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    February 8, 2026
    PM Modi holds talks with Malaysian counterpart Anwar Ibrahim
    February 8, 2026
    Kim expected to issue major policy goals at North Korea party congress in late February
    February 8, 2026
    Japanese Prime Minister Sanae Takaichi hopes for big win as polls open in national elections
    February 8, 2026
    No clarity on whether India will stop buying Russian crude oil
    February 8, 2026
    Multi-state investment scam using WhatsApp groups busted, 12 arrested: UP Police
    February 7, 2026
    Two rice company promoters declared fugitive economic offenders in bank fraud case
    February 7, 2026
    Haryana playing leading role in milk production: Union Minister Rajiv Ranjan
    February 7, 2026
    HP govt earns Rs 26,683 cr in 3 years from its own resources: CM Sukhu
    February 7, 2026
    USTR's India map draws attention as Delhi, Washington announce trade pact
    February 7, 2026
    New budget reflects confidence and maturity of the economy: Union Minister Puri
    February 7, 2026
    Zetwerk Electronics launches Manufacturing Excellence facility in Bengaluru
    February 7, 2026
    Union Budget 2026-27 to open new doors for Odisha's development: Pradhan
    February 7, 2026
    Anand Sharma slams minister Piyush Goyal over criticism of UPA trade pacts, seeks apology
    February 7, 2026
    Global engagement inevitable but should not be driven by pressure, tariffs: Bhagwat
    February 7, 2026
    BJP gave ''zero'' to TN in Union Budget, people must give back 'zero' to them in polls: Stalin
    February 7, 2026
    Global engagement inevitable but should be done without pressure, not be tariff-driven: Bhagwat
    February 7, 2026
    West Bengal Assembly passes Appropriation Bill after heated debate
    February 7, 2026
    Union Budget reflects govt's commitment towards villages, farmers: Rao Narbir Singh
    February 7, 2026
    Siddaramaiah launches software, mobile app developed to facilitate chit transactions
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February 8, 2026
PM Modi holds talks with Malaysian counterpart Anwar Ibrahim
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India-Malaysia talks to deepen defence and security ties and expand economic and semiconductor cooperation.
Prime Ministerial talks prioritized deepening defence and security cooperation and expanding economic and innovation ties, with expected bilateral agreements including semiconductor cooperation, building on the elevation to a comprehensive strategic partnership and aiming to operationalise strategic alignment across defence, security, economic engagement and technology collaboration.
February 8, 2026
Kim expected to issue major policy goals at North Korea party congress in late February
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North Korea's party congress will push nuclear and military expansion alongside economic self-sustenance and closer ties with Russia and China.
North Korea's late-February Workers' Party congress will outline five-year domestic and foreign policy priorities, emphasizing accelerated nuclear and missile development, upgrades to conventional forces and their integration with nuclear capabilities, and policies of mass mobilization and economic self-sustenance. The congress will also signal closer alignments with Moscow and Beijing, a tougher posture toward South Korea, and a rejection of U.S. preconditions for denuclearization.
February 8, 2026
Japanese Prime Minister Sanae Takaichi hopes for big win as polls open in national elections
Show AI Summary
Japanese national elections: Takaichi seeks majority to push conservative security, immigration, and defence reforms agenda.
Prime Minister Sanae Takaichi seeks a lower-house majority via a coalition with the Japan Innovation Party to implement a conservative agenda that would revise security and defence policies to expand offensive capabilities, lift the weapons-export ban, and increase defence spending, while imposing tougher immigration, foreign property, and anti-espionage measures; she has pledged to resign if the coalition fails to win a majority.
February 8, 2026
No clarity on whether India will stop buying Russian crude oil
Show AI Summary
India's Russian oil purchases unclear after US lifted tariffs tied to a pledge to halt imports.
An executive order revoked an additional tariff in exchange for India's commitment to stop importing Russian crude and to buy U.S. energy; it contemplates recommending the reimposition of duties if the Secretary of Commerce finds India has resumed such imports. India has not confirmed the commitment, instead emphasising energy security and diversification driven by market conditions, and noting a recent fall in Russian oil procurement.
February 8, 2026
Multi-state investment scam using WhatsApp groups busted, 12 arrested: UP Police
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Multi-state WhatsApp investment scam busted, 12 arrested; alleged Rs500 crore fraud averted, assistance sought from international agencies.
Police dismantled a nationwide WhatsApp-based investment racket, arresting 12 suspects and identifying about 600 groups after a complaint; authorities recovered Rs 5.64 lakh for the reporting victim, warned over 500 group members to prevent wider losses, and say actions averted an estimated Rs 500 crore fraud affecting more than 1.5 lakh people. The accused have been charged under relevant provisions of the BNS and the Information Technology Act, and investigators are seeking CBI and Interpol assistance to trace alleged masterminds abroad.
February 7, 2026
