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    DRAFT INCOME TAX FORMS 2026
    DRAFT INCOME-TAX RULES, 2026
    City of Artesia, California, Honours Cultural Activist Sundeep Bhutoria for Contributions to Indian Culture
    Mandya to get world-class ARAI centre: Kumaraswamy
    Ozar airport upgrade to spur Nashik's growth ahead of Simhastha Kumbh: Fadnavis
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    Govt says 50-year-old trainer aircraft crashed due to inadequate fuel near Belagavi airport
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February 9, 2026
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Draft Income tax Forms 2026 open for 15 day public consultation; streamlined, smart forms and reduced compliance burden.
Draft Income tax Rules and Forms, 2026 are published for 15 days of public consultation prior to notification under the Income tax Act, 2025 (effective 1 April 2026). The drafts simplify rule language, remove redundancies, consolidate provisions and standardise form fields, introducing smart forms with prefill and automated reconciliation. A navigator maps prior rules and forms to the new drafts, and stakeholders are invited to provide rule wise and form wise feedback to reduce compliance burden and enable centralised processing.
February 9, 2026
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Draft Income-tax Rules, 2026 set new valuation, notification, electronic filing and compliance procedures for tax administration.
Draft Income-tax Rules, 2026 operationalise the Income-tax Act, 2025 by consolidating and simplifying subordinate provisions, introducing standardised smart forms and electronic furnishing, and prescribing substantive and procedural rules covering dividend arrangements, stock-exchange recognition, fair market value methodologies for assets and indirect transfers, income determination for non-residents, thresholds for significant economic presence, valuation and transfer-pricing procedures, perquisites valuation, depreciation rates, notification and approval processes for specified businesses and research approvals, and timelines and audit/reporting obligations tied to returns.
February 9, 2026
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City of Artesia honors cultural activist Sundeep Bhutoria for promoting Indian art, culture, and diaspora engagement internationally.
Municipal recognition was conferred by the City of Artesia through a Certificate of Recognition presented to Sundeep Bhutoria for sustained social work and promotion of Indian art, culture, and literature. The presentation, delivered by a City Council member at a civic event attended by diaspora representatives and the Consul General of India in Los Angeles, operated as an official municipal acknowledgement intended to foster cultural ties and community engagement rather than to create regulatory obligations or legal rights.
February 9, 2026
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ARAI centre in Mandya to require 100 acres and Rs 500 crore, pending state land allocation and identification.
A proposed ARAI centre in Mandya will receive an initial Rs 500 crore and require about 100 acres; execution depends on the state allocating land after the Union Minister requested allotment and the State Revenue Department directed the Mandya Deputy Commissioner to identify suitable land. ARAI is identified as a premier autonomous R&D organisation and the principal authority for testing, certification, and research, tasked with ensuring compliance with vehicle safety, emissions control and technical quality standards.
February 9, 2026
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Ozar airport expansion to boost Nashik connectivity, cargo exports and industrial growth ahead of Kumbh 2027.
Expansion of Ozar airport with a Rs 640 crore state allocation will increase passenger handling capacity and cargo connectivity to accommodate a projected eight- to tenfold rise in devotees for Simhastha Kumbh Mela 2027 and to open international markets for Nashik's perishable horticulture and vegetable exports.
February 9, 2026
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Tokyo benchmark Nikkei 225 jumped after election delivering supermajority, prompting expectations of market-friendly policies and global markets rallied.
A parliamentary election yielded a governing-party supermajority, prompting investor expectations of market-friendly policy measures and triggering a sharp equity rally-including a 4.5% rise in the Tokyo Nikkei 225-as markets priced the reduced political uncertainty and anticipated pro-market initiatives.
February 9, 2026
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Israel's security cabinet approves measures to deepen West Bank control and ease settler land acquisition.
