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    Net direct tax collection grows 23 pc to Rs 8.11 lakh cr so far this fiscal
    National Accreditation Board for Testing and Calibration Laboratories Launches India’s First Accreditation Scheme for Mobile Food Testing Laboratori...
    Commerce and Industry Minister Shri Piyush Goyal awards top buyers and sellers on GEM platform at the 10th Anniversary celebrations of GEM
    PolicyBazaar working with partners to fast-track Assam flood insurance claims
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    Parliament passes The Bankers' Books Evidence Bill, 2026
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    August 11, 2026
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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
    Show AI Summary
    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.
    August 10, 2026
    Show AI Summary
    MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
    Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
    August 10, 2026
    Show AI Summary
    Employee data exposure alerts trigger review of alleged password spraying and MFA fatigue, with customer and operational systems unaffected.
    Employee data exposure alerts prompted TCS to review allegations concerning limited basic employee information that appears to be more than four years old. No indication exists that customer data, customer systems, or operational systems have been affected. The alleged vectors involve password spraying and multi-factor authentication fatigue. TCS states that safeguards against these techniques have been in place for more than two years, its controls remain effective, and monitoring and further assessment will continue.
    August 10, 2026
    Show AI Summary
    Mustard honey export demonstrates FPO-led aggregation, quality-focused production and industry collaboration for international agricultural market access.
    Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
    August 10, 2026
    Show AI Summary
    Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
    The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
    August 10, 2026
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    Illicit opioid medicine exports exposed through concealed cargo, clandestine manufacturing, repacking, and attempted transnational trafficking to Nigeria.
    Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
    August 10, 2026
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    Summons compliance under anti-money-laundering law faces appellate scrutiny after acquittal over unproven email service allegations.
    Delhi High Court required Arvind Kejriwal to reply to Enforcement Directorate petitions challenging his acquittal in proceedings concerning alleged non-compliance with summonses. The trial court found that the agency had not proved intentional disobedience, service of summons through email, or lawful issuance of electronic summons under the Prevention of Money Laundering Act. The appellate challenge concerns proof of service, validity of electronic summons, and intentional non-compliance.

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      Chile's leftist candidate concedes defeat to ultra-conservative Kast in presidential runoff

      December 15, 2025

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      Santiago, Dec 15 (AP) The candidate of Chile's left-wing governing coalition, communist Jeannette Jara, conceded defeat on Sunday after early presidential results showed a strong lead for ultra-conservative Jose Antonio Kast, as voters opted for change following years of rising fears over heightened crime and immigration.

      According to preliminary results with 83 per cent of the vote counted, Kast won 58 per cent of the vote, with Jara, a former labour minister in President Gabriel Boric's left-wing government, getting 41 per cent, making it clear she was on course to lose to her right-wing rival.

      On social media, Jara said she called Kast to congratulate him on his successful campaign.

      “To those who supported us and were rallied by our candidacy, rest assured that we will continue working to advance a better life in our homeland,” she wrote. “Together and standing tall, as we have always done.” As Chileans voted on Sunday, even detractors of ultra-conservative former lawmaker Jose Antonio Kast said the candidate whose radical ideas lost him the past two elections was likely to become the country's next leader.

      Kast's commanding lead in the polls over his rival in the presidential runoff, communist Jeannette Jara, shows how the hard-liner agitating for mass deportations of immigrants has seized the mantle of the traditional right in a country that once defined its post-dictatorship democratic revival with a vow to contain such political forces.

      Vowing a harsh security crackdown to address heightened fears about uncontrolled immigration and crime, Kast's popularity has surged in recent months.

      “Just because he's the most right-wing we've seen in decades doesn't mean that it's a dictatorship, that's what the left wants you to believe,” said Juan Beltran, 68, a taxi driver who voted for Kast in hopes he stops the frequent violent carjackings that make him scared to go to work each day. “It means that he'll have an iron fist, and take action like others haven't." While casting his ballot on Sunday, Kast demonstrated respect for Chile's democratic institutions.

      “Chile has a tradition, and I am very clear that whoever wins, whether Jeannette Jara or me, will have to be president of all Chileans,” he told the hundreds of supporters thronging him.

      Many voters are frustrated with the options ----------------------------------------------- But much is also up for grabs about Chile's political direction.

      If Kast ends up winning, his claim to a popular mandate will depend on his margin of victory over Jara, the center-left governing party candidate who narrowly beat him in the first round of elections last month.

