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PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

PM Surya Ghar Muft Bijli Yojana First Anniversary: How to Apply for Solar Panel​ in India?

13 February 2025

Feb 13, 2025, marks the one-year anniversary of PM Surya Ghar: Muft Bijli Yojana (PMSGMBY). A year back, Prime Minister Narendra Modi launched this yojana to provide free electricity by facilitating the installation of rooftop solar panels. The scheme makes renewable energy more accessible and affordable by offering subsidies of up to 40% on rooftop …

New Income Tax Bill 2025: What’s Changing and What Remains the Same

New Income Tax Bill 2025: What’s Changing and What Remains the Same

13 February 2025

Union Finance Minister Nirmala Sitharaman will present the Income Tax Bill 2025 in Parliament today. The bill aims to simplify tax laws, remove outdated provisions, and make tax compliance easier. If approved, it will replace the Income Tax Act of 1961 and take effect from April 1, 2026. The bill will then be reviewed by …

Karnataka Unveils New Industrial Policy 2024-29 to Boost Jobs and Investment

Karnataka Unveils New Industrial Policy 2024-29 to Boost Jobs and Investment

12 February 2025

The Karnataka government has launched its Industrial Policy 2024-29, aiming to generate 20 lakh employment opportunities by 2029. The policy was unveiled at the Global Investors Meet – Invest Karnataka 2025 and focuses on boosting manufacturing growth, attracting investments, and making the approval process easier for businesses. Key Objectives of the Policy Increase the manufacturing …

Income-Tax Bill, 2025 Set to be Introduced in Parliament

Income-Tax Bill, 2025 Set to be Introduced in Parliament

12 February 2025

The draft Income-Tax Bill 2025, which aims to replace the old Income Tax Act of 1961, will be presented in Parliament on Thursday. This 622-page bill introduces simpler tax terms, updates tax rules, and modernises compliance processes. If passed, the law will come into effect from April 1, 2026. Simplified Terminology The new bill will …

Money Bill vs Finance Bill: What the New Income Tax Bill Means for India’s Budget

Money Bill vs Finance Bill: What the New Income Tax Bill Means for India’s Budget

13 February 2025

As the parliamentary session unfolds, various bills are presented for discussion, each following a distinct process to become an act. Some bills require approval solely from the Lok Sabha (the lower house), while others must also pass through the Rajya Sabha (the upper house) to gain enactment. With the recent announcement in the Budget 2025, …

CPI and IIP Data Out: Inflation Eased to 4.31% in January 2025

CPI and IIP Data Out: Inflation Eased to 4.31% in January 2025

12 February 2025

India’s inflation trends for January 2025 reveal a mixed picture, with headline inflation showing a notable decrease, especially in food prices, signalling some positive shifts for the economy. Alongside inflation statistics, industrial production data for December 2024 has also been released, offering insights into the performance of key sectors like mining, manufacturing, and electricity. Let’s …

RBI Revised OMO Operations to ₹40,000 Crore on February 13

RBI Revised OMO Operations to ₹40,000 Crore on February 13

11 February 2025

On Monday, February 10, 2025, the Reserve Bank of India (RBI) announced it will double the size of its open market operation (OMO) purchase to ₹40,000 crore on February 13, up from the previously planned ₹20,000 crore. The move aims to ease the ongoing liquidity deficit in the banking system. “Based on a review of …

Premature Redemption of Sovereign Gold Bonds (SGB): Key Details for February 2025

Premature Redemption of Sovereign Gold Bonds (SGB): Key Details for February 2025

11 February 2025

The Reserve Bank of India (RBI) has announced details for the premature redemption of Sovereign Gold Bonds (SGB) under the 2019-20 Series IX. Investors holding these bonds will have the option to redeem them on February 11, 2025, marking the first eligible early exit date for this tranche. Eligibility for Premature Redemption SGBs come with …

India Energy Week 2025 – ‘Panchamrit’: India’s 5-Point Pledge Towards Climate Change

India Energy Week 2025 – ‘Panchamrit’: India’s 5-Point Pledge Towards Climate Change

11 February 2025

India Energy Week (IEW) 2025 has officially commenced at Yashobhoomi, Dwarka, New Delhi, from February 11th to 14th, 2025. As one of the most anticipated global energy events, it brings together industry leaders, policymakers, innovators, and professionals to shape the future of energy. With over 700 global exhibitors and 70,000+ attendees, the event serves as …

India – EFTA Trade Pact: US$ 100 Billion FDI Commitment Could Unlock US$ 400-500 Billion Investment

India – EFTA Trade Pact: US$ 100 Billion FDI Commitment Could Unlock US$ 400-500 Billion Investment

11 February 2025

The recently announced Trade and Economic Partnership Agreement (TEPA) between India and the European Free Trade Association (EFTA) is set to bring substantial foreign investment to India. According to Union Minister of Commerce & Industry, Mr. Piyush Goyal, EFTA nations—comprising Iceland, Liechtenstein, Norway, and Switzerland—have pledged Rs. 8,74,500 crore (US$ 100 billion) in Foreign Direct …

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