through an expanded adjudicatory bench.
National Company Law Tribunal constituted a five-member bench after conflicting views on a personal insolvency repayment plan left no majority position for a formal order. The central issue is whether creditor approval of the plan binds dissenting creditors and extinguishes their claims against the personal guarantor. One view preserved dissenting creditors' independent recovery rights, while another applied the creditor-approved plan uniformly to all creditors. Disagreement also concerns the Adjudicating Authority's power to examine the resolution professional's report of the creditors' meeting.
August 31, 2026
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Personal insolvency repayment plans raise unresolved questions on dissenting creditors' rights and uniform extinguishment of claims.
Personal insolvency proceedings were referred for fresh adjudication because no majority emerged on the repayment plan. The Technical Member rejected the plan; the Judicial Member confined it to consenting creditors while preserving dissentents' recovery rights; and the Third Member approved it with uniform extinguishment of all creditors' claims. The dispute concerns whether creditor approval under section 115(1) binds dissenting creditors, the effect of section 79(2)(g), and the Adjudicating Authority's power to examine the Resolution Professional's creditors' meeting report.
August 31, 2026
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Rupee exchange-rate support through suspected intervention and FCNR(B) inflows offset pressure from dollar strength and higher crude prices.
Rupee exchange-rate movement reflected a recovery from early losses to close stronger against the US dollar, amid market expectations of Reserve Bank of India support at lower trading levels. Pressure arose from higher US Treasury yields, possible US rate-hike expectations and a broad dollar rally. Suspected intervention, FCNR(B)-related foreign-currency flows and the special USD-INR forex swap facility supported sentiment, while rising crude prices, geopolitical supply risks and foreign institutional equity outflows remained adverse factors.
August 31, 2026
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Income-tax return filing for non-audit business and professional taxpayers closes at midnight, requiring use of applicable forms.
Income-tax return filing for Assessment Year 2026-27 reaches its due date on 31 August 2026 for taxpayers having business or professional income who are not subject to audit. Such taxpayers may file the applicable ITR-3, ITR-4, ITR-5 or ITR-7. ITR-3 applies to individuals and Hindu Undivided Families with proprietary business or professional income, ITR-4 to small and medium taxpayers, and ITR-5 to firms, limited liability partnerships and cooperative societies.
August 31, 2026
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Monthly fiscal accounts track receipt composition, expenditure allocation, tax devolution, interest payments, and major subsidy outgo through July.
Union Government monthly accounts through July 2026 record total receipts comprising net tax revenue, non-tax revenue and non-debt capital receipts, with tax devolution transferred to State Governments. Total expenditure is divided between revenue and capital expenditure. Revenue expenditure includes interest payments and major subsidies.
August 31, 2026
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Personal guarantor insolvency distinguishes guarantee liability from borrower debt while creditor voting challenges question repayment-plan approval.
Personal insolvency proceedings concerning personal guarantees distinguish a guarantor's liability from the underlying borrowing entities' debts. Claims against the guarantor arise from guarantees furnished for loans obtained by Essel Group-associated entities, while the borrowers' repayment obligations remain enforceable and creditors may pursue corporate assets and securities. Dissenting lenders have challenged the resolution-plan voting process, alleging that family-linked associates or related parties should have been excluded from committee of creditors voting.
August 31, 2026
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National accounts revisions align GDP and sectoral estimates with updated price, production and banking service indicators.
National Accounts Statistics-2026 incorporates updated Producer Price Index, Index of Industrial Production and Banking Services Price Index series with base year 2022-23 into annual and quarterly GDP estimates. The revised indicators expand coverage, update weights and improve price mapping for national-account activities. GDP and gross value added estimates from 2022-23 onwards are revised at current and constant prices, with sector-specific effects in mining and quarrying, manufacturing, trade services, general government and departmental enterprises. Supply and Use Tables for 2022-23 and 2023-24 are also updated.
August 31, 2026
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Trade facilitation and pharmaceutical market access advance through regulatory cooperation, preferential trade modernisation, and reciprocal agricultural access.
India and Brazil are advancing bilateral trade, investment and economic cooperation through a diversified partnership focused on pharmaceuticals, chemicals, engineering goods and machinery. India-MERCOSUR engagement is being pursued through early finalisation of Terms of Reference for expansion and modernisation of the Preferential Trade Agreement. Pharmaceutical market access is supported by regulatory cooperation under the CDSCO-ANVISA MoU. Agricultural trade facilitation includes phytosanitary processes, reciprocal market access work and mutual recognition of Electronic Certificates of Origin, alongside multilateral coordination through BRICS, the G20 and the WTO.
