The Latest Breaking News from CPC

8th Pay Commission update: Inclusion of revision of pension and family pension in 8th CPC terms of reference demanded by central govt employee & pensioner bodies

8th Pay Commission latest news: Pensioner and employee bodies are advocating for the revision of pensions for those who retired before 2026 under the 8th Pay Commission. They are also pressing to eliminate the 'unfunded cost' provision from the commission's guidelines. Both the Bharat Pensioners’ Samaj and AIDEF, representing millions…

The Economic Times · Aug 14

How Zhu Rongji reshaped China

Since its founding almost 77 years ago, the People's Republic of China has had eight premiers. But only two -- Zhao Ziyang and Zhu Rongji -- deserve credit for the country's economic rise. In the 1980s, Zhao translated Deng Xiaoping's vision of "reform and opening up" into policy, pushing through…

Bangkok Post · Aug 13

Ukraine halts strikes on tankers using Russian port at US request: Report

Ukraine has halted drone attacks on oil tankers following a US request. This action came after concerns about market destabilization and harm to American firms. The United States urged Ukraine to cease targeting non-Russian vessels and infrastructure. Ukraine agreed to refrain from attacking CPC infrastructure and non-Russian vessels. This move…

The Economic Times · Aug 12

Who will top the next world order?

The era in which global order rested on a US monopoly over military and economic power and values has finally come to an end, taking Europe's long period of stability with it. The world has become significantly more turbulent and uncertain, and the near future will bring even more instability.

Bangkok Post · Jul 29

8th Pay Commission latest news: 8th CPC to hold meetings in Chennai and Puducherry in September; check dates

8th Pay Commission news: The 8th Pay Commission will hold stakeholder meetings in Chennai on September 7 and 8. Discussions in Puducherry are scheduled for September 9, with appointments closing August 18. Central government employee associations in Delhi met on August 7 and 10. The commission is gathering suggestions on…

The Economic Times · Jul 27

8th Pay Commission latest news: 8th CPC announces schedule for next round of Delhi meetings; check dates

The 8th Pay Commission will hold new meetings in Delhi on August 7 and 10. Employee unions and federations can present their demands and recommendations during these sessions. Stakeholders who submitted memorandums can request appointments by July 31.

The Economic Times · Jul 24

Lady with Rs 5.28 lakh income pays no tax despite Rs 1.42 lakh STCG from equities; Know why ITAT Mumbai allowed the Section 87A rebate

Ever since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed equities in 2024, a flurry of taxpayers from across the country were left with either a tax demand or an uncertain thought. Read to know how…

The Economic Times · Jul 24

ITR filing: Received Section 143(1) intimation with tax demand? Respond within 30 days or risk being treated as an ‘assessee in default’; know how to do it

Taxpayers must respond to Section 143(1) intimations with tax demands promptly. Failure to respond within thirty days can lead to penalties. Interest accrues on unpaid demands after the stipulated period expires. Ignoring these notices may result in being classified as an assessee in default. This classification empowers the tax department…

The Economic Times · Jul 23

Rs 5.26 lakh capital loss carry forward was claimed in original ITR but a lesser claim was denied in revised ITR; Taxpayer fights back and wins in ITAT Bangalore

Filed revised ITR but lost Rs 2.99 lakh capital loss carry forward benefit claimed in original ITR; Know how a man challenged tax dept's decision and won case in ITAT Bangalore. Know how the taxpayer won the case in ITAT Bangalore.

The Economic Times · Jul 22

Four drone strikes in four days hit tankers carrying Kazakhstan's oil

Drone attacks on vessels in the Black Sea tasked with transporting Kazakhstan's oil persisted for multiple days, with Astana condemning the strikes. The CPC route carries around 80% of Kazakhstan's oil exports and more than 1% of global supply.

Euronews · Jul 21