Budget 2026: Govt should avoid hiking surcharge on super-rich, reviving wealth tax; why experts warn of capital flight

Tax experts have cautioned the government against raising the income tax surcharge on high-income individuals or reintroducing a wealth tax in the Union Budget 2026-27, warning that such moves could push wealthy taxpayers to relocate to low-tax jurisdictions and hurt investment and job creation.At present, individuals earning over Rs 50 lakh are subject to a…

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‘Market manipulation attempt’: Mamata Banerjee trashes Bengal exit polls, predicts over 200 seats for TMC | India News

NEW DELHI: West Bengal chief minister Mamata Banerjee on Saturday expressed confidence that her party Trinamool Congress (TMC) will emerge victorious in the assembly elections by securing more than 200 seats in the state.Addressing the counting agents via video conferencing, she dismissed the exit poll projections and recognised them as an attempt to ‘manipulate the…

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‘Not about democracy building’: What are America’s objectives in Iran? US general expects ‘more losses’

The United States has clarified its objectives in the ongoing military operations against Iran, stressing that the campaign is not a nation-building effort like the Iraq war, and warning that more US casualties should be anticipated.Speaking at a Pentagon briefing on Monday, US defense secretary Pete Hegseth said, operations in Iran are not Iraq and…

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bonhomie, bargains and a lesson in strategic autonomy

Vladimir Putin’s two-day visit to New Delhi on December 4–5, 2025 was much more than a ceremonial handshake moment. It was a deliberate geopolitical signal — a reminder that India will not be strong-armed into abandoning long-standing partnerships merely because the strategic climate has changed. The warmth between Prime Minister Narendra Modi and President Putin,…

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Real estate tycoon CJ Roy found dead in office; police suspect suicide | India News

CJ Roy, founder and chairman of real estate firm Confident Group, was found dead at his office in Bengaluru following ongoing Income Tax raids, officials said on Friday.Bengaluru City police commissioner Seemanth Kumar Singh said Roy died from self-inflicted bullet injuries.“An incident occurred today within the limits of Ashok Nagar police station, where the chairman…

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