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September 3, 2025 3:37 PM

A Simpler, Smarter Tax System: India’s Income Tax Act, 2025

India has ushered in a transformative shift in its tax law with the passage of the Income Tax Act, 2025, officially notified on 3rd September 2025, and set to come into effect from 1st April 2026. This new legislation is not about raising taxes but a...

September 3, 2025 11:38 AM

US imposes sanctions on network for transporting Iranian oil

The U.S. Treasury Department on Tuesday sanctioned a network of shipping companies and vessels led by an Iraqi-Kittitian businessman for smuggling Iranian oil disguised as Iraqi oil. The administration of President Donald Trump is keeping pressure o...

September 3, 2025 11:34 AM

Israel launches new military surveillance satellite into space

Israel on Tuesday launched its latest spy satellite into space from an undisclosed site, the Defence Ministry said. The Ofek 19 satellite was built by state-run Israel Aerospace Industries. "Ofek 19 is a highly advanced SAR (synthetic aperture rada...

September 3, 2025 1:08 PM

Bhutan PM Tshering Tobgay to visit India from September 3-6

Bhutan Prime Minister Tshering Tobgay, accompanied by his spouse Aum Tashi Doma, and Je Khenpo Trulku Jigme Choedra, the Chief Abbot of Bhutan, will be on an official visit to India from September 3 to 6, the Ministry of External Affairs (MEA) announ...

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