Starting April 1, India will implement the revised Income-tax Act, 2025, replacing the six-decade-old Income-tax Act of 1961. While tax rates and slabs remain unchanged, significant changes will affect how income, deductions, salary, capital gains, and disclosures are reported. The new law aims to simplify tax reporting, with stricter compliance requirements and a more precise reporting structure. A key change involves meal card exemptions for salaried employees. The exemption limit

Senior Congress leader Sonia Gandhi is responding positively to treatment for a systemic infection, according to Sir Ganga Ram Hospital in New Delhi. The 79-year-old leader was admitted to the hospital on the night of March 24 after experiencing a fever. The hospital confirmed that she is being treated with antibiotics and remains under the close supervision of a team of senior doctors. Her health has been stable since admission, and the medical team is carefully monitoring her recovery.

India is accelerating the signing of contracts for crude oil and LPG imports, aiming to diversify its supply sources amidst disruptions caused by the ongoing conflict in the Middle East. The country's need for oil has been rising, with daily imports averaging 5.5 to 6 million barrels. After Russia's oil imports were reduced as part of an agreement with the U.S., India has been exploring new avenues to ensure stable oil supplies, including from Russia, despite the geopolitical tensions.