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    February 7, 2026
    US removes 25 per cent tariffs imposed on India for Russian oil purchases
    February 7, 2026
    India fully protects sensitive wheat, rice, poultry under trade pact with US
    February 7, 2026
    'Won't apologise', Trump says after his racist post about Obamas is deleted after backlash
    February 7, 2026
    India, US reach framework for interim trade agreement; tariffs on India cut to 18%
    February 7, 2026
    India-US trade pact to open $30 trillion market for Indian exporters: Goyal
    February 7, 2026
    US to remove additional 25% duty on Indian goods from Feb 7
    February 7, 2026
    India intends to purchase $500 bn of US goods over next 5 years: Joint statement
    February 7, 2026
    US, India reach framework for interim trade agreement: Joint statement issued by White House
    February 7, 2026
    Milan Cortina Olympics officially open with multi-site ceremony for spread-out Winter Games
    February 7, 2026
    Canada, France open consulates in Greenland amid tensions over US push for control
    February 7, 2026
    Trump's racist post about Obamas deleted after backlash despite White House earlier defending it
    February 7, 2026
    UP: Minor 'lured' into becoming ovum donor for IVF; documents forged in Prayagraj
    February 7, 2026
    Dow surges past 50,000 as tech stocks recover while bitcoin stops plunging
    February 7, 2026
    Rahul Gandhi, Priyanka, several political leaders attend lunch hosted by Bhupinder Singh Hooda
    February 7, 2026
    Rajasthan panel stays warrant against Salman Khan in pan masala advertisement case
    February 7, 2026
    J-K CM defends 'manifesto-driven' Budget; BJP calls it partisan, disappointing
    February 6, 2026
    Union of app-based taxi and auto-rickshaw drivers calls strike on Saturday
    February 6, 2026
    Elderly Karnataka woman, son, 2 daughters found hanging at dharamshala in Bihar's Rajgir
    February 6, 2026
    Chabahar vital, Iran should expand ties with India, others on this issue: Iranian envoy
    February 6, 2026
    Return of Kashmiri Pandits depends on restoring their sense of security: CM Omar Abdullah
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February 7, 2026
US removes 25 per cent tariffs imposed on India for Russian oil purchases
Show AI Summary
US removes 25% tariffs on India after commitments to stop importing Russian oil and expand defence cooperation.
The President determined that India has taken significant steps to address the national emergency described in Executive Order 14066 by committing to stop directly or indirectly importing Russian Federation oil, to purchase energy products from the United States, and to expand defence cooperation, and accordingly eliminated the additional ad valorem rate of duty previously imposed on imports from India.
February 7, 2026
India fully protects sensitive wheat, rice, poultry under trade pact with US
Show AI Summary
India-US trade framework protects sensitive agricultural and dairy products while US tariffs on Indian goods fall to 18%.
An interim India-US trade framework reduces US tariffs on Indian goods to 18% while India withholds duty concessions on a specified list of sensitive agricultural and dairy products (maize, wheat, rice, soya, poultry, milk, cheese, ethanol (fuel), tobacco, certain vegetables and meat) to protect small and marginal farmers; concurrently India will eliminate or reduce tariffs on various US food and agricultural items such as dried distillers' grains, tree nuts, processed fruit, soybean oil, and wine and spirits.
February 7, 2026
'Won't apologise', Trump says after his racist post about Obamas is deleted after backlash
Show AI Summary
A president's racist social media post depicting the Obamas as primates was deleted amid bipartisan backlash and questions of responsibility.
A video posted to the president's social media account briefly depicted Barack and Michelle Obama with their faces imposed on jungle primates; it was deleted after bipartisan and civil society backlash and the White House said a subordinate staffer had posted the clip. The incident raised operative questions about accountability for official social media content, vetting procedures for presidential posts, calls for apology or staff discipline, and the broader context of historically racist dehumanising portrayals.
February 7, 2026
India, US reach framework for interim trade agreement; tariffs on India cut to 18%
Show AI Summary
India-US trade framework cuts tariffs to 18%, expands market access, tackles non tariff barriers, and boosts tech trade.
The interim framework provides reciprocal tariff and market access commitments: the US will reduce import duties on Indian goods to 18 percent, while India will eliminate or reduce tariffs on US industrial and numerous agricultural products; it contemplates zero tariffs on specified goods upon conclusion, establishes rules of origin, commits to remove targeted non tariff barriers and restrictive import licensing, provides a preferential tariff rate quota for automotive parts consistent with national security, expands technology trade and cooperation, and includes mechanisms to modify commitments and strengthen economic security and supply chain resilience.
