Economy National

WhatsApp Messages Help Uncover ₹200 Crore Tax Evasion

By BPN News Desk March 26, 2025

Union Finance Minister Nirmala Sitharaman recently defended the provisions of the new Income Tax Bill, 2025, emphasizing the role of digital evidence in uncovering financial misconduct. The minister revealed that WhatsApp messages were instrumental in uncovering ₹200 crore linked to tax evasion through crypto assets. This revelation came during her address to the Lok

National

45,811 Cooperative Societies Under Liquidation in India

By BPN News Desk March 26, 2025

The Indian government recently revealed that a total of 45,811 cooperative societies out of the 8.32 lakh registered societies are currently under liquidation. The Minister of Cooperation, Amit Shah, provided these figures in a response to the Rajya Sabha, highlighting that as of March 2025, 6.37 lakh societies remain operational, while over 1.5 lakh are […]

National

India Faces $346 Billion Debt Challenge Amidst Pandemic Borrowing

By BPN News Desk March 26, 2025

India confronts a significant fiscal challenge with sovereign bonds totaling Rs 29.6 lakh crore (approximately $346 billion) maturing over the next five years. This substantial debt accumulation stems from extensive borrowing during the pandemic to support various relief measures. Government’s Debt Management Strategy To address this looming debt burden, the

Automobile Electric Vehicles

Maharashtra Government Withdraws EV Tax on Luxury Cars

By BPN News Desk March 26, 2025

In a significant development, the Maharashtra government has announced that it will withdraw its proposal to impose a 6% tax on electric vehicles (EVs) priced above Rs 30 lakh. This decision, confirmed by Chief Minister Devendra Fadnavis, comes as the state aims to support the growing demand for luxury electric cars. Luxury EV Market Growth […]

International

Trump Accuses Putin of Delaying Ceasefire Amid New Black Sea Truce

By BPN News Desk March 26, 2025

U.S. President Donald Trump has voiced concerns that Russian President Vladimir Putin may be deliberately delaying the finalization of a ceasefire agreement with Ukraine. While acknowledging that both sides seem interested in ending the conflict, Trump remarked, “I think that Russia wants to see an end to it, but it could be they’re dragging their […]

International

IMF Approves $1.3 Billion Loan for Pakistan

By BPN News Desk March 26, 2025

The International Monetary Fund has approved a $1.3 billion loan for Pakistan under a newly proposed 28-month climate resilience program. This package comes alongside the first review of Pakistan’s ongoing 37-month bailout program, which will now unlock a total of $2 billion in combined disbursements, including $1 billion from the previously agreed facility. The loan

Defence National

GE Aerospace Delivers First F404-IN20 Engine for India’s Tejas Mk1A

By BPN News Desk March 26, 2025

GE Aerospace has delivered the first F404-IN20 engine to Hindustan Aeronautics Limited (HAL) for integration into India’s Tejas Light Combat Aircraft (LCA) Mk1A. This marks a significant milestone for India’s indigenous fighter jet program, especially after a two-year delay caused primarily by global supply chain disruptions. The delivery is expected to accelerate the

North India State News

Delhi CM Rekha Gupta Unveils ₹1 Lakh Crore ‘Historic’ Budget

By BPN News Desk March 26, 2025

Delhi Chief Minister and Finance Minister Rekha Gupta has unveiled a historic ₹1 lakh crore Budget for 2025-26, marking a 31.5% increase over the previous year. Terming the announcement as a break from past stagnation, Gupta emphasized that capital expenditure has been doubled to ₹28,000 crore, prioritizing infrastructure upgrades and long-term developmental projects.

International

India Rejects U.S. Panel’s Religious Freedom Report as Biased

By BPN News Desk March 26, 2025

India has strongly rejected the recent report by the U.S. Commission on International Religious Freedom (USCIRF), calling it a “continued pattern of biased and politically motivated assessments.” The Ministry of External Affairs (MEA) stated that the findings presented in the report misrepresent facts on the ground and fail to acknowledge India’s

Uncategorized

Tarzan in the Tax Jungle: How the Indian Middle Class Swings from Salary to Survival

By BPN News Desk March 26, 2025

Meet Tarzan. He’s educated, salaried, law-abiding, and hopelessly optimistic. Every month, he swings into his office with a smile, his ₹60,000-per-month vine of hope tightly gripped—only to find that the jungle he’s swinging through has been cleverly converted into a maze of taxes. And the government? Oh, they’re not the ones building ladders or leaving […]