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As per clause 425 of the Income-tax (No. 2) Bill, 2025, passed by the Lok Sabha on Monday, if the advance tax shortfall is ...
The Rajya Sabha sent the legislation back to the lower house through a voice vote. This new bill is set to replace the Income Tax Act of 1961.
The new bill removes redundant provisions and archaic language reduces the number of sections and chapters in the Income Act ...
The Football Governance Act, introducing a new regulatory framework and independent football regulator for the top five tiers of men’s football ...
“This isn’t an Act of Parliament, but a royal prerogative established in the early 18th century, so it is not legally binding,” Joe Little, managing editor of Majesty, tells PEOPLE.
SEOUL, South Korea — South Korea's president on Thursday defended his decision to declare martial law last week as an act of governance and denied charges of insurrection. In an address to the ...
The European Parliament approved on Wednesday a landmark political agreement on artificial intelligence. The world’s first major set of regulatory rules to govern artificial intelligence, the AI ...
The EU AI Act, originally proposed by the Commission back in April 2021, sets rules for AI developers based on the power of their models and/or the purpose for which they intend to apply AI.
The European Parliament proposes stepping away from defining AI as “software”, as in the original text of the AI Act. It instead proposes adopting a universal, technology-neutral and future ...