February 7, 2026
India-US trade pact to open $30 trillion market for Indian exporters: Goyal
Show AI Summary
India-US interim trade framework cuts many US tariffs, removes duties on select goods, and protects sensitive farm and dairy items.
The interim trade framework reduces reciprocal US tariffs on Indian goods to 18% and eliminates tariffs to zero on specified items including generic pharmaceuticals, gems and diamonds, and aircraft parts; it provides tariff rate quotas and negotiated outcomes for auto parts and generic pharmaceuticals to boost export competitiveness in priority manufacturing sectors while preserving full protections for sensitive agricultural and dairy products such as maize, wheat, rice, soya, poultry, milk, cheese, ethanol, tobacco, certain vegetables and meat.
February 7, 2026
US to remove additional 25% duty on Indian goods from Feb 7
Show AI Summary
US removes additional 25% duty on Indian imports as India commits to stop importing Russian oil and expand defence ties.
The executive action rescinds an additional 25 percent ad valorem duty on products of India effective for goods entered for consumption on or after February 7, 2026, contingent on India's commitment to cease directly or indirectly importing Russian oil, and provides that if the Secretary of Commerce finds resumption of such imports the executive branch may recommend reimposing the additional 25 percent duty.
February 7, 2026
India intends to purchase $500 bn of US goods over next 5 years: Joint statement
Show AI Summary
India-US trade pact: India to buy $500bn of US goods over five years and pursue robust digital trade rules.
India commits to purchase USD 500 billion of US goods over five years, focusing on energy products, aircraft and parts, precious metals, technology products including GPUs, and coking coal, while both countries agree to address discriminatory or burdensome practices affecting digital trade and to establish a pathway toward robust, mutually beneficial digital trade rules within their bilateral trade agreement.
February 7, 2026
US, India reach framework for interim trade agreement: Joint statement issued by White House
Show AI Summary
US India interim trade agreement framework sets reciprocal 18% tariff on Indian goods and expands market access commitments.
The Interim Agreement framework establishes reciprocal tariff and market access adjustments: India will eliminate or reduce tariffs on US industrial and specified agricultural products, while the United States will apply a reciprocal tariff of 18 per cent on originating Indian goods in designated sectors; the framework also foresees additional market access commitments, supply chain resilience measures, and potential removal of reciprocal tariffs on certain goods subject to successful conclusion of the Agreement.
February 7, 2026
Milan Cortina Olympics officially open with multi-site ceremony for spread-out Winter Games
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Milan Cortina Olympics opened with a coordinated four-site ceremony and dual cauldrons to reflect dispersed venues.
The Milan Cortina opening ceremony was a coordinated multi-site event with four simultaneous venues and two cauldrons, enabling athletes to participate at mountain sites while the main Milan hub hosted a parallel parade with placard representation for delegations absent from the stadium. Organisers presented the format as a means to represent city and mountain identities, reduce travel for winter-sport athletes, and combine cultural programming with governance and broadcast considerations.
February 7, 2026
Canada, France open consulates in Greenland amid tensions over US push for control
Show AI Summary
Canada and France open consulates in Greenland, signaling support amid US push for control and talks.
Canada and France established consular presences in Nuuk to reinforce political and cooperative ties with Greenland and Denmark, highlighting commitments on defence, security, climate, economic resilience and Arctic cooperation. France sent a consul general as the first EU consulate-level presence; Canada formally opened its consulate. The moves are framed as allied solidarity amid US proposals and tariff threats related to access to Greenland and follow technical talks among the US, Denmark and Greenland on an Arctic security framework.
February 7, 2026
Trump's racist post about Obamas deleted after backlash despite White House earlier defending it
Show AI Summary
Trump's social media post depicting the Obamas as primates was deleted after bipartisan backlash and blamed on a staffer.
A presidential social media post depicting the Obamas as primates was deleted after bipartisan backlash; the White House blamed a staffer and described the removal as corrective. The incident raised questions about control and vetting of the President's account, the attribution of posts to the President versus aides, and procedural gaps that allow reposted memes and AI generated content to be published under the administration's official channels.
February 7, 2026
UP: Minor 'lured' into becoming ovum donor for IVF; documents forged in Prayagraj
Show AI Summary
Minor lured into ovum donation using forged identity and consent documents for IVF; suspects detained.
Allegations indicate a minor was lured to an IVF centre, had her ovum extracted after being falsely portrayed as an adult through a forged identity document and a fabricated consent form prepared by an agent, and that several persons have been detained on charges including kidnapping, document forgery, and falsifying medical consent for a minor.
February 7, 2026
Dow surges past 50,000 as tech stocks recover while bitcoin stops plunging
Show AI Summary
US stock market surges past 50,000 as tech stocks and bitcoin recover, no legal or regulatory issues discussed.