Two rice company promoters declared fugitive economic offenders in bank fraud case
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Rice company promoters declared fugitive economic offenders; assets worth Rs 123 crore confiscated in alleged Rs 1,200 crore bank fraud.
Two promoters of a Delhi-based rice company were declared fugitive economic offenders under Section 10 of the Fugitive Economic Offenders Act, 2018 after allegedly leaving India to evade prosecution in a Rs 1,201.85 crore bank loan fraud; the court directed confiscation of assets valued at Rs 123 crore in the ongoing money laundering investigation arising from a 2020 criminal complaint and subsequent proceedings.
February 7, 2026
Haryana playing leading role in milk production: Union Minister Rajiv Ranjan
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Haryana milk production leading nationally; call to expand village cooperatives to benefit farmers and boost exports.
Haryana produces 36% of national milk output with locally recognised cow breeds; the Union Minister urged the state to establish village-level cooperative societies to benefit livestock farmers and boost milk exports, and highlighted the administrative separation of Animal Husbandry into a distinct ministry as a structural measure to prioritise sectoral development.
February 7, 2026
HP govt earns Rs 26,683 cr in 3 years from its own resources: CM Sukhu
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State government reports Rs26,683 crore from own resources; hotel acquisition and higher hydropower royalty boost revenue.
The state government reports receipts of Rs 26,683 crore from its own resources over three years, notes a realised benefit of about Rs 401 crore from acquiring the Wildflower Hall Hotel with projected annual receipts of about Rs 20 crore, and records an increase in the royalty share for the Karcham Wangtoo Hydropower Project from 12% to 18%, estimated to yield an additional ~Rs 150 crore annually.
February 7, 2026
USTR's India map draws attention as Delhi, Washington announce trade pact
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USTR map depicts Jammu and Kashmir and Aksai Chin as India; US and India agree to cut tariffs to 18%.
The USTR released a map showing Jammu and Kashmir, including Pakistan occupied Kashmir, and Aksai Chin as integral parts of India, signaling alignment with India's territorial claims. Concurrently, India and the US announced a first phase interim trade framework removing a 25% additional duty on Indian goods and reducing reciprocal tariffs, with US tariffs on specified Indian imports to be lowered to 18% to promote bilateral trade.
February 7, 2026
New budget reflects confidence and maturity of the economy: Union Minister Puri
Show AI Summary
2026-27 budget balances growth and fiscal discipline, prioritising capital expenditure and infrastructure-led development.
The 2026-27 budget balances growth promotion with fiscal discipline, projects 7.4% GDP growth, and cites low inflation (April-December 2025 average ~1.7%). It prioritises public investment, announcing total capital expenditure of ~Rs 12.2 lakh crore-over 430% above 2013-14-with major increases for highways, defence, health, and education; describes infrastructure spending as a GDP multiplier and underscores defence indigenisation, expansion of higher education and medical institutions, and enhanced transport connectivity.
February 7, 2026
Zetwerk Electronics launches Manufacturing Excellence facility in Bengaluru
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Zetwerk Electronics launches Manufacturing Excellence facility; government boosts electronics manufacturing funding and infrastructure for high-reliability sectors.
The facility is purpose-built for defence, aerospace and automotive electronics with advanced manufacturing lines, clean rooms and an environmental stress testing laboratory to meet stringent quality and reliability requirements. Officials emphasised adherence to rigorous product and component quality standards. The announcement also highlights augmented central incentive funding and state infrastructure commitments, including assured industrial water supply, roads, power and logistics, and a willingness to adapt policy to industry needs to support high value electronics manufacturing.
February 7, 2026
Union Budget 2026-27 to open new doors for Odisha's development: Pradhan
Show AI Summary
Union Budget 2026-27 sets targeted infrastructure, sectoral support and fiscal measures to boost Odisha's economy and employment.
The Union Budget 2026-27 sets out targeted fiscal and programme initiatives to boost Odisha's industrial, mineral and transport infrastructure - including large railway allocations, National Waterway No. 5 development, a Rare Earth Corridor, semiconductor and bio pharma initiatives - alongside reduced kendu leaf tax and support for coastal crops. Complementary measures for fisheries, irrigation in underdeveloped districts, and tourism projects aim to raise incomes, expand employment, and integrate Odisha into national and coastal development corridors.
February 7, 2026
Anand Sharma slams minister Piyush Goyal over criticism of UPA trade pacts, seeks apology
Show AI Summary
India trade agreements criticized; leader defends palm oil imports and questions opacity and commitments in the India-US trade deal.
Anand Sharma demands an apology for the Commerce Minister's criticisms of past trade pacts, defending palm oil imports as necessary and persistent across governments. He questions why CEPAs and bilateral trade agreements with regional partners were not cancelled if against national interest, and presses seven questions about the India-US trade arrangement, alleging opacity and potential commitments on agricultural and dairy market access that could affect sovereignty and multilateral trade obligations.