The security cabinet authorised removal of prohibitions on sales of West Bank land to Israeli Jews, declassification of land registry records, revival of a committee for proactive land purchases, transfer of planning authority for sensitive sites to Israeli control, and expanded Israeli enforcement- including demolition- in Palestinian-administered areas on heritage or environmental grounds to facilitate settler acquisition and long-term land reserves for settlement expansion.
February 9, 2026
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Japanese governing party's supermajority enables major defense, budgetary, and immigration policy shifts with civil rights implications.
The governing party's two-thirds lower-house supermajority grants it decisive legislative and budgetary authority, enabling expedited passage of a postponed budget and other priority laws. The administration plans statutory and regulatory shifts to expand offensive defense capabilities, lift weapons-export restrictions, increase defense spending, and impose stricter immigration, property, and anti-espionage rules. These initiatives raise civil rights implications and will be implemented primarily through budgetary allocations and statutory amendments during the lower house's term.
February 9, 2026
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Lamborghini crash injures six; police seize vehicle, say FIR will be registered amid allegations of influence and intimidation.
A luxury car allegedly driven by a businessman's son struck pedestrians and vehicles, injuring several persons; police seized the vehicle, provided primary treatment to the injured, rescued and hospitalized those involved, and stated that an FIR will be registered with further legal action to follow. Victims alleged aggressive conduct by the accused's associates, claims of influence delaying case registration, and pressure toward compromise, raising concerns about impartial investigation and potential obstruction.
February 8, 2026
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Japanese prime minister's party wins supermajority, enabling major shifts in defense, immigration, and security policy.
A more-than-two-thirds lower-house majority gives the governing party an enhanced capacity to enact a right-leaning legislative program focused on revising security and defense policy to allow offensive capabilities, lifting the weapons-export ban, increasing defense spending, and advancing proactive economic and technology investments, alongside tougher immigration, property and anti-espionage measures that observers warn could impinge on civil rights and raise funding and diplomatic-management questions.
February 8, 2026
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Mandya to get world-class ARAI centre; 100-acre, Rs. 500 crore facility proposed to boost automobile sector.
A proposed Automotive Research Association centre in Mandya will have an initial Rs 500 crore investment and require 100 acres; funds are earmarked and the Union Minister has requested state land allocation while the state revenue department has directed local officials to identify suitable land.
February 8, 2026
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Trainer aircraft crash-lands near Belagavi after suspected fuel starvation; regulatory investigation and FTO oversight underway.
Suspected fuel starvation forced a Cessna 172 trainer to make a precautionary landing; both occupants survived and the aircraft broke into pieces. The aircraft held a certificate of airworthiness and an Airworthiness Review Certificate valid through August 3, 2026, and was operated by a flying training organisation with active FTO approval. The Directorate General of Civil Aviation and the Aircraft Accident Investigation Bureau will carry out further investigation. The operator reported cooperation with regulators and reinforced pre flight inspection procedures, against a background of prior accidents and temporary suspension actions involving the same academy.
February 8, 2026
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India Malaysia ties to deepen across trade, defence, semiconductors and counter terrorism with 'no double standards' stance.
India and Malaysia agreed to deepen cooperation in trade, investment, defence, energy, advanced manufacturing and semiconductors, signing 11 agreements including a semiconductor framework and an anti corruption cooperation pact. They endorsed local currency trade settlements and tasked central banks to operationalise modalities. Security cooperation will intensify across counter terrorism, intelligence sharing, maritime security and defence, with a stated policy of no double standards on terrorism and efforts to counter radicalisation, terrorist financing and misuse of emerging technologies. Malaysia reaffirmed support for India's permanent seat in a reformed UN Security Council.
February 8, 2026
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Tamil Nadu pension funding: government pledges Rs13,000 crore and Rs11,000 crore annual contribution to assured pension scheme.
State officials attribute reduced tax transfers and GST-related revenue declines to deliberate central action, prompting a response to employee demands via a government panel and the announcement of the Tamil Nadu Assured Pension Scheme, which injects Rs 13,000 crore into the Pension Fund and requires an annual state contribution of Rs 11,000 crore to ensure continued payment of salaries and pensions.