The document reports a sharp equity market rebound-Dow surpassing 50,000 with S&P 500 and Nasdaq gains driven by chip stocks and improved sentiment-and a recovery in bitcoin above USD 70,000; it contains no statutory, regulatory, compliance, governance, enforcement, or other legal content.
February 7, 2026
Rahul Gandhi, Priyanka, several political leaders attend lunch hosted by Bhupinder Singh Hooda
Show AI Summary
Hooda-hosted lunch drew MPs across parties; Congress to press issues during Haryana Vidhan Sabha budget session.
Bhupinder Singh Hooda hosted a Delhi lunch attended by over 85 MPs and numerous legislators from multiple parties, including Rahul and Priyanka Gandhi, facilitating cross-party social engagement. Afterwards, Hooda chaired a Congress Legislative Party meeting and indicated the party will seek answers on several public-importance issues during the upcoming Haryana Vidhan Sabha budget session, signalling a planned legislative scrutiny agenda.
February 7, 2026
Rajasthan panel stays warrant against Salman Khan in pan masala advertisement case
Show AI Summary
Pan masala advertisement: issuance of a non-bailable warrant stayed while the bailable warrant cancellation is pursued.
The state consumer commission stayed issuance of a non-bailable warrant against the celebrity and restrained the district commission from issuing that warrant until the existing bailable warrant is executed, directing the district commission to expeditiously hear the pending application seeking cancellation of the bailable warrant.
February 7, 2026
J-K CM defends 'manifesto-driven' Budget; BJP calls it partisan, disappointing
Show AI Summary
Jammu and Kashmir Budget defended as manifesto-driven; opposition brands it partisan and disappointing, citing unmet wage and youth employment needs.
The Jammu and Kashmir government presented a Rs 1.27 lakh crore Budget for 2026-27 defended as reflecting the National Conference manifesto and intended to promote growth, social harmony and prosperity. Opposition parties labelled the Budget partisan and criticised its failure to address long standing concerns of daily wagers, employees, unemployed youth and farmers, accusing the government of repackaging central schemes without new local initiatives. The Congress urged greater central funding given the UT's resource constraints, while business representatives welcomed selected infrastructure and scheme commitments.
February 6, 2026
Union of app-based taxi and auto-rickshaw drivers calls strike on Saturday
Show AI Summary
App-based taxi and auto-rickshaw drivers strike over panic-button costs, illegal bike taxis, and fare policies.
Drivers announced a nationwide one-day strike alleging that state declarations of many Central Government-approved panic button providers as unauthorized have forced costly device replacements (about Rs 12,000 each), causing severe financial hardship. The union also protests alleged illegal bike taxi services that purportedly deny accident victims insurance benefits, disputes ride aggregator fare policies as arbitrary, and links income loss to an expanded open permit policy for auto-rickshaws.
February 6, 2026
Elderly Karnataka woman, son, 2 daughters found hanging at dharamshala in Bihar's Rajgir
Show AI Summary
Four family members found dead by hanging in a Rajgir dharmshala; police seized evidence and launched a special investigation team.
Four family members were found dead by hanging in a locked dharmshala room; police entered with a magistrate, conducted dog squad inspection and forensic photography, and seized phones, identity documents, cash, personal effects and 25 strips of sleeping pills. An inquest report was prepared, bodies sent to the district hospital for autopsy by a medical board with videography, and a special investigation team was constituted with inter state police coordination and a two member team sent to the victims' hometown.
February 6, 2026
Chabahar vital, Iran should expand ties with India, others on this issue: Iranian envoy
Show AI Summary
Chabahar port faces changing US sanction waivers, prompting India to assess exposure of its port operator.
The article highlights Chabahar's strategic role for access to Afghanistan and Central Asia and reports recent US sanctions developments: the revocation of a 2018 sanctions exception effective September 29, 2025, and a conditional waiver extended to April 26, 2026. India confirmed IPGL's ten-year contract to operate the Shahid Beheshti Terminal and its USD 120 million equipment contribution, and states it is engaging with relevant parties to assess and mitigate exposure to potential secondary sanctions.
February 6, 2026
Return of Kashmiri Pandits depends on restoring their sense of security: CM Omar Abdullah
Show AI Summary
Return of Kashmiri Pandits depends on restoring their sense of security, beyond packages and housing measures.
Return of Kashmiri Pandits depends on restoring their sense of security; packages alone cannot ensure return. The government focuses on non-monetary measures including construction and allotment of transit accommodations (6,000 units targeted), community facilities, a PoK displaced persons bhawan, expanded civic and utility services, extension of health insurance benefits, and strengthened digital service delivery with a dedicated online platform for migrant certificates and grievance redressal.

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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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