President Droupadi Murmu has given assent to the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, marking a landmark moment for the country’s atomic energy sector. The legislation opens India’s civil nuclear domain to private companies for the first time, signaling a major shift in national energy policy. The SHANTI Bill was approved during the Winter Session of Parliament and formally notified by the government, clearing the way for private i

Pakistan’s request to reduce the 18 percent GST on condoms and other contraceptives has been rejected by the International Monetary Fund, leaving the government unable to make birth-control products cheaper in a period of rising population and financial pressure. Prime Minister Shehbaz Sharif had asked the Federal Board of Revenue to approach the IMF for immediate approval to remove the tax, but the lender made it clear that such changes cannot be made mid-year and may only be considered du

Andhra Pradesh Chief Minister Chandrababu Naidu has been selected for the prestigious Business Reformer of the Year award by The Economic Times, earning nationwide recognition for his push to transform the state into a major investment destination. The award highlights the renewed momentum in business policy, infrastructure development and industrial expansion under his leadership. With a strong focus on investor confidence and governance reforms, Naidu has positioned Andhra Pradesh as a key

Prime Minister Narendra Modi sent a strong message of economic self-reliance while inaugurating the Uttar Pradesh International Trade Show in Greater Noida. Against the backdrop of a tariff war with the United States, Modi said that “India is not ready to be dependent on anyone.” He urged traders and manufacturers to embrace the vision of Atmanirbhar Bharat by focusing on local production and promoting swadeshi goods.

The Government of India has rolled out a historic reform in the Goods and Services Tax (GST) system by eliminating the 12% and 28% slabs and restructuring the tax categories. The changes, which took effect today, bring relief to households as 99% of daily-use products will now fall under lower tax rates. However, in order to balance revenue and discourage harmful or luxury consumption, the government has introduced a new 40% GST slab for specific goods.

The Goods and Services Tax (GST) Council has approved a series of new measures aimed at easing the compliance burden for businesses in India, with a focus on reducing the registration time for MSMEs (Micro, Small, and Medium Enterprises) and start-ups. Sources confirmed to that the new policy will reduce the MSME registration time from 30 days to just three days, streamlining the process significantly. In addition, a proposal for automated GST refunds for

The Prime Minister’s Office (PMO) has approved a significant overhaul of India’s Goods and Services Tax (GST) system, paving the way for major reforms to simplify the tax structure. The proposal is set to be discussed in the upcoming GST Council meeting in August. The finance ministry has already initiated discussions on the changes, which are expected to streamline the GST system and ease compliance for businesses and consumers alike.

A new congressional proposal to reduce Medicaid funding for Washington D.C. is causing concern among officials and health experts, who warn that such cuts would have wide-reaching consequences beyond the program’s low-income beneficiaries. Medicaid is deeply integrated into the region’s health care infrastructure, and any funding reduction could disrupt care for patients across the income spectrum, affecting hospitals, clinics, and community health providers. House Rep

A proposed constitutional amendment backed by Texas Governor Greg Abbott is reigniting debate over how the state handles bail for violent offenders. Abbott says the reform would save lives, while critics warn it could exacerbate jail overcrowding and undermine due process rights. Speaking at a press conference in Houston, Abbott cited a troubling trend in the region: over 200 cases where individuals released on bond for violent charges allegedly killed Texans while awaiting trial. “For

A devastating helicopter crash that claimed six lives in New York has prompted swift action from federal authorities, with the Federal Aviation Administration announcing the immediate shutdown of the operator, New York Helicopter Tours. The decision came just days after a sightseeing helicopter carrying a pilot and a Spanish family of five broke apart midair and plummeted into the Hudson River, leaving no survivors. The crash occurred Thursday during what was intended to b

For Non-Resident Indians (NRIs), securing health and term insurance for themselves and their families back in India is more than just a financial obligation—it is a critical step toward safeguarding their loved ones and managing long-term security. As global citizens, NRIs often weigh the pros and cons of buying insurance in their country of residence versus opting for policies in India. What tips the scale in favor of Indian insurance are three strong reasons: affordability, extensive

In a noteworthy development signaling the economic progress of Andhra Pradesh, the state has recorded its highest monthly Goods and Services Tax (GST) collection in nearly a year. The GST revenue generated in the state for the month of March 2025 has reached an impressive ₹3116 crore, breaking past the ₹3000 crore milestone for the first time in the last 11 months. This also marks an 8.35 percent year-on-year growth compared to March of the previous year, indicating an upward trend in tax

As the new financial year begins on April 1, 2025, taxpayers, investors, and banking customers in India must prepare for several important changes in financial regulations. These reforms, previously announced by the government and regulatory bodies, are aimed at improving compliance, digital security, and financial transparency. Here’s a simple breakdown of the key changes that come into effect starting April 1.   1. Higher Income Tax Exemption Limit

In a significant move aimed at reshaping the American education system, US President Donald Trump signed an executive order on Thursday directing the closure of the Department of Education. This bold move aligns with long-standing Republican ambitions to transfer educational authority to individual states and reduce federal involvement in schools. The signing ceremony took place in the East Room of the White House, where Trump, surrounded by schoolchildren, proudly displayed the signed order.

The Central Pension Accounting Office (CPAO) has issued fresh guidelines to streamline the pension disbursement process for retirees under the National Pension System (NPS). The new instructions aim to ensure that pensioners receive their dues on time without unnecessary delays. In a memo dated March 12, 2025, the CPAO emphasized the need to follow the same procedural framework as the Old Pension Scheme (OPS) to avoid errors. The CPAO’s latest reminder follows an earlier directive issue

Tamilaga Vettri Kazhagam (TVK) chief and actor Vijay has expressed strong concerns over the proposed delimitation process, urging the government to ensure fair representation and conduct public consultations before finalizing any changes. In a detailed five-page statement, Vijay clarified that his party is not against delimitation but firmly believes that no state should lose its rightful representation in Parliament due to constituency redistribution.Vijay emphasized that simply increasing t

  The Texas legislative session is heating up with several high-profile issues, including the future of the Texas Lottery Commission, school choice policies, budget reforms, and controversial bills on diversity, equity, and inclusion (DEI). The discussions have sparked debate over gambling laws, education funding, and government spending. The Texas Lottery Under Scrutiny

Income Tax: Union Budget 2025 introduces a revamped tax regime, with key reforms aimed at providing relief to the middle class. The new tax slabs are as follows: Up to Rs 4 lakh - 0% Rs 4-8 lakh - 5% Rs 8-12 lakh - 10%

DTC to Be Introduced Separately: Sources have confirmed that the much-anticipated Direct Tax Code (DTC), which seeks to simplify India’s income tax laws, will be introduced separately and not as part of the Union Budget 2025. Finance Minister Nirmala Sitharaman is expected to deliver the budget speech on Saturday, but the new tax code will be presented at a later date. This move marks a shift from earlier reports suggesting the DTC would be included with the budg

Coromandel International Ltd. has won an appeal to quash an order to recover Rs 589.2 crore, including penalty and interest, from the company. The original order, filed by the additional commissioner of central tax from the Visakhapatnam Central GST Commissionerate, was contested successfully by the company. The Office of the Commissioner (Appeals), Central Tax and Customs, Guntur, ruled in Coromandel's favor on January 20, 2025. In a related matter, the fertilizer manufacturer