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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...
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    Parliament passes The Bankers' Books Evidence Bill, 2026
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August 11, 2026
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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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Samsung Galaxy F70e – Redefining Everyday Performance

February 12, 2026

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Pune, February 9, 2026: Samsung, one of the leading global smartphone brands, recently launched the first smartphone of its all-new Galaxy F70 series, the Samsung Galaxy F70e 5G. Designed to cater to the ever-evolving needs of the young Gen Z users, the Galaxy F70e 5G brings a cutting-edge imaging system, a premium leather-pattern finish, and a vibrant display to the budget segment.

While the Samsung F70e’s price makes it an affordable device, you can make the purchase even more convenient. By shopping for the Galaxy F70e 5G on Easy EMIs from Bajaj Finserv, you can enjoy quick approvals, customised payment terms, and zero down payment options on select models. This way, you won’t have to make a large lump sum payment; you can own the new smartphone and pay for it in bite-sized instalments! Samsung Galaxy F70e 5G - An affordable powerhouse The Samsung Galaxy F70e 5G houses a large 6,000 mAh battery and runs on the mid-range MediaTek Dimensity 6300 chipset, ensuring long-lasting, powerful performance. This device has also been built to withstand everyday spills, splashes, and light rains, as indicated by its IP54 rating. The Galaxy F70e 5G sets a new benchmark for value-for-money mobiles in the country, offering premium features at an affordable price.

Key specifications: • Display: 6.7-inch HD+ LCD display, 120 Hz refresh rate • Processor: MediaTek Dimensity 6300 octa-core • RAM: 4GB/6GB LPDDR4X • Storage: 128GB, expandable up to 2TB • Rear Camera: 50MP main + 2MP depth • Front Camera: 8MP • Battery: 6,000 mAh with 25W Fast Charging • OS: Android 16 • Build: IP54 (dust and splash resistance) • Colours: Limelight Green, Spotlight Blue Sharp portraits - Best-in-segment imaging system The Galaxy F70e 5G offers best-in-class cameras, including a high-res 50MP main sensor that captures incredible landscapes, sunsets, and candid moments with vibrant colours and rich detail. The main lens, along with the depth camera, delivers stunning portrait images by gently blurring the background while keeping the subject in focus. Using Night Mode, you can click brighter and highly detailed shots even in dimly-lit environments.

Camera features: • Rear video: 1080p @ 30fps • Shooting modes: Hyperlapse, Night, Panorama, Photo, Portrait, Pro, Slow Motion Ultra-smooth visuals - Display that impresses The Samsung Galaxy F70e 5G sports an impressive 6.7-inch HD+ display with a 120 Hz refresh rate, offering visual clarity and ultra-smooth scrolling. Its High Brightness Mode makes it easier to view the phone’s contents when you are outdoors, ensuring clear, vivid visuals.

Display highlights: • 720 x 1600 pixel resolution (HD+) • 260 PPI pixel density with 16M colours • 120 Hz refresh rate Premium performance - Multitasking made easy The Galaxy F70e 5G runs on the MediaTek Dimensity 6300 octa-core processor, which guarantees smooth multitasking and lag-free performance. From juggling multiple apps to running demanding tasks, the smartphone handles every situation effortlessly.

Performance highlights: • Octa-core processor clocking up to 2.4 GHz • ARM Mali G57 GPU for enhanced overall visual experience • Android 16 OS for optimised user experience Durable battery - Power that lasts Under the rear panel, the device houses a large 6,000 mAh battery that powers the smartphone for two days on a single charge. The 25W Fast Charging support ensures quick refills, while Samsung’s latest One UI 8 optimisation ensures efficient power usage over time.

Battery features: • 6,000 mAh Li-ion battery • 25W Fast Charging support Stunning design - A mobile that looks and feels premium Blending modern aesthetics with everyday practicality, the Galaxy F70e 5G sports an elegant leather finish on the back. Its sleek profile offers a comfortable grip, while its IP54 rating makes it a practical choice for daily commutes and outdoor use.

Design highlights: • Slim 8.2mm profile • Limelight Green and Spotlight Blue colour options • Premium leather pattern finish at the back Samsung Galaxy F70e 5G - Pricing and variants The Galaxy F70e 5G offers excellent value for money, providing premium features in the budget segment. The Samsung F70e’s price also makes it easily accessible, and the smartphone comes in two RAM options: • 4GB RAM + 128GB ROM - Rs. 11,999* (introductory price) • 6GB RAM + 128GB ROM - Rs. 12,999* * Disclaimer: Prices and specifications are based on available sources and may vary by region or retailer. For the latest price and offers, please visit a Bajaj Finserv partner store.

Upcoming launches by Samsung While the Samsung F70e’s price makes it an irresistible option in the budget segment, the company is preparing to launch a few other models across the board. Some of these include: 1. Samsung Galaxy Z TriFold In December, Samsung officially announced the launch of its futuristic device, the Samsung Galaxy Z TriFold, ushering in a new era of smartphone design. When unfolded, you are treated to a massive 10-inch display that redefines smartphone innovation. It also sports a revolutionary 200MP camera and runs on the flagship Snapdragon 8 Elite Mobile Platform for Galaxy. The device is expected to be made available in the Indian market in mid-to-late 2026.

2. Samsung Galaxy S26 series Another eagerly awaited launch is in the works, as Samsung is gearing up to unveil the Samsung Galaxy S26 series on February 25, 2026. The Galaxy S26 series will include the base variant, the Galaxy S26, along with the Galaxy S26 Plus (mid-tier) and the top-spec Galaxy S26 Ultra. According to rumours, the company has made several design changes to the Galaxy S26 series models, including a unified camera module and a thinner profile. Besides the design, these phones are expected to bring advancements in camera technology and performance capabilities.

Easy EMIs make premium phones affordable and accessible Whether you wish to buy the pocket-friendly Galaxy F70e 5G or a new flagship from the company, you can now make your choice without worrying about the price tag. With Bajaj Finserv Easy EMIs, you can split the cost into affordable EMIs, with flexible tenures ranging from 3 to 60 months. You can also visit any of the 1.5 lakh+ Bajaj Finserv partner stores spread across the country to shop for a new phone! Why you should purchase the Galaxy F70e 5G from a Bajaj Finserv partner store The Samsung F70e’s price makes it a strong contender in the budget segment. Whether you wish to purchase this value-driven smartphone or any other top-tier flagship, buying it from a Bajaj Finserv partner store gives you a wide range of benefits: • Easy EMIs: You can split the bill into affordable monthly instalments.

• Zero down payment: Select models do not require any upfront payment.

• Maha Bachat Savings Calculator: You can combine brand, dealer, and EMI offers to see total savings instantly.

• Flexible tenures: You can choose a tenure based on your convenience and financial capacity.

• Quick approval: Get instant loan approval with minimal paperwork.

Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 69.14 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.

To know more, visit www.bajajfinserv.in.  (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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