Finance ministry finally takes decision on ending disputes with infrastructure companies

Nitin Gupta Appointed NFRA Chairperson

Shri Nitin Gupta, IRS (Retd.), has taken charge as Chairperson of the National Financial Reporting Authority (NFRA) as of 23 July 2025. A former Chairman of the Central Board of Direct Taxes (CBDT) from June 2022 to June 2024, Mr Gupta brings over three decades of experience in income tax administration and policy.During his tenure at CBDT, Mr Gupta spearheaded major technology-driven reforms, including automation, faceless assessments, and improved taxpayer services. He was instrumental in deploying artificial intelligence and big data analytics to boost compliance and transparency. These eff..

Amit Shah Unveils Visionary Cooperation Policy 2025

Union Home and Cooperation Minister Shri Amit Shah unveiled the National Cooperation Policy 2025 in New Delhi. The policy sets out a 25-year roadmap to transform India’s cooperative sector into a transparent, technology-enabled, and self-reliant pillar of inclusive development.Accompanied by Minister of State Shri Krishan Pal Gurjar and former Union Minister Shri Suresh Prabhu, who chaired the 40-member drafting committee, Shri Shah highlighted that the policy was finalised after consulting over 750 stakeholders, including RBI and NABARD.Shri Shah called the policy a historic step toward ach..

India Post, NIPL To Ease Global UPI Remittances

The Department of Posts (DoP), Ministry of Communications, Government of India, and NPCI International Payments Limited (NIPL), the overseas arm of the National Payments Corporation of India, have signed a Non-Disclosure Agreement (NDA) for a pioneering collaboration to revolutionise inward remittances to India.This initiative will integrate India’s Unified Payments Interface (UPI) with the Universal Postal Union’s Interconnection Platform (UPU-IP), creating a cost-effective, secure and real-time remittance solution for the Indian diaspora.The partnership aims to modernise cross-border pay..