Economy National

GST Council Considers Eliminating 12% Slab to Boost Consumption

By BPN News Desk February 14, 2025

In a strategic move to stimulate consumer spending and simplify the tax structure, the Goods and Services Tax (GST) Council is deliberating the elimination of the 12% tax slab. This proposal aims to reassign items currently taxed at 12% into either the 5% or 18% categories, thereby streamlining the GST framework. GST Rate Rationalization The […]

National Politics

Rahul Gandhi Criticizes PM Modi’s Stance on Adani Allegations

By BPN News Desk February 14, 2025

In a recent development, Leader of Opposition in the Lok Sabha, Rahul Gandhi, has intensified his criticism of Prime Minister Narendra Modi concerning allegations against industrialist Gautam Adani. Gandhi accused the Prime Minister of “shielding” Adani by dismissing corruption allegations as a “personal matter.” Gandhi’s Accusations Against

Infrastructure

Delhi Airport Announces ₹5,625 Crore Expansion Plan to Boost Capacity

By BPN News Desk February 14, 2025

Delhi International Airport Limited (DIAL) has proposed a capital expenditure of ₹5,625 crore over the next five years to enhance infrastructure and increase passenger handling capacity at Indira Gandhi International Airport (IGIA). This plan has been submitted to the Airports Economic Regulatory Authority of India (AERA) for approval. The expansion strategy includes

Defence

Russia Offers AL-41 Engine Upgrade for India’s Sukhoi-30MKI Fleet

By BPN News Desk February 14, 2025

At Aero India 2025, Russia has proposed an upgrade for India’s Sukhoi-30MKI fighter jets by equipping them with the advanced AL-41 engine, which is currently used in Russia’s fifth-generation Sukhoi-57 stealth fighters. The offer aims to enhance the performance and operational capabilities of the Indian Air Force’s (IAF) frontline combat aircraft. The

Defence National

India Anticipates $200 Million Akash Missile Deal with Philippines

By BPN News Desk February 13, 2025

India is poised to finalize a significant defense agreement with the Philippines, involving the sale of Akash surface-to-air missile systems valued at over $200 million. This prospective deal underscores the deepening defense collaboration between the two nations, particularly amid escalating regional security concerns. Strengthening Defense Ties The anticipated agreement

Infrastructure

Ministerial Group Reviews Key Infrastructure Projects Under PM Gati Shakti

By BPN News Desk February 13, 2025

On February 12, 2025, a ministerial group convened to assess the progress of five significant infrastructure projects under the PM Gati Shakti National Master Plan. The meeting, led by E. Srinivas, Joint Secretary at the Department for Promotion of Industry and Internal Trade (DPIIT), focused on developments in Delhi, Uttar Pradesh, Haryana, Maharashtra, Telangana, and

Government Policies

Government Proposes Stringent Penalties for Illegal Entry into India

By BPN News Desk February 13, 2025

The Immigration and Foreigners Bill, 2025, proposes up to five years imprisonment and fines up to ₹5 lakh for illegal entry into India, aiming to strengthen immigration control.

Government Policies

Parliamentary Panel Urges Review of National Highway Toll Policies

By BPN News Desk February 13, 2025

The Public Accounts Committee recommends that the central government reassess toll tax regulations for National Highways to ensure a fair and transparent system for commuters.

Economy National

Piyush Goyal Highlights Consumption and Investment as Twin Pillars of India’s Economic Growth

By BPN News Desk February 13, 2025

Commerce and Industry Minister Piyush Goyal has emphasized that India’s economic growth can be significantly boosted by a combination of consumption-led and investment-led strategies. Speaking at the Invest Karnataka event in Bengaluru, he stated, “Economists will tell you that consumption-led growth, coupled with investment-led growth, can together become the

Economy National

New Income Tax Bill 2025 Introduced in Parliament

By BPN News Desk February 13, 2025

Finance Minister Nirmala Sitharaman introduced the Income Tax Bill 2025 in Parliament, marking a significant step towards tax reforms in India. The proposed legislation aims to replace the Income Tax Act of 1961 with a more structured and modern framework, enhancing compliance and transparency. Key Features of the Income Tax Bill 2025 The new bill […]