The filing window for Income Tax Returns (ITR) for the financial year 2024–25 (assessment year 2025–26) is expected to open shortly on the official Income Tax Department website. While the Central Board of Direct Taxes (CBDT) has not yet made an official announcement, historical trends suggest that e-filing usually commences in April. During this period, …
India is reportedly considering a bold economic move—eliminating import tariffs on high-end motorcycles such as Harley-Davidson. This potential shift, currently under negotiation, is viewed as a strategic sweetener in India’s broader trade dialogue with the United States, as reported by Bloomberg. If implemented, it would mark a significant departure from India’s traditionally protectionist approach to …
The Ministry of Electronics and Information Technology (MeitY) has introduced the Digital India Internship Scheme 2025. This initiative offers undergraduate and postgraduate students the opportunity to gain practical experience in areas like cybersecurity, digital infrastructure, public policy, and emerging technologies. The internship takes place in New Delhi and is a blend of physical and virtual …
The Department for Promotion of Industry and Internal Trade (DPIIT), in collaboration with Startup India and Stride Ventures, has officially announced the winner of the Bharat Startup Grand Challenge 2025. This initiative is designed to recognise and empower high-impact startups rooted in the Indian ecosystem. After receiving over 120 applications from 22 states in just …
India’s upstream oil and gas sector underwent a transformative phase prior to 2014 under the New Exploration Licensing Policy (NELP). Over the course of nine bidding rounds, the country successfully attracted investments exceeding ₹3,07,368 crore (approximately US$ 36 billion). These rounds collectively led to 177 oil and gas discoveries, marking a significant milestone in India’s …
India’s domestic aviation market has undergone a remarkable expansion. In 2024, the number of domestic air passengers surged to 22.81 crore, more than doubling the 10.38 crore passengers carried in the 65 years leading up to 2014. Between January and November 2024, domestic air travel recorded a 5.9% growth compared to the same period in …
Overnight Mutual Fund Schemes are low-risk options that invest in government securities for just one day. They are mainly used by stockbrokers and clearing members to safely invest client money. SEBI has now updated the cut-off timings for when the Net Asset Value (NAV) is applied during redemptions. The investments are always held in demat …
The process for setting up the 8th Central Pay Commission (CPC) has officially started. The Ministry of Finance, through its Department of Expenditure, released a circular on April 17, 2025, announcing 35 vacancies in the new commission. These positions will be filled on a deputation basis, meaning officials will temporarily work with the CPC and …
India witnessed a notable shift in foreign direct investment (FDI) patterns during the period of April 2024 to February 2025. Despite a rise in gross inflows, net FDI declined sharply, influenced by higher repatriation and an increase in outward investments by Indian firms. Recent data from the Reserve Bank of India (RBI) highlights the …
Artificial Intelligence (AI) is playing an increasingly pivotal role in reshaping India’s job market. According to the latest ‘Career Outlook Report 2025’ by TeamLease EdTech, more than 74% of employers intend to hire freshers in the first half of 2025, with AI-related roles leading this surge in demand. This trend aligns with the government’s …
