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LIABILITIES WAIVER
Inside the chaotic Iran talks that let Trump claim victory, but not yet peacePresident Trump announced the end of the Iran War and the reopening of the Strait of Hormuz, following intense Qatari mediation. Despite Is...- 'I'm the boss', Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a ...
- 'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...
- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Air India denies pressuring AI-171 victims' families to sign compensation waiver, says no deadline to accept settlementAir India refutes claims of pressuring families of AI-171 crash victims. The airline states there is no deadline or pressure to accept its ...
- Why Rs 1 crore term insurance cover in 2026 may not be enough for many familiesFamilies need more than ₹1 crore in term insurance. Rising expenses and loans mean a higher cover is essential. Experts suggest ₹1.5 crore ...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- Could cruise ship passengers sue over the hantavirus outbreak?Travelers on the MV Hondius find themselves with few legal recourses following a hantavirus outbreak. Oceanwide Expeditions, the company be...
- India expands Russian marine insurance optionsIndia has increased the number of Russian insurers authorized to provide marine cover for ships docking at its ports. This move allows more...
- Strait of Hormuz crisis spotlights ship 'flagging' rules as India-flagged vessels face higher compliance burdenShip safety in the Strait of Hormuz draws attention to vessel flagging. India is boosting its flagged fleet. The Maritime Amrit Kaal Vision...
- How much do 2026 tax penalties cost if you file late? IRS interest rates and monthly fees explainedMissing the April 15 deadline in 2026 can cost you up to 25% in penalties alone. The 2026 tax penalties cost late filing starts at 5% per m...
- AI ruling prompts warnings from US lawyers: Your chats could be used against youLawyers in the US are cautioning clients about using AI chatbots for legal matters. Recent court rulings indicate that conversations with A...
- New process to pay tax demand under GST amnesty scheme clarified by GSTNGST amnesty scheme: If you want to apply for Goods and Services Tax (GST) amnesty scheme waiver of interest and penalty then you need to fo...
- Vi expects to clear all vendor dues in FY26, say analystsAccording to Vodafone Idea management, proceeds from Rs 18,000 crore FPO and proposed Rs 25,000 crore debt funding would enable telco to al...
- Loan waivers: No silver lining for farm sectorCompetitive populism is building serious stress for lenders, which could soon mar the credit cycle itself.
- Empower NCLT to waive interest on stressed assets: AssochamThe NCLT, the chamber suggested, should be authorised to grant relief on such waiver or writeback of outstanding liabilities under normal a...
- State Government deficit lower than Centre's but long-term sustainability a worry: RBIRBI said loan waivers impact credit discipline, vitiate credit culture and disincentivise borrowers from repayment, engendering moral hazar...
- New move to settle retrospective tax cases, CBDT offers interest liability waiver to firmsIn cases where tax liability arose because of retrospective amendment to the law or a court ruling, the interest payable on the demand will...
- PM seeks Law Ministry's view on Russia's demand for waiver on Kudankulam N-plantsThe PM has asked if the new units to be made by Russia can be kept out of the purview of the Civil Liability for Nuclear Damage Act.
- RBI warns govt against fiscal positionThe RBI on Tuesday warned the govt against deteriorating fiscal position due to growing off-budget liabilities, expenditure on subsidies an...
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