Scindia Reviews 10 per cent GBS Use for Northeast Development
Union Minister of Communications and Development of North Eastern Region (DoNER), Shri Jyotiraditya M. Scindia, chaired a meeting of the Consultative Committee for the Ministry of DoNER at Parliament House Annexe, New Delhi, on 24 July 2025.The meeting aimed to review progress under the 10 per cent Gross Budgetary Support (GBS) allocated for the Ashtalakshmi states of the Northeast and explore ways to strengthen coordination for better development outcomes.Also present were Union Minister of State for DoNER and Education, Dr Sukanta Majumdar, and Members of Parliament from the region.The discu..
India, UK Sign Trade Pact Giving 99 per cent Exports Duty-Free Access
India and the United Kingdom have signed the Comprehensive Economic and Trade Agreement (CETA), marking a major step forward in economic partnership under the leadership of Prime Minister Narendra Modi. The agreement was formalised by Commerce and Industry Minister Piyush Goyal and the UK’s Secretary of State for Business and Trade, Jonathan Reynolds, in the presence of both Prime Ministers.CETA represents India’s most comprehensive trade pact with a developed economy to date and is aimed at doubling bilateral trade, currently valued at nearly USD 56 billion, to USD 112 billion by 2030.The..
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..
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