New Delhi, April 29 (IANS) The Supreme Court has said that in motor accident claims, negligence cannot be determined by mechanically blaming one party alone, and must instead rest on a balanced, objective, and comparative assessment of the conduct of all parties involved, particularly in cases of head-on collisions where shared responsibility may arise.Setting aside the dismissal of compensation claims in a 2009 fatal road accident case, a three-judge bench of Justices Vikram Nath, Sandeep Mehta…
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New Delhi, March 31 (IANS) As India approaches the new fiscal year FY27, the country’s direct tax system is set for a major overhaul from April 1, 2026, with the new Income Tax Act, 2025, coming into force — replacing the six-decade-old 1961 legislation and introducing changes in compliance, terminology and taxation.Major reform under the new framework is the replacement of the ‘Financial Year’ (FY) and ‘Assessment Year’ (AY) with a single ‘tax year’, which could simplify the filing process a…
Bengaluru, Feb 5 (IANS) The Karnataka Transport Department, on Thursday, launched the Central government’s E-DAR (Electronic Detailed Accident Report) software in the state. The launch event was held at the Royal Senate Hall in Palace Grounds in Bengaluru on Thursday.State Transport Minister Ramalinga Reddy, Home Minister G. Parameshwara, and Health Minister Dinesh Gundu Rao participated in the programme.With the introduction of this software, families of accident victims in the state will no lo…
New Delhi, Feb 1 (IANS) To ensure ease of living for taxpayers, the Union Budget 2026-27 on Sunday announced a range of proposals on direct taxes, saying that the Income Tax Act, 2025, is slated to come into effect from April 1, 2026.The simplified rules and forms will be notified in due course, giving adequate time to taxpayers to acquaint themselves with their requirements. The forms have been redesigned for simpler understanding and compliance for ordinary citizens.Finance Minister Nirmala Si…