Tax nudge: Income tax dept ropes in MNCs to flag undisclosed foreign assets; employees face Dec 31 deadline

With just days left before the year-end compliance window closes, the Income Tax department has begun reaching out directly to multinational companies, asking them to alert Indian employees about undisclosed foreign assets and income, according to multiple tax advisors.Several large multinationals — including a global consumer healthcare firm, a wireless technology major and a US-based…

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Evening news wrap: Bangladesh may consider ‘scaling back’ presence in New Delhi; suspended TMC MLA floats own party and more | India News

Bangladesh high commission; Humayun Kabir Bangladesh has said it may consider “scaling back” staff at its New Delhi embassy, with foreign affairs Adviser Touhid Hossain’s statement coming amid steadily worsening ties with India. In domestic politics, Trinamool Congress MLA and former IPS officer Humayun Kabir—recently suspended for laying the “foundation stone” of a Babri-style mosque—has…

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Worldwide US alert: Embassy offers pointers to H-1B, H-4 visa applicants amid social media checks; what has changed | India News

As the US kicks of screening of social media, US embassy in India issued a worldwide alert for all H-1B and H-4 visa applicants. It called on the applicants to expect longer processing time, so to apply accordingly.“Beginning December 15, the Department of State expanded online presence reviews to ALL H-1B and H-4 applicants as…

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Infra output: Eight core sectors grow 1.8% in November; cement and steel lift momentum as energy drags

Eight core infrastructure industries recorded a modest expansion in November 2025, with overall output rising 1.8% year-on-year, supported by strong growth in cement, steel, fertilisers and coal, official data released by the Ministry of Commerce & Industry showed.The combined Index of Eight Core Industries (ICI), which accounts for 40.27% of the Index of Industrial Production…

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Pakistan PM Shahbaz Sharif announces cash reward for U19 Asia Cup winners; each player to be given PKR 10 million | Cricket News

PM Shahbaz Sharif announces cash reward for U19 Asia Cup winners Pakistan Prime Minister Shahbaz Sharif announced a big cash reward for the country’s Under-19 cricket team after their Asia Cup win on Sunday. On Monday, he hosted a special reception for the players and officials in Islamabad. During the event, he announced a cash…

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After securing a spot in India’s T20 World Cup squad, Ishan Kishan named captain of Jharkhand for upcoming Vijay Hazare Trophy | Cricket News

Star wicketkeeper-batter Ishan Kishan has been named the captain of Jharkhand for the upcoming Vijay Hazare Trophy (VHT) 2025/26 season. The announcement was made by the Jharkhand State Cricket Association on Monday. The tournament will begin on December 24, and Jharkhand will play their first match against Karnataka in Ahmedabad. Why the Mumbai Maidans are…

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