October 17, 2026
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Supreme Court Criticizes Enforcement Directorate Over Low Conviction Rate in Money Laundering Cases

In a stern rebuke to the Enforcement Directorate (ED), the Supreme Court highlighted the agency’s poor track record in securing convictions under the Prevention of Money Laundering Act (PMLA). During a hearing on Wednesday, the Court observed that only 40 convictions had been achieved out of 5,000 cases, questioning the ED’s reliance on witness statements […]Continue Reading
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Revised Long-Term Capital Gains Tax Proposal Offers Taxpayers More Flexibility

Union Finance Minister Nirmala Sitharaman announced a revision to the long-term capital gains tax proposal on real estate during the Monsoon session of Parliament on August 7. The updated measure allows taxpayers to choose between calculating their tax liability under the old system with indexation benefits or opting for reduced rates without indexation, to alleviate […]Continue Reading
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ED Files Supplementary Charge Sheet Against Lalu Prasad Yadav in Land-for-Jobs Scam

The Enforcement Directorate (ED) has submitted a supplementary charge sheet against former Union Railway Minister Lalu Prasad Yadav, his son Tejashwi Yadav, and eight others in a money laundering case linked to the land-for-jobs scam. The charge sheet was filed before Delhi’s Rouse Avenue Court, which will hear arguments from both sides on August 13. […]Continue Reading
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Indian Wrestler Vinesh Phogat Stuns Tokyo Gold Medallist in Paris Olympics

Indian wrestler Vinesh Phogat achieved a sensational victory at the Paris Olympics on August 6, defeating Tokyo Olympics gold medallist and four-time World Champion Yui Susaki in the Round of 16 of the women’s 50kg category. Phogat triumphed over the top-seeded Japanese wrestler with a narrow 3-2 win, marking Susaki’s first international defeat. Phogat’s Continue Reading