In response to mounting concerns over inconsistency and perceived harassment in the Goods and Services Tax (GST) registration process, the Central Board of Indirect Taxes and Customs (CBIC) has issued a detailed set of revised instructions. These new guidelines aim to bring clarity, transparency, and uniformity in GST registration procedures across jurisdictions, while curbing unnecessary …
The Employees’ Provident Fund Organisation (EPFO) is preparing for a sweeping digital overhaul with the launch of Version 3.0. Scheduled to go live between May and June 2025, this upgrade aims to bring improved efficiency, ease of access, and faster claim settlements for over 9 crore members. Union Labour and Employment Minister Mansukh Mandaviya announced …
The wheels are finally turning on the long-anticipated 8th Central Pay Commission (CPC), as the Department of Expenditure (DoE) under the Ministry of Finance has officially begun the process of forming the new pay panel. A recent vacancy circular outlines the government’s plan to fill 35 key positions in the commission on a deputation basis. …
India is on the verge of finalising a landmark defence agreement with France for the acquisition of 26 Rafale Marine fighter jets. Slated for signing on 28 April, the deal marks a major step in bolstering the Indian Navy’s air capabilities and deepening bilateral defence ties. The high-profile signing event is expected to take …
The Ministry of Finance has officially denied media reports suggesting that the government is considering imposing Goods and Services Tax (GST) on UPI transactions over ₹2,000. In a statement released on April 18, the ministry said the claims are false and not backed by any current proposal or discussion. No Proposal Under Consideration According to …
The Securities and Exchange Board of India (SEBI) has released a consultation paper proposing changes to investment limits for mutual funds in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The is aimed at expanding investment scope and adjusting current regulatory caps. Existing and Proposed Limits Under the existing framework, mutual funds can …
Starting May 1, 2025, commuters in Pune, Pimpri-Chinchwad, and Baramati using ride-hailing platforms like Ola, Uber, and Rapido will see a change in their fare structure. In a major move towards fare transparency and regulation, all cabs under these platforms will begin charging fares as per state government-approved rates, similar to the fare structure followed …
On April 21, 2025, Indian stock markets rallied for the 5th straight session, fuelled by trade hopes and strong bank earnings. The BSE Sensex soared as much as 879 points intraday, touching a high of 79,432.78. At 12:40 PM, the 30-share Sensex stood at 79,604.44, up 1.34% from Thursday’s close of 78,553.20. Indian stock …
On April 21, 2025, as of 11:55 PM, the BSE Sensex was up 1.11% at 79,423.94, while the Nifty 50 was up 1.17% at 24,130.60. The mid-day top gainers and losers for the day are: Mid-Day Top Gainers Symbol Open High Low LTP %chng TECHM 1,304.00 1,371.90 1,303.00 1,370.20 4.85 INDUSINDBK 802 841.9 798.35 833.05 4.83 BAJAJFINSV 2,037.10 …
The Nifty 50 index kicked off the week with strong bullish momentum, rising 253.65 points or 1.06% at 24,105.30 on Monday, April 21. The index reclaimed the psychologically significant 24,000 mark, supported by robust gains in banking stocks and renewed interest from foreign investors. Key Drivers Behind Monday’s Rally 1. Banking Stocks Lead the Charge The Bank Nifty …
