The Securities and Exchange Board of India (SEBI) has proposed major changes in the mutual fund industry to bring more transparency and reduce investor costs. A new consultation paper suggests that statutory levies such as Securities Transaction Tax (STT), Goods & Services Tax (GST), Stamp
India is accelerating key financial sector reforms after foreign investors withdrew nearly $17 billion from Indian equities so far this year — the largest such capital flight among major Asian markets. The outflow, triggered by heightened concerns over U.S. tariffs and tighter global regulation, has prompted a coordinated move by the Reserve Bank of India […]
Prime Minister Narendra Modi announced sweeping reforms in the Goods and Services Tax (GST) regime, set to take effect on September 22, 2025. He launched the “GST Bachat Utsav” (Savings Festival), stating that the changes will particularly benefit the poor and middle class. The revised GST and income tax measures are expected to save citizens […]
Finance Minister Nirmala Sitharaman announced that recent GST rate cuts will take effect from 22 September 2025. These cuts are expected to streamline tax slabs and reduce rates across many consumer goods. Economic Impact Projected The government estimates these reforms will inject about ₹2 lakh crore into the Indian economy by increasing cash in the […]
Supreme Court Orders Reforms in Beggars’ Homes The Supreme Court has directed all states and union territories to ensure dignified living conditions in state-run beggars’ homes. A bench of Justices J. B. Pardiwala and R. Mahadevan underlined that maintaining such homes is a constitutional responsibility and not an act of charity. Mandatory Medical Care The […]















