SC sets aside rulings quashing JAO notices, remits reassessment cases to High Courts

IANS | April 29, 2026 5:44 PM

New Delhi, April 29 (IANS) In a significant ruling impacting thousands of reassessment cases under the Income Tax Act, the Supreme Court has set aside a series of High Court rulings that had quashed reassessment notices issued by Jurisdictional Assessing Officers (JAOs) and remitted the matters back for fresh adjudication in light of the Finance Act, 2026.

92 pc monsoon forecast, 35 pc deficit risk cloud FY27 farm outlook

IANS | April 29, 2026 5:32 PM

New Delhi, April 29 (IANS) India’s agricultural outlook for FY27 likely to remain uneven despite underlying stability, with a 92 per cent monsoon forecast and a 35 per cent probability of deficient rainfall emerging as key risks, though strong government support is expected to provide some cushion, a report said on Wednesday.

From Maa Ganga’s blessings to modern highways: PM Modi’s development revolution in UP

IANS | April 29, 2026 5:01 PM

New Delhi, April 29 (IANS) Prime Minister Narendra Modi has once again demonstrated his visionary leadership with the inauguration of the ‘transformative’ Ganga Expressway in Uttar Pradesh. Spanning nearly 600 kilometres, this access-controlled greenfield corridor is not merely a road — it is a symbol of India’s accelerating march towards progress under his stewardship.

Rs 36,000-cr Ganga Expressway to boost logistics, real estate, industrial growth in UP: Report

IANS | April 29, 2026 4:45 PM

New Delhi, April 29 (IANS) Uttar Pradesh's nearly-600-km-long Ganga Expressway, built at a cost of around Rs 36,000 crore and inaugurated by Prime Minister Narendra Modi in Uttar Pradesh, will unlock new growth opportunities across 12 districts of the state, driving logistics, industrial and real estate development along the corridor, according to a report released on Wednesday.