India pledges help to rebuild school in flood-ravaged Nepal

Unexplained income can attract a steep tax burden. But the new Income Tax Act, 2025 changes the rules for voluntary disclosure and tax department detection. Here’s what unexplained income means, how it is taxed, and what taxpayers need to know.

In a significant environmental crackdown, the Balotra district administration dismantled eleven illegal dyeing and washing units on Sunday. This operation was in line with the directives from the Special Investigation Team probing industrial pollution. Heavy machinery was employed to destroy illegal wastewater ponds, revealing illicit operations nestled in rural zones around Patodi Police Outpost.

Titan Company has shown impressive growth, reporting a staggering 63% increase in profit, largely driven by a surge in demand for jewellery during the Akshaya Tritiya festival. The consolidated income jumped by 40%, reaching around Rs 20,753 crore. Notably, jewellery sales, excluding bullion, rose by 43% to Rs 18,253 crore, while the watches and EyeCare…