India’s net direct tax collections surged by 15% to ₹17.78 lakh crore as of February 10, reflecting robust compliance and economic recovery. The government’s tax department continues to report strong revenue growth, driven by increased corporate and personal income tax receipts. India’s net direct tax collections increased 15% to ₹17.78 lakh crore by Feb 10,…
Ahead of the upcoming Uttar Pradesh budget session, Chief Minister Yogi Adityanath convened an all-party meeting emphasizing the importance of healthy and constructive debates on public issues. The meeting aimed to foster collaborative discussions to facilitate effective governance and policy-making during the session. Uttar Pradesh CM Yogi Adityanath urges all parties to engage in constructive…
The Government of India has proposed a new ‘lucid’ Income Tax Act aimed at simplifying tax laws to reduce disputes and litigation. The draft bill intends to modernize the tax code, enhance ease of compliance, and provide clarity to taxpayers while maintaining revenue integrity. India proposes a new Income Tax Act to simplify tax laws…
Uttar Pradesh Chief Minister Yogi Adityanath emphasized that accusations and unparliamentary behavior do not resolve issues during a recent public address. He called for constructive discussions and cooperation to address the state’s challenges effectively. Uttar Pradesh CM Yogi Adityanath urges constructive dialogue over accusations and unparliamentary conduct to effectively address state challenges. Lucknow, February 18,…
Recent data reveals fluctuating budget allocations by the Indian government for justice-related schemes over several fiscal years. These inconsistent funding patterns have raised questions about prioritization and effective implementation of justice initiatives across the country. Analysis shows fluctuating funding trends in India’s justice-related government schemes, impacting legal aid and judicial infrastructure development. New Delhi —…
The Maharashtra state government has announced that the annual budget for the fiscal year 2025-26 will be presented on March 10, 2025. This budget session is expected to outline the government’s financial plans and priorities amidst ongoing economic challenges. Maharashtra government to present its 2025-26 budget on March 10, outlining financial plans and development priorities…
Prime Minister Narendra Modi stated that India’s pharmaceutical sector could expand its market value by 150% to reach ₹10 lakh crore by fostering collaborations with academic institutions. Speaking at a key industry event, he emphasized the importance of innovation and research-driven partnerships to drive sustainable growth in the sector. PM Modi calls for stronger academia-pharma…
Despite announcing significant commitments to gender budgeting, the government’s actual budget allocations have fallen short of expectations. Experts and activists highlight a gap between promised initiatives and delivered funds aimed at promoting gender equality. Government’s gender budget commitments fall short in actual allocations, sparking calls for better implementation and transparency to promote gender equality. In…
Non-Resident Indians (NRIs) are increasingly adopting the rupee cost averaging (RCA) investment technique to mitigate market volatility and optimize returns. Financial experts highlight RCA as an effective approach for NRIs to invest systematically in Indian financial markets amid fluctuating exchange rates and uncertain economic conditions. NRIs are increasingly using rupee cost averaging to invest systematically…
Credit cards are a convenient financial tool, but improper usage can lead to costly mistakes. This article highlights six common credit card errors consumers should avoid to maintain healthy credit and avoid unnecessary fees. Discover six costly credit card mistakes to avoid for smarter financial management and maintain healthy credit scores. As the use of…
