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September 1, 2026
Show AI Summary
GST revenue collections show higher gross and net receipts alongside increased refunds and state-level settlement data.
GST revenue collections for August 2026 recorded total gross GST revenue of Rs. 1,99,853 crore, reflecting 14.8% growth over August 2025. Total refunds were Rs. 31,795 crore, including domestic refunds and export IGST refunds processed through ICEGATE. After adjustment of refunds, total net GST revenue was Rs. 1,68,057 crore, representing 8.3% growth. SGST collections and the SGST component of IGST settlement were separately identified for States and Union Territories, with post-settlement SGST aggregating Rs. 95,531 crore.
September 1, 2026
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Trade facilitation and customs preparedness feature in AILBIEA's Silver Jubilee knowledge conference on liquid bulk commerce.
AILBIEA's Silver Jubilee programme focuses on trade facilitation, customs modernisation, GST dispute preparedness and maritime-risk issues affecting liquid bulk trade. The Knowledge Conference includes sessions on the Authorised Economic Operator advantage, next-generation customs technology, GST Appellate Tribunal-era dispute preparedness, and geopolitical risks to sea-borne trade. It also marks the launch of AGS 360, integrating port information, vessel tracking, port-call estimates and maritime intelligence.
September 1, 2026
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Personal guarantor insolvency: repayment plan stayed pending majority determination, with restraint on direct or indirect asset alienation.
Personal-guarantee insolvency proceedings involve a stay on implementation of a repayment plan because the earlier members' views did not produce a clear majority capable of taking effect. The personal guarantor has been restrained from directly or indirectly alienating assets pending further hearing. The dispute follows split views on approval of the plan, claim admission and voting, followed by a third-member opinion that did not resolve the absence of a determinative majority. Creditors dispute the proposed recovery, claim treatment and declared net worth relevant to the guarantees.
September 1, 2026
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Rupee exchange-rate movement reflects portfolio inflows, growth data and possible central-bank support, while crude oil prices constrain gains.
Foreign-exchange market conditions strengthened the rupee by 28 paise to 94.94 against the US dollar, supported by domestic growth, controlled fiscal slippage and portfolio inflows. Possible Reserve Bank of India intervention was also identified as supportive. Higher crude oil prices, weak domestic equities and hawkish US monetary-policy signals were identified as constraints on further appreciation. Foreign investment flows, stronger-than-expected domestic growth and the fiscal-deficit position remained material factors affecting currency conditions.
September 1, 2026
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Money-laundering probe into public service recruitment irregularities examines alleged question-paper leaks, selection manipulation, and laundering through purported CSR donations.
Money-laundering investigation under the Prevention of Money Laundering Act concerns alleged irregularities in Public Service Commission recruitment examinations. Allegations include question-paper leaks, manipulation of candidate selection, and illegal gratification for securing appointments of relatives and favoured candidates. Recruitment rules were allegedly amended to facilitate selection of relatives. Alleged proceeds of crime were collected in cash and routed through layered banking transactions, including through a family-controlled samiti presented as receiving corporate social responsibility donations for a non-existent college.
September 1, 2026
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Personal guarantor settlement scrutiny intensifies as asset alienation is restrained pending review of a disputed creditor repayment proposal.
A five-member special bench found that no clear majority view existed under section 419(5) of the Companies Act and stayed the third member's order that had permitted the proposed recovery. Notices were directed to all parties, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. The dispute concerns approval of a personal guarantor's repayment proposal, treatment of guarantee claims, creditor voting support, assessment of the personal estate, and scrutiny of declared net worth.
September 1, 2026
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Personal insolvency proceedings restrict property alienation while notices issue to parties in the debtor's case.
A five-member special National Company Law Tribunal bench hearing Subhash Chandra's personal insolvency matter issued notices to all parties and restrained him from alienating property directly or indirectly. The restraint applies during the continuing insolvency proceedings and concerns dealings with the relevant property. The procedural measure requires the interested parties to participate in the matter.
September 1, 2026
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Aadhaar authentication alternatives enable eligible farmers with failed fingerprint verification to access loan-waiver benefits after identity verification.
Elderly farmers whose fingerprints cannot be captured for Aadhaar authentication may approach an Aaple Sarkar Seva Kendra with their Aadhaar card and bank passbook. Loan-account details are verified on the scheme portal before authentication is initiated. If authentication fails, the concerned tehsildar verifies identity using the Aadhaar card, bank passbook and 7/12 land record extract. Eligible farmers receive loan-waiver benefits directly in their bank accounts after authentication, identity verification and satisfaction of the scheme's eligibility criteria.
September 1, 2026
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GST collection growth reflected higher domestic and import revenue, while increased refunds moderated net collections during August.
GST collections recorded year-on-year growth in August, with gross receipts reaching about Rs 2 lakh crore. Domestic transaction revenue increased to over Rs 1.37 lakh crore, while import-related revenue rose to Rs 62,604 crore. Refunds increased to Rs 31,795 crore, and net GST collections stood at Rs 1.68 lakh crore after refunds.
September 1, 2026
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Personal insolvency repayment plan faces fresh hearing after a split bench prevents enforcement and restrains guarantor property transfers.
Personal insolvency proceedings were reopened before a five-member special bench after a split view on a repayment plan. As no majority view existed, including that of the third member, no final order was in force and the repayment-plan determination could not be acted upon. Notices were issued to all parties, including dissenting creditors, and the guarantor was restrained from directly or indirectly alienating property pending further consideration. Dissenting creditors also challenged the repayment-plan determination before the appellate tribunal.
September 1, 2026
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Equity market sentiment weakens as higher crude prices, geopolitical tensions and tighter monetary policy expectations curb risk appetite.
Equity-market sentiment weakened as higher crude oil prices, renewed US-Iran tensions, and expectations of prolonged tight US monetary policy reduced emerging-market risk appetite. The Sensex and Nifty declined, while domestic GDP growth above projections offered partial support. Weakness in several Asian markets, a lower US market close, and net foreign institutional equity sales reinforced cautious trading conditions.
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
Show AI Summary
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
Show AI Summary
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
Show AI Summary
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.

