Government Policies

Finance Ministry Seeks Supreme Court’s Guidance on Online Gaming Tax Notices

By Editor - News Desk
The Finance Ministry has approached the Supreme Court seeking clarification regarding the issuance of tax notices to online gaming companies. This exclusive development was first reported by CNBC-TV18, highlighting the government’s efforts to resolve ambiguities in the Goods and Services Tax (GST) framework for the growing online gaming sector. Key Issue: Tax
Government Policies

Government Introduces Credit Guarantee Scheme for MSMEs with Loans Up to ₹100 Crore

By Editor - News Desk
The Indian government has unveiled a new credit guarantee scheme designed to provide collateral-free loans up to ₹100 crore to Micro, Small, and Medium Enterprises (MSMEs). This initiative aims to facilitate capital investment in the manufacturing sector, enabling MSMEs to acquire machinery and equipment without the need for collateral or third-party guarantees. Key
National

Bank Officers’ Union Threatens Two-Day Nationwide Strike Over Wage Revision Delays

By Editor - News Desk
The All India Bank Officers’ Confederation (AIBOC), representing a significant number of bank officers across the country, has announced plans to initiate a two-day nationwide strike. The proposed industrial action is in response to prolonged delays in wage revisions and other unresolved issues concerning bank officers. Key Issues Leading to the Strike Wage Revision
Government Policies

Global Alcohol Companies Demand $466 Million from Telangana Over Payment Dispute

By Editor - News Desk
Leading international alcohol producers, such as Diageo, Pernod Ricard, and Carlsberg, are collectively seeking approximately $466 million in outstanding payments from the Indian state of Telangana. This financial dispute underscores the challenges faced by liquor companies operating within India’s state-regulated alcohol market. Background of the Dispute In India,
Defence

Government Plans Overhaul of Defence Ecosystem with Emphasis on Faster Procurement and Increased R&D Funding

By BPN News Desk
In a significant move to enhance the efficiency and self-reliance of India’s defence sector, the Ministry of Defence has declared 2025 as the “Year of Transformation.” Key initiatives include streamlining procurement processes, reducing bureaucratic hurdles, and increasing funding for indigenous research and development (R&D). Streamlining Procurement
National

ED Cracks Down on Illegal Foreign Remittances in India

By BPN News Desk
The Enforcement Directorate (ED) has launched a major crackdown on illegal foreign remittance networks in India, conducting simultaneous operations in Mumbai, Thane, and Varanasi. The investigations are part of the agency’s efforts to curb financial irregularities and hawala transactions that exploit India’s banking system. Investigative Actions The ED conducted
National

Bengaluru Becomes India’s Best City for Women: Study

By BPN News Desk
Bengaluru has been ranked as India’s most women-friendly city, surpassing Chennai, according to a recent study that evaluated the quality of life for women in urban centers across the country. The study analyzed key factors such as safety, employment opportunities, healthcare, and infrastructure to determine the rankings. Key Findings of the Study The study highlighted

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