Top headlines: Income in US on I-T radar, Sri Lanka cabinet resigns

Union Minister Piyush Goyal says people are looking at India as an emerging global superpower. More on this in our top stories.

The Central Board of Direct Taxes (CBDT) has rolled out an aggressive target and timeline to investigate tax evasion matters, especially those involving undisclosed foreign assets. The Cabinet in Sri Lanka has resigned succumbing to pressure from protests over the country's economic crisis. Scroll further down for more on these and other top stories this morning.

Income in US on I-T radar in FY23, non-disclosure to invite action

Indians having undisclosed income in the United States (US) may face proceedings under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, this financial year. Also,