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November 12, 2025

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New Delhi, Nov 12 (PTI) Following are the top stories at 9 PM NATION DEL48 DL-2NDLD BLAST (5.00 PM)

Arrested doctor recced Red Fort many times in Jan; key suspects went to Turkiye, say sources New Delhi: An analysis of dump data retrieved from the mobile phone of Dr Muzammil Ganaie, who was arrested after police busted a white-collar terror module recently, showed that he conducted multiple reconnaissances of the Red Fort area in January this year, officials said.

DEL16 NCR-BLAST-2NDLD UNIVERSITY (6.26 PM)

Al Falah University started out as engineering college in 1997, MBBS classes began in 2019 Faridabad: The Al Falah University, which has come under the scanner following the busting of a "white-collar terror module" and the blast near Red Fort, started out as an engineering college in 1997 in the Muslim-dominated Dhauj village of Haryana's Faridabad.

DEL77 BIHAR-LD EXIT POLLS (7.41 PM)

2 latest exit polls point to NDA win; Axis My India predicts RJD as single-largest party New Delhi: Two fresh exit polls on Wednesday pointed to an NDA victory in Bihar with Axis My India showing a clear edge for the ruling alliance and Today's Chanakya forecasting a big win for it over the Mahagathbandhan.

DEL70 DL-BLAST-PM-2NDLD HOSPITAL VISIT (7.15 PM)

Red Fort blast: PM Modi meets survivors, says those behind conspiracy to be brought to justice New Delhi: Prime Minister Narendra Modi visited the LNJP Hospital on Wednesday and met the survivors of the Red Fort blast, saying the perpetrators will be brought to justice.

DEL78 DHARMENDRA-LD ALL DISCHARGE (7.53 PM)

Dharmendra discharged from hospital, family opts for home treatment Mumbai: Veteran actor Dharmendra was discharged from the Breach Candy hospital on Wednesday morning and will continue his recovery at home, his family and doctor said amid intense speculation about his health.

DEL64 HR-BLAST-RED CAR (6.42 PM)

Red Fort blast: Red car suspected to be linked to accused seized in Faridabad Chandigarh: A red Ford EcoSport car suspected to be linked to the Delhi Red Fort blast case has been traced and seized in Faridabad district's Khandawali, police said.

DEL82 EC-BH-REPOLL (8.02 PM)

Bihar elections: No repoll recommended in Phase 2 also, says EC New Delhi: The Election Commission on Wednesday said no repoll has been recommended in any of the polling booths of 122 assembly seats in Bihar that went to elections in the second phase.

DEL80 JK-2NDLD RAIDS-JEI (7.49 PM)

J-K Police raids around 500 locations linked to banned organisations including JeI Srinagar: Police on Wednesday intensified its crackdown on the terror ecosystem in Kashmir, carrying out raids at around 500 locations linked to terrorist associates, and persons affiliated with banned organisations, including Jamaat-e-Islami (JeI), in the valley, officials said.

DEL72 PAR-LD COMMITTEE (7.16 PM)

BJP's Aparajita Sarangi to chair joint panel on bills to remove PM, CMs; 4 oppn MPs part of it New Delhi: BJP leader Aparajita Sarangi was on Wednesday appointed as chairperson of the Joint Committee of Parliament to examine bills to remove the prime minister, chief ministers and Union/state cabinet ministers, if they are arrested or detained for 30 days straight on serious charges.

DEL27 JK-LD BLASTS-PREACHER (2.39 PM)

J-K cops detain Haryana preacher in 'white collar' terror module case Srinagar: A preacher from Haryana who allegedly helped store explosives in his rented home near Faridabad’s Al Falah university was detained and brought to Srinagar early Wednesday, Jammu and Kashmir police officials said.