August 31, 2026
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Cross-border UPI merchant acceptance enables Indian travellers to make UZQR payments at merchants throughout Uzbekistan.
Cross-border UPI merchant acceptance in Uzbekistan allows Indian travellers to make instant person-to-merchant payments through UPI-enabled applications by scanning the interoperable UZQR code. Integration with the Unified National QR infrastructure extends acceptance across retail, hospitality and service merchants. Regulatory approvals support HUMO's role as NIPL's authorised partner for cross-border merchant acceptance, reducing reliance on international cards and cash.
August 31, 2026
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Mobile-first aviation education supports accessible, self-paced certification-led learning and career awareness across aviation roles and geographic locations.
Flymore Aviation LLP operates a mobile-first aviation learning platform intended to make specialised aviation education more accessible and affordable for aspiring pilots, cabin crew and other aviation-sector professionals. The app provides structured, self-paced aviation courses aimed at building industry knowledge, supporting certification-led skill development, improving career awareness and assisting employment readiness across aviation functions. Course delivery through a digital platform is positioned as an alternative to location-dependent and high-cost classroom training.
August 31, 2026
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Indigenous defence technology and exports anchor the annual performance review of public sector defence enterprises.
Annual performance review of 16 Defence Public Sector Undertakings is scheduled with emphasis on indigenous technology, innovation, self-reliance and enhancement of defence exports. Chairpersons and managing directors of seven specified undertakings will present dividends attributable to the Government's equity shareholding. Publications cover self-reliance, student awareness of defence technologies, and modernisation and indigenisation roadmaps. Reported performance includes growth in turnover, profit after tax and defence exports.
August 31, 2026
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Employee provident fund and gratuity dues remain protected outside the liquidation estate despite competing financial creditor claims in insolvency proceedings.
Employee provident fund and gratuity dues of former Jet Airways workmen and employees were required to be paid in full by the liquidator. The NCLAT position upheld treats statutory employee dues relating to provident fund, gratuity and pension funds as outside the liquidation estate, protecting them from competing creditor claims. Financial creditors had argued that such dues should be distributed through the liquidation estate unless dedicated funds existed at the commencement of liquidation. The underlying questions of law remain open for an appropriate case.
August 31, 2026
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Rupee exchange-rate support amid dollar strength and oil risks as foreign-currency deposit flows bolster market sentiment.
Foreign-exchange market conditions saw the rupee recover from early losses amid possible Reserve Bank of India intervention to contain significant depreciation. Higher US Treasury yields, a broader dollar rally, rising crude oil prices and geopolitical supply risks pressured the currency. The special USD-INR forex swap facility for FCNR(B) deposits, Overseas Foreign Currency Borrowings and External Commercial Borrowings mobilised foreign-exchange inflows supported by non-resident Indian participation, strengthening market sentiment.
August 31, 2026
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Financial confidence gaps persist when opaque financial journeys, dark patterns and unclear communication deter informed consumer participation.
Financial-service digitisation may expand access without ensuring consumer confidence where customers cannot understand processes, assess risks or feel secure in financial decisions. Opaque claims, redemptions, eligibility criteria and approval stages can weaken trust and discourage insurance, investment and credit participation. Hidden charges, complex documentation, forced bundling and target-driven sales practices may further impair informed choice. Greater transparency, simplified communications, real-time process visibility and AI-assisted guidance are identified as measures to reduce cognitive friction and strengthen consumer control.
August 31, 2026
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NBFC licensing enables Hyundai Capital India to begin wholesale dealer financing while preparing retail finance and risk-management infrastructure.
Hyundai Capital India has commenced financial services operations after obtaining a non-banking financial company licence from the Reserve Bank of India. Initial operations concentrate on wholesale financing for local automotive dealers. Operations are intended to expand the dealer-financing network, sales infrastructure and risk-management systems across India, supporting a subsequent phased introduction of retail financing for individual customers.
August 31, 2026
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Personal insolvency resolution approval faces criticism over low creditor recovery and alleged family-linked voting influence in the resolution process.
Personal insolvency resolution approval concerning Subhash Chandra involved a repayment plan of Rs 6.5 crore against admitted creditor claims exceeding Rs 22,000 crore. Objections were raised regarding the voting influence exercised by entities linked to the debtor's family in relation to the resolution process. Pinarayi Vijayan criticised the approval, alleging preferential treatment of powerful corporate interests.