      Although various right-wing parties won around 70 per cent of the vote in that election and later endorsed Kast, substantial support for Franco Parisi — a populist centre-right candidate who described himself as an alternative to Kast's “fascism” — revealed that, between the contrasting ideologies of the front-runners, sit hundreds of thousands of centrist voters with no real representation. Many Kast and Jara voters said they were picking the “least bad option.” “Neither candidate convinced me, I wanted someone moderate with a clear plan and better political credentials,” said Carol Mesa, 54, emerging from a polling station in Santiago, Chile's capital, where she said she reluctantly voted for Kast after supporting a centre-right candidate eliminated in the first round of elections.

      “The polarization in our society scares me. It's at a level that I haven't seen in a very long time." Kast raises expectations but reality is a different story --------------------------------------------------------- Even if elected, it remains uncertain whether Kast, an admirer of US President Donald Trump, can implement his more grandiose promises.

      That includes slashing USD 6 billion in public spending over just 18 months without eliminating social benefits, deporting over 300,000 immigrants in Chile who don't have legal status and expanding the powers of the army to fight organised crime in a country still haunted by Gen Augusto Pinochet's military dictatorship from 1973 to 1990.

      For one, Kast's far-right Republican Party lacks a majority in Congress, meaning that he'll need to negotiate with moderate right-wing forces that could bristle at those proposals. Political compromises could temper Kast's radicalism, but also jeopardise his position with voters who expect him to deliver quickly on his law-and-order promises.

      At each rally, Kast has taken to ticking off the number of days remaining until Chile's March 11 presidential inauguration, warning immigrants without papers that they should get out before they "have to leave with just the clothes on their backs.” Jorge Rubio, 63, a Chilean banker in Santiago said he and like-minded Chileans are “also counting down the days," adding, “That's why we're voting for Kast." Boric's left-wing government is under fire -------------------------------------------- As the pandemic shuttered borders, transnational criminal organisations like Venezuela's Tren de Aragua took over migrant smuggling networks to gain a foothold in Chile, long considered among Latin America's safest countries. Homicides hit a record high in 2022, the first year of President Gabriel Boric's tenure.

      Boric's approval rating plunged from 50 per cent to 30 per cent within just months of him taking office, and never fully recovered.

      Kast insists that Boric's government is too soft on immigration, which the far-right politician argues is the main cause of crime. The data does not necessarily support his narrative. But relentless tabloid and television coverage does, Chileans say.

      “Unlike this government, Kast understands that migration means insecurity,” said Manuel Troncoso, 54, after voting at a high school down the street from President Boric's home. “You see in the news how the people committing the worst crimes come from other countries.” Others say that while Boric failed to fulfil his flagship promise to transform Chile's market-led economy, the firebrand former student protest leader elected in 2021 succeed in refocusing his agenda to address the country's security crisis. He sent the military to reinforce Chile's northern border, stiffened penalties for organised crime and created the first public security ministry.

      “I actually thought this government would be worse. I have to admit it has improved security,” said Mariano Jara, 55, emerging from a polling station.

      He said he voted for Kast because "there's always more that can be done. There's room to get tougher.” Chile's homicide rate has actually fallen in the last two years, and is now on par with the rate in the United States. But that hasn't changed citizens' widespread feeling of insecurity.

      According to a recent Gallup survey, just 39 per cent of people feel safe walking alone at night. That's about the same in Ecuador, which is now in the midst of a violent, drug-driven crime wave.

      Crime and migration overshadow all other concerns ------------------------------------------------------- As Boric's former minister of labour, Jara became popular as the architect of the administration's most important welfare measures.

      As she voted in her family's working-class neighbourhood of Conchali, supporters shouted out her accomplishments, including shortening the workweek to 40 hours, increasing the minimum wage and overhauling the pension system. “Forty hours!” they chanted.

      But those accomplishments haven't won Jara new supporters. Many centrists are put off by her lifelong membership in Chile's Communist Party.

      To woo security-minded voters, Jara has vowed to reinforce borders, register undocumented migrants and tackle money laundering.

      “To me, she represents continuity, and Kast represents Trump,” said Maria Rojo, 71, waving at Jara as she drove off from the polling station. “Of course, that's why I support her. I know others feel the opposite.” Learning from his previous two failed presidential runs, Kast, a devout Catholic and father of nine, has managed to avoid topics that fire up his critics — such as his German-born father's Nazi past, nostalgia for Pinochet's dictatorship and opposition to same-sex marriage and abortion.

      His supporters now include many Chileans who previously spurned him over deeply conservative values. They say they're willing to trade abstract human rights concerns for increased safety on the streets.

      “It's not very nice to hear that he's going to separate immigrant children from their parents, it's sad,” said Natacha Feliz, a 27-year-old immigrant from the Dominican Republic, referring to a recent interview in which Kast warned that immigrant parents without legal status who didn't self-deport would be obliged to hand their kids over to the state.

      “But this is happening everywhere, not just in Chile," she said. "Let's just hope that our security situation improves." (AP) MPL MPL

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