If your housing society is still managed by the builder and not a formal Resident Welfare Association (RWA), you might be wondering whether Goods and Services Tax (GST) applies to your monthly maintenance charges. It’s a valid concern, especially as tax scrutiny in this area grows. Here’s a breakdown of when GST applies, who needs …
The hand and power tools industry serves as a critical backbone of global manufacturing, supporting essential sectors like construction, automotive, electronics, and infrastructure. In April 2025, NITI Aayog, in collaboration with the Foundation for Economic Development, released “Unlocking $25+ Billion Exports: India’s Hand & Power Tools Sector.” This report outlines a strategic plan to scale India’s …
The Bureau of Indian Standards (BIS), under the Government of India, has announced internship opportunities for 500 students from its partner institutions. The initiative aims to deepen academic engagement in the area of standardisation and was revealed during the Annual Convention of BIS Standardisation Chairs and Nodal Faculty of MoU Partner Institutions held recently. …
In a landmark move for India’s defence industry, the country has delivered the second battery of its supersonic BrahMos missile system to the Philippines. This significant development is not only a testament to India’s growing capabilities in defence manufacturing but also underscores its expanding role in global arms exports. The delivery is part of a …
The Ministry of Road Transport and Highways (MoRTH) has firmly refuted media reports suggesting the replacement of the FASTag system with satellite-based toll collection from 1 May 2025. In a recent statement, MoRTH, along with the National Highways Authority of India (NHAI), clarified that no such decision has been made regarding a nationwide shift to …
In a move to bolster digital banking security and boost customer trust, the Reserve Bank of India (RBI) has directed all Indian banks to shift their net banking platforms to a new, exclusive internet domain — “.bank.in” — by October 31, 2025. Strengthening Cybersecurity and Enhancing Digital Trust This step, originally announced on February 7, …
The Uttar Pradesh government aims to install 8 lakh solar rooftop plants by March 2027. This initiative is part of the PM Surya Ghar Yojana which was launched in February 2024. The government aims to promote green energy and reduce reliance on conventional power sources. Focused Targets and Real-Time Monitoring For FY26, the goal is …
Amaravati, the planned capital city of Andhra Pradesh, is all set to make history. It aims to become the world’s first city powered entirely by renewable energy. With a vision to create a modern and eco-friendly “people’s capital,” the project is being built with a focus on sustainability and clean energy. Powering Amaravati with Green …
India’s young generation is independent, ambitious, and tech-savvy. But with this confidence comes a growing problem — many are defaulting on small personal loans, especially those under ₹50,000. Recent data from CRIF and the Digital Lenders Association of India (DLAI) shows that around 26% of these loans haven’t been repaid for more than 90 days, …
In a major move, the Reserve Bank of India (RBI) has announced that children aged 10 years and above can now independently open and operate their own savings and term deposit accounts. This decision, made public on April 21, 2025, aims to teach financial responsibility from an early age. RBI: Minors Can Now Operate Accounts …