February 7, 2026
Global engagement inevitable but should not be driven by pressure, tariffs: Bhagwat
Show AI Summary
Global engagement should be free from external pressure and not driven by tariffs; buy domestic to support employment.
Global engagement should proceed without external pressure and not be tariff-driven; purchasing choices should favour Indian-made products to support domestic employment. The RSS frames its mission as societal unification through the shakha system, distinct from partisan politics and not seeking power. Hindutva is presented as a civic-cultural identity compatible with individual religious practice, with an emphasis on India leading by example and addressing criticisms through direct dialogue.
February 7, 2026
BJP gave ''zero'' to TN in Union Budget, people must give back 'zero' to them in polls: Stalin
Show AI Summary
Tamil Nadu budget allocations: state demands include funding, tax share, NEET exemption, and protection of state autonomy.
The chief minister contends the Union Budget provided "zero" to Tamil Nadu and sets out specific fiscal and project demands - education funding, new railway projects, completion of Madurai AIIMS, a 50% tax share, and NEET exemption - framing the Budget failure as a denial of actionable state allocations. He advances a federalism critique that centralisation undermines state autonomy and warns against language-policy imposition under the three-language framework. He further argues NEET and similar centralised exam regimes threaten reservation-based social justice and seeks exemptions to preserve equitable educational access.
February 7, 2026
Global engagement inevitable but should be done without pressure, not be tariff-driven: Bhagwat
Show AI Summary
Global engagement should proceed without external pressure and not be tariff-driven, while buying local supports employment.
Global engagement is inevitable but must be pursued without external pressure and should not be tariff-driven; trade interactions must suit India's interests and environment. Citizens are urged to prioritise Indian-made products over foreign commodities where feasible to support domestic employment and job growth, as part of broader social priorities including harmony, environmental protection, self-awareness, family values and civic duties.
February 7, 2026
West Bengal Assembly passes Appropriation Bill after heated debate
Show AI Summary
West Bengal Appropriation Bill passed after debate; opposition pressed for DA clarity, social welfare, jobs, and fiscal transparency.
The West Bengal Appropriation (No. 1) Bill, 2026 was tabled and enacted after debate in which the opposition demanded increased MLA development funds, pension revision for former legislators, DA clarity for government employees, inclusion of persons with disabilities in budget provisions, transparent development and job-creation statistics, written responses to questions, and measures to reduce state debt; implementation gaps in the Ghatal Master Plan and the impact of the Yuva Sathi allowance were also criticised, and the finance minister noted blocked central dues exceeding one lakh crore rupees.
February 7, 2026
Union Budget reflects govt's commitment towards villages, farmers: Rao Narbir Singh
Show AI Summary
Union Budget raises rural and agriculture allocations and includes a large fertilizer subsidy to lower farmers' costs.
Union Budget proposals increase allocations for rural and agriculture sectors, with Rural Development funding up 21 percent and combined Rural Development and Agriculture allocations reported to exceed Rs 4.35 crores. A fertilizer subsidy provision of Rs 1,70,944 crore is included to lower farming costs and directly benefit farmers, and stakeholder suggestions will be reviewed for inclusion in the state budget during the legislative session.
February 7, 2026
Siddaramaiah launches software, mobile app developed to facilitate chit transactions
Show AI Summary
MSIL launches app to digitise chit fund transactions with UPI payments, online bidding and expanded agent networks.
MSIL launched a software platform and mobile app to digitise chit fund transactions-integrating UPI and online bidding-to enhance transparency and reduce fraud, expand access via appointed agents including women self help group Sakhis and retail outlets, prioritise rural outreach and government employees, and implement a Vision 2030 roadmap supported by CSR funding to scale operations.
February 7, 2026
Two indigenous quantum computers will be launched on April 14: Andhra CM
Show AI Summary
Quantum computers will launch in Amaravati to seed a regional hub for research, local manufacturing, and talent development.
The Amaravati Quantum Valley will host two indigenous quantum computers as reference facilities on April 14, integrating industry-academia-government MoUs, quantum cloud services, an innovation centre, and a talent hub to position the region as a centre for quantum research, local component manufacturing, talent development, and applications in quantum medicine and biology under the broader National Quantum Mission.

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DRAFT INCOME-TAX RULES, 2026

February 9, 2026

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DRAFT INCOME-TAX RULES, 2026

1. NOTE – DRAFT INCOME-TAX RULES & FORMS, 2026

2. NAVIGATOR – INCOME-TAX RULES, 2026

3. DRAFT – INCOME-TAX RULES, 2026

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