February 8, 2026
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Left Wing extremism framed as an ideology driven security challenge; policy to prioritise ideological contestation and surrender incentives.
Left Wing extremism is characterised as an ideology driven security challenge distinct from underdevelopment or ordinary law and order failures. The text argues that Maoism's reliance on violence contradicts democratic constitutional mechanisms, disputes developmental causation with comparative evidence, and advocates policy measures prioritising ideological contestation alongside surrender and reintegration incentives. It links ideological governance to measurable improvements in regional development and counterinsurgency outcomes.
February 8, 2026
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Nitin Nabin will attend the Bihar Assembly budget session and meet BJP legislators during a two-day Patna visit.
Nitin Nabin, newly elected BJP national president, will attend the Bihar Legislative Assembly budget session on Tuesday and will meet the Bihar BJP legislature party leader and members at the party office in Patna during a two-day visit that also includes public events and an organisational meeting.
February 8, 2026
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Redbird Flight Training Academy faces probe after multiple crash landings; AAIB found evidence removal and recommended DGCA action.
AAIB preliminary reports on multiple Redbird accidents found removal of critical evidence (SD cards and CCTV hard disks) before investigators arrived and recommended that DGCA consider action for obstructing the proceedings. DGCA had earlier temporarily suspended Redbird's operations after two crash landings in October 2023, and regulators are conducting preliminary inquiries to determine whether oversight and enforcement will proceed under AAIB or DGCA.
February 8, 2026
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Trainer aircraft force-landed due to suspected fuel starvation; DGCA and AAIB will investigate the incident.
A trainer Cessna 172 force-landed after suspected fuel starvation; DGCA and AAIB will investigate. The aircraft, manufactured in 1975, was registered to Redbird with a current Certificate of Airworthiness and an Airworthiness Review Certificate valid until August 3, 2026. The Pilot-in-Command had 734 hours; the academy holds FTO approval and operates a 48-plane fleet.
February 8, 2026
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Animal husbandry modernisation: Haryana expands health services, breeding, market links and financing to boost livestock incomes.
Haryana is pursuing modernization, increased profitability and sustainability in animal husbandry by disseminating modern feed, vaccination, disease control, breeding techniques and digital services, extending animal health services to villages, promoting advanced breed improvement, strengthening milk collection and marketing, and expanding training and credit to raise livestock incomes, reduce risk and secure direct market access.
February 8, 2026
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Handloom sector protected from power-loom competition while pushing tech integration, GI promotion and exclusive sourcing of uniforms.
The minister committed to protecting the handloom sector from unfair competition by power looms while expanding market access and export opportunities, including exclusive sourcing of school uniforms from handwoven fabric and bolstering marketing linkages for nearly seven lakh weavers. He advocated technology-led improvements-notably AI-based quality sampling-and research-driven fibre and design innovation to enhance productivity, consistency, sustainability and global competitiveness of GI-tagged and regional textile products without diluting artisanal character.

