FAST-DS Scheme: ₹1 Lakh Penalty for Foreign ESOPs

Budget 2026 introduces a one-time disclosure scheme for foreign assets. Taxpayers with undisclosed ESOPs can settle with a ₹1 lakh penalty under Category B, avoiding harsher penalties under the Black Money Act.

Valsad Construction Mishap: Scaffolding Falls Near Road

A portion of scaffolding fell 19 meters from an under-construction water tank in Valsad's Kalyan Baug area, landing dangerously close to a public road. No casualties were reported in the incident involving a Rs 54 lakh tank.

India-US Trade Deal Finalized, Tariff Cuts Announced

The long-awaited India-US trade deal has been finalized, with President Trump announcing tariff reductions. Experts predict a stock market surge, with Nifty 50 potentially breaking 25,500. Key sectors like pharma, auto, IT, and textiles are expected to be

India-US Trade Deal: Tariffs Cut from 50% to 18%

India and the US announce a landmark trade agreement reducing tariffs from 50% to 18%, following a phone call between PM Modi and President Trump. The deal ends months of uncertainty and includes commitments on energy purchases.

Ahmedabad's Subhash Bridge Repair Faces Delays

Ahmedabad Municipal Corporation will issue a new tender for Subhash Bridge repairs after receiving only one bid. The bridge has been closed since December 4 due to structural issues, causing traffic congestion.

India-US Trade Deal: Exports Get Competitive Boost

The India-US trade deal reduces tariffs to 18%, making Indian garments, leather, footwear, carpets, and shrimps more competitive against Bangladesh, Sri Lanka, and Turkey. Businesses await full clarity as exports to the US rose 11.3% to $59 billion.

Bengaluru Unions Vow Fight After SC Minimum Wage Plea Dismissal

Workers' unions in Bengaluru, including the Domestic Workers Rights Union, have vowed to continue their fight for minimum wage after the Supreme Court dismissed their petition. The unions issued a joint statement reaffirming their commitment to labor righ

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