UAE Clarifies Corporate Tax on Exempted-REITs: Investors to Be Taxed on 80% of Property Income from 2025, Subject to Conditions

The Delhi High Court refused to grant bail to a railway officer who was implicated in a corruption case being investigated by the Central Bureau of Investigation (CBI). The court stated that the CBI is not "helpless" under the Prevention of Corruption (PC) Act, implying that there was sufficient evidence and legal grounds to justify the officer's continued detention. The denial of bail suggests that the court found compelling evidence indicating the officer's involvement in corrupt practices, thus warranting the deprivation of liberty while further legal proceedings take place. This underscores the judiciary's strong stance against corruption within public service.