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House of Hiranandani Earns Jan 2026 - Jan 2027 Great Place To Work Certification™

February 9, 2026

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Feb 9, Mumbai, Maharashtra— House of Hiranandani is proud to be Certified™ by Great Place To Work® for the third year in a row. The prestigious award is based entirely on what current employees say about their experience working at House of Hiranandani. This year, 96% of employees said it’s a great place To Work with an overall Trust Index™ Score of 90%. The certification underscores the company’s distinctive workplace culture—rooted in excellence, innovation, and collaboration. It reflects the consistently positive experiences of employees across the organisation, highlighting high levels of engagement, satisfaction, and a shared sense of purpose. Great Place To Work® is the global authority on workplace culture, employee experience, and the leadership behaviours proven to deliver market-leading revenue, employee retention and increased innovation. "Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience," says Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work. She emphasizes that Certification is the sole official recognition earned by the real-time feedback of employees regarding their company culture. “By successfully earning this recognition, it is evident that House of Hiranandani stands out as one of the top companies to work for, providing a great workplace environment for its employees." “We are proud to be Great Place To Work-Certified™ once again, as it reflects our long-standing belief that people are at the heart of everything we build,” said Mohan Monteiro, Chief Human Resources Officer, House of Hiranandani. “From investing in learning and leadership development to fostering a culture of trust, inclusion and collaboration, we remain deeply committed to creating an environment where our teams can grow, thrive, and do their best work.” At House of Hiranandani, the culture is anchored in a shared Purpose Statement: To create world-class spaces for people to live, work, and thrive in. This philosophy extends inward, prioritizing the holistic well-being and growth of every team member. Exceptional Loyalty: The organization boasts remarkable stability, with over 63% of the workforce serving for more than five years and 52% for over a decade. This longevity is celebrated through Long Service Awards, handed over by the senior leadership. Comprehensive Well-being: Support goes beyond standard benefits to include Mental Health initiatives titled as HOH Dost, annual health check-ups, and flexible work arrangements such as staggered shifts and an "Early Out" facility. Inclusive Growth: All employees have mandatory learning goals, with access to advanced training like Managerial Excellence and FLY (Fuel the Leader in You). Recently, the organization ensured future readiness by conducting mandatory AI tools training for the entire workforce. Community Spirit: Trust is fostered through shared joy and social impact, including initiatives in collaboration with NGOs, quarterly blood donation drives, and vibrant celebrations like HOH’s Got Talent. According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion. We’re Hiring! Looking to grow your career at a company that puts its people first? Visit our careers page at: https://www.houseofhiranandani.com/careers ABOUT HOUSE OF HIRANANDANI Mumbai-based House of Hiranandani group, founded by Mr. Surendra Hiranandani, stands as a beacon of excellence in the real estate industry. With a distinguished portfolio spanning Mumbai, Thane, Chennai, Bengaluru, and Hyderabad, including landmark projects like Hiranandani Gardens in Powai, Hiranandani Estate, and Hiranandani Meadows in Thane, the company has created benchmarks in the real estate industry. House of Hiranandani's influence extends beyond residential ventures, as it adeptly applies its expertise across diverse sectors, including commercial, retail and healthcare embodying a holistic approach to real estate and beyond. With a track record boasting 50+ million. sq.ft. developed area, 27,041 homes delivered, 95,228 students educated, and a staggering 69,357 trees planted. House of Hiranandani persistently redefines opulent living while forging an unparalleled path in the real estate realm and beyond. The total development includes commercial development of over 8.5 million sq. ft of office spaces, catering to the needs of both small-scale entrepreneurs and large corporate entities. Mr. Surendra Hiranandani's entrepreneurial journey in real estate spans almost four decades, marked by a deep-rooted commitment to excellence and innovation. With unparalleled expertise in technical and architectural realms, he has emerged as a visionary leader, adept at navigating challenges and seizing opportunities. Through House of Hiranandani, he continues to redefine luxury living. His decision to embark on his entrepreneurial journey reflects a strategic vision to expand in the Mumbai Metropolitan Region, leveraging his wealth of experience to shape the future of real estate in India. About Great Place to Work Certification™ Great Place To Work® Certification™ is the most definitive “employer-of-choice” recognition that companies aspire to achieve. It is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace. Great Place to Work Certification is recognized worldwide by employees and employers alike and is the global benchmark for identifying and recognizing outstanding employee experience. Every year, more than 10,000 companies across 60 countries apply to get Great Place To Work-Certified. About Great Place To Work® As the global authority on workplace culture, Great Place To Work® brings 30 years of groundbreaking research and data to help every place become a great place to work for all. Their proprietary platform and For All™ Model helps companies evaluate the experience of every employee, with exemplary workplaces becoming Great Place To Work Certified™ or receiving recognition on a coveted Best Workplaces™ List. Learn more at greatplacetowork.com and follow Great Place To Work on LinkedIn, Twitter, Facebook and Instagram. 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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