19 May, 2025
India’s State Capex Growth Falls to 9% in FY25 What It Means for Taxpayers and Businesses India’s states’ capex growth decelerated to just 9% in FY25, down sharply from 27% in FY24. This moderation reflects fiscal prudence, election-related spending pause, and weaker tax buoyancy. A recent analysis of 16 major states—together contributing 85% of India’s […]
Read More19 May, 2025
ITI Upgradation Scheme 2025 ₹60,000 Cr Investment to Boost Skill Development The ITI Upgradation Scheme 2025 is set to revamp India’s industrial training ecosystem.With a planned investment of ₹60,000 crore, the initiative targets 1,000 Industrial Training Institutes (ITIs) over a five-year period, aligning vocational education with real-world industry needs. Key Features of the ITI Upgradation […]
Read More19 May, 2025
Karnataka’s ₹1.2 Lakh Cr Tax Goal What It Means for Businesses In a bold move, Karnataka CM Siddaramaiah has set a commercial tax collection target of ₹1.2 lakh crore for FY 2025–26. This record goal is part of the state’s fiscal strategy to expand public welfare and infrastructure through increased tax revenue. But what does […]
Read More19 May, 2025
SION A-1303 Amended What Chemical Exporters Need to Know The Directorate General of Foreign Trade (DGFT) has amended the Standard Input Output Norms (SION) under entry A-1303, which governs the export norms for chemical products. This update impacts exporters dealing with Triethanolamine (TEA) — a key industrial chemical. Let’s simplify what this change means and […]
Read More19 May, 2025
IntroductionApple’s AI journey, especially with Siri, highlights a key lesson: even tech giants can fall behind. Siri’s failure to become a true “do engine” — despite Steve Jobs’ vision — is a wake-up call for India’s digital ambitions, especially in government tech, AI, and startup ecosystems. This blog decodes Apple’s internal AI setbacks and what […]
Read More19 May, 2025
Understanding Section 143(2) Notice What Taxpayers Must Know Section 143(2) notice is a powerful tool available to the Income Tax Department to initiate scrutiny assessment. Recently, the High Court reaffirmed that Income Tax Officers (like ACIT or DCIT) have jurisdiction to issue this notice, clarifying doubts around procedural authority. If you’re a taxpayer or tax […]
Read More19 May, 2025
Intro:Engineering and pharma boost goods exports in FY25 as India navigates global headwinds. Despite tepid global demand, sectors like electronics, agri, textiles, and chemicals have helped cushion the impact. This blog breaks down key drivers, sector trends, and government policy angles you need to know. What’s Keeping India’s Exports Afloat in FY25? The global trade […]
Read More19 May, 2025
Why Safeguard Duty on Steel Isn’t Solving the Import Problem India imposed safeguard duty on steel to protect domestic players. Despite this move, the country remains a net importer of finished steel as of April 2025. Let’s break down why the safeguard duty hasn’t delivered the full result, and what it means for Indian businesses […]
Read More19 May, 2025
CGST Delhi South Bags BIS Certification for Service Quality The focus keyphrase CGST Delhi South Commissionerate is making headlines for the right reasons — it’s now officially certified for excellence in public service delivery by the Bureau of Indian Standards (BIS) under IS 15700:2018. This certification is a mark of trust, indicating that taxpayer services […]
Read More19 May, 2025
Introduction A Fresh Pedal on GST Awareness Sundays on Cycle is CBIC’s latest initiative that blends fitness with GST awareness as India nears 8 years of Goods and Services Tax (GST). The campaign isn’t just a celebration—it’s a push to engage citizens, simplify compliance, and make tax education part of everyday life. Launched across key […]
Read More