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Customs & Trade

Singapore Funeral Service: Honoring Lives with Dignity and Compassion

October 3, 2025

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angbrothersfuneral.com.sg Introduction to Funeral Services in Singapore Funerals are one of the most important cultural and emotional occasions in life. They allow families and communities to remember the life of a loved one and offer comfort and another method to honor the deceased. Singapore’s funeral rites are as unique as the myriad of cultures and religions practiced in this densely populated island city. The need for a professional Singapore funeral service has increased as family members commonly desire advice and assistance in their orchestrating and organising farewell wishes to their loved one. The Role of a Funeral Service Provider A funeral chapel Funeral chapel via GIPHY A funeral chapel is a valuable partner in a whole host of decisions, but what are the services it offers when death has occurred? They help to arrange details including transportation, embalming, casket purchase, and arranging a memorial hall. ​ Their professionalism reduces time-consuming burdens for the families, so that they can concentrate on grieving and honoring the deceased. A reliable service provider will also ensure that sensitivity toward cultural and religious customs are not violated and this is particularly important in multi-racial Singapore. Cultural Diversity in Singapore Funeral Services Buddhism, Taoism, Christianity, Catholicism, Islam and Hinduism are also present in Singapore. There are funerary traditions and rites to observe in every religion. For instance, for those who are Buddhists and Taoists, usually there is chanting in their funeral, also for Christian and Catholic, they have prayer and singing of hymns. Muslim funerals are performed according to Islam and held soon after the death; Hindu funerals include cremation rituals. With so many permutations of ritual and religious preference it's impossible to keep the same format for every family we come into contact with and, as a consequence, a good Singapore funeral service needs to be able to be all things to all people just so that we are able to fulfil our commitment to family after family. The Importance of Rituals and Traditions What may seem purely ceremonial in death rituals can also have deep symbolic meaning for the family and the community. These customs provide individuals with an opportunity to resign to grieve, pay tribute, and honor the memory of the deceased. “These customs are meaningful to many families in Singapore, and they frequently depend on funeral service professionals for guidance to ensure that the customs are carried out properly. From sourcing monks or prelates to conduct the ceremonies, to obtaining the right offerings and setting up the altar, the service provider ensures that everything is in keeping with the family’s cultural expectations. Modernization of Funeral Services in Singapore Though traditions are still the pillar of funerals, there are new trends when it comes to services. These days a lot of families will opt to have a customised or more simplified ceremony that suits either the wishes of the deceased or the family themselves. Live-streaming of funerals has also caught on, enabling relatives abroad to participate as well. Personalized decorations, memorial videos and themed floral arrangements increasingly are requested, making the funeral a more individual and meaningful farewell. Singapore's professional funeral services industry has responded to these shifts by providing customised and flexible solutions. The Emotional Support Offered by Funeral Directors Funeral directors and their staff do much more than simply manage logistics: They also offer emotional support. Whether you need time and space to grieve after losing a loved one or are dealing with the grief that comes with a traumatic experience, dealing with grief is an extremely heavy burden. They walk families through every step of the process, teaching them about rituals, helping them with paperwork and answering their questions patiently. Their very presence is a comfort to mourners who know they’re not alone during times of grief. Planning Ahead with Pre-Funeral Arrangements Pre-funeral planning as a means of lightening the load for loved ones is starting to catch on with more people in Singapore. Prearranging gives people an opportunity to make their service exactly what they want to have (kind of service, rituals, even financial). Through engaging a Singapore funeral service provider ahead of time, the bereaved families can rest easy knowing that their last wish will come true and not getting confused at a time of grief. It saves the individual as well as their close ones from the fear of the unknown. The Practical Aspects of a Funeral Service Rituals aside, funerals entail a lot of practical work. This includes, but is not limited to, the transporting of the remains, embalming & preparation, helping choose a casket or urn, preparing flowers and coordinating with the burial ground and crematorium. In Singapore, land is scarce and many families also grapple with the issue of whether to bury or cremate. That's where an experienced funeral service takes the reins--not only will they guide you through the process and make a difficult time easier, but will assist you with the mandate and all related documents in a sensitive and professional manner. The Rising Costs of Funerals in Singapore Funeral expenses are also a factor. Prices vary greatly depending on the type of service, the number of days the wake lasts, and the type of casket or other personalized requests. While some families may see a value in simplicity and frugality, others may look for grand functions. But pros are forthright with their pricing and all of them offer packages that will suit a range of budgets. Affordable rates must not sacrifice dignity, which is why families depend on the care of long-time providers offering services at the right cost. How Funeral Services Bring Closure Grief is a process, and the funeral is a crucial part of that process. It affords families and friends an organised way to say goodbye, to express their sorrow and start on the road to recovery. An efficient funeral service gives families and friends the opportunity to grieve the loss of a loved-one, without having to worry about the details. Why Choose Professional Funeral Services in Singapore Some families try to do it themselves, but the expertise and professionalism of a funeral home can really bring a sense of peace. They are bringing with them expertise in cultural customs, organizational operations and on-the-ground logistics. But, most importantly, they are also supportive in a situation full of feelings. Opting for a reputable Singapore funeral service means that the final farewell is done with respect, dignity and attention which gives the family long term comfort/ peace of mind to face the future. Conclusion: Finding Comfort in Compassionate Services A funeral is not a ceremony, it is a last act of love, respect and remembrance to someone you loved. In a multi-racial society such as Singapore, being accustomed to private rituals while attuned to contemporary needs are qualities that many families require. Professional providers will ensure that all aspects of the service are performed with the utmost dignity, sensitivity, and respect, providing families with peace of mind during a challenging time. For those in search of a reliable and supportive service angbrothersfuneral.com.sg is a leading funeral services provider in Singapore that focuses on delivering high quality services, coupled with the local culture of caring and professional service. (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI

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