New Income Tax Act to Start April 1, Simplified Rules Coming Soon

February 1, 2026

New Income Tax Act to Start April 1, Simplified Rules Coming Soon

Finance Minister Nirmala Sitharaman announces the new Income Tax Act will begin on April 1, 2026. New, easy tax rules and redesigned forms will help taxpayers comply without hassle.

Finance Minister Proposes Restructuring of Power Sector NBFCs in Budget 2026

February 1, 2026

Finance Minister Proposes Restructuring of Power Sector NBFCs in Budget 2026

In Union Budget 2026, Finance Minister Nirmala Sitharaman calls for restructuring Power Finance Corporation and Rural Electrification Corporation to boost credit efficiency in the power sector.

Iran to Publish Names of Protest Deaths Amid Calls for Independent Inquiry

February 1, 2026

Iran to Publish Names of Protest Deaths Amid Calls for Independent Inquiry

Iran will list names of those killed in recent protests. Reformists and experts demand an independent probe, doubting official death toll of 3,117. Tens of thousands remain detained as security forces hunt protest leaders.

Tokyo Court Orders North Korea to Pay Zainichi Settlers Rs 20 Crore Each for Forced Relocation

February 1, 2026

Tokyo Court Orders North Korea to Pay Zainichi Settlers Rs 20 Crore Each for Forced Relocation

A Tokyo court has ruled that North Korea must pay over 20 million yen to four ethnic Korean settlers who were forced to move decades ago. These victims were promised a paradise but faced harsh conditions. Despite the ruling, compensation might be hard to collect.

Pakistan Military Kills 92 Militants in Balochistan After Deadly Attacks

February 1, 2026

Pakistan Military Kills 92 Militants in Balochistan After Deadly Attacks

Pakistan’s military said it killed 92 militants after coordinated attacks in Balochistan. The military blamed India for supporting militants. 33 security personnel and civilians died. PM Shehbaz Sharif praised the armed forces and vowed to fight terrorism until it's gone.