DEL40 BLAST-PARL PANEL (3.56 PM)

Red Fort blast issue raised in Parliamentary panel, Chairperson declines discussion: Source New Delhi: The issue of the blast near Red Fort was raised in a meeting of a Parliamentary Standing Committee on Home Affairs on Wednesday, but the Chairperson of the panel refused to discuss the matter, a source said.

DEL41 HEALTH-POLLUTION-ADVISORY (4 PM)

Centre issues updated advisory to states, UTs for tackling air pollution-related diseases New Delhi: The Centre has issued an updated advisory to all states and Union territories asking them to ensure chest clinics in government health facilities and medical colleges under its National Programme on Climate Change and Human Health (NPCCHH) to tackle air pollution-related diseases.

BOM15 MH-TECHIE-ATS-2NDLD PROBE (6.17 PM)

ATS searches premises in Thane and Pune over arrest of techie for 'terror' links Mumbai: The Maharashtra ATS has searched the premises of a teacher in Thane and another person in Pune in connection with the recent arrest of a software engineer for his alleged links with Al Qaeda and other banned outfits, officials said on Wednesday.

CAL36 AS-LD OPPOSITION (8.39 PM)

Opposition parties to contest Assam Assembly polls unitedly: Gaurav Guwahati: Making a pitch for a tough battle ahead against the ruling BJP-led alliance, Assam Congress president Gaurav Gogoi on Wednesday announced that at least eight opposition parties have decided to unitedly contest the state assembly elections due next year.

BUSINESS DEL79 BIZ-SEBI-LD DISCLOSURE (7.45 PM)

Sebi panel for sweeping reforms in disclosure, conflict of interest rules for chairman, senior officers New Delhi: A Sebi panel has proposed comprehensive reforms to bring in transparency by way of greater disclosure and a "zero-tolerance" culture to address conflict of interest with regard to top officials of the capital market regulator.

BUSINESS LGD7 SC-LAWYER-LD BAIL (12.24 PM)

SC orders immediate release of Delhi lawyer arrested by Haryana STF in murder case New Delhi: The Supreme Court on Wednesday ordered the immediate release of Delhi-based advocate Vikram Singh, who was arrested by the Special Task Force of Gurugram Police in connection with a murder case.

LGD10 SC-AIR POLLUTION (4.38 PM)

Air pollution: SC asks Punjab, Haryana to apprise about steps taken against stubble burning New Delhi: Taking note of stubble burning leading to further worsening of air quality levels in Delhi-NCR, the Supreme Court on Wednesday asked the Punjab and Haryana governments to apprise it about the action taken to control the situation.

LGD19 SC-ASSAM PROF-THREAT (RPT) (8.32 PM)

'You're a threat to young girls': SC to Assam prof arrested for anti-India, obscene online posts New Delhi: The Supreme Court on Wednesday came down heavily on a professor at a college in Assam arrested for making anti-India and obscene social media posts, and called him "a threat to young girls" and a "pervert" who should not be allowed to enter the educational institution.

LGD18 SC-ARAVALLI HILLS (7.10 PM)

SC reserves verdict on uniform definition of Aravalli Hills and Ranges, takes note of panel's report New Delhi: The Supreme Court on Wednesday reserved its verdict on the crucial issue of defining the Aravalli Hills and Ranges for ensuring environmental conservation, land use regulation, and mining activities in Delhi, Haryana, Rajasthan, and Gujarat.

LGD11 SC-APOLLO HOSPITAL (RPT) (5.52)

Indraprastha Apollo Hospital attended only 9-10 percent EWS OPD patients in 5 yrs: Delhi govt to SC New Delhi: The Delhi government on Wednesday told the Supreme Court that Indraprastha Apollo Hospital attended only 9-10 per cent outpatients and 7-9 per cent inpatients belonging to economically weaker sections (EWS) in the past five years in contravention to its lease agreement.

FOREIGN FGN38 LD PM-BHUTAN (5.05 PM)

India reaffirms unwavering support to Bhutan's 13th five-year-plan Thimphu: India on Wednesday reaffirmed its "unwavering" support to Bhutan's 13th five-year-plan as Prime Minister Narendra Modi held talks with former king Jigme Singye Wangchuck and joined Bhutanese leadership to attend the Kalachakra initiation ceremony, hosted as part of the Global Peace Prayer Festival.

FGN52 PREZ-BOTSWANA-2ND LD CHEETAH (7.25 PM)

India, Botswana announce Cheetah translocation pact; Prez Murmu says 'will take good care of them' Gaborone (Botswana): India and Botswana on Wednesday formally announced to translocate eight Cheetahs from the African nation during the state visit of President Droupadi Murmu.

FGN34 US-TRUMP-LD H1B (4.23 PM)

US has to bring in talent from around the world: President Trump on H-1B visa New York: In what is seen as a U-turn, US President Donald Trump appeared to defend the H-1B visa programme to bring talent from across the world, saying a foreign investor cannot pull people off an unemployment line, who haven't worked in five years, and start making missiles. By Yoshita Singh

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