Recap of Latest updates posted on 28.06.2026
Notification no. 71/2026 dated 25.06.2026- Income tax
CBDT issued notification no. 71/2026 dated 25.06.2026 to hereby approves deductions to the University of Hyderabad for Scientific Research under the category of university, college or other institution.
Notification no. 72/2026 dated 25.06.2026- Income tax
CBDT issued notification no. 72/2026 dated 25.06.2026 to hereby approves deductions under section 45(3)(a)(i) of the Income-tax Act, 2025 to the Public Health Foundation of India, Delhi for Scientific Research under the category of University, college or other institution.
AI adoption gains momentum, returns emerge but infra lags: Industry executives
Indian enterprises are rapidly advancing in artificial intelligence (AI) adoption and a growing cohort has embedded AI into the core of operations.
Several important financial changes are set to take effect on July 1, 2026. These changes could impact taxpayers, bank customers, credit card users, passport applicants and Aadhaar card holders.
DRI has successfully unearthed and dismantled a highly organised gold smuggling syndicate operating through Mumbai Airport.
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