central bank digital currency (cbdc)

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    Income Tax Updates: PAN Requirement Increases, HRA Exemptions Expand

    New Delhi, March 20 – The Central Board of Direct Taxes on Friday announced the rules for the Income-tax Act, 2025, which provides enhanced tax benefits for HRA to salary earners but mandates disclosure of the landlord-tenant relationship.The Income-tax Rules, 2026 will operationalize the...
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    Gujarat Launches Digital Food Coupons & Grain ATMs for Food Security

    Gandhinagar, March 16 – The Gujarat government has allocated ₹2,856 crore to the Department of Food, Civil Supplies and Consumer Affairs for 2026–27, as it expands food security coverage for nearly 75 lakh families and introduces technology-driven measures such as digital food coupons and grain...
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    Finance Minister Calls for Customer-Centric Banking, Focus on Loans and Deposits

    New Delhi, Feb 23 – Finance Minister Nirmala Sitharaman on Monday strongly criticized banks for mis-selling financial products, including insurance, to customers, urging them to focus on their core business instead."Banks should concentrate on their core business...My main concern has always...
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    Amit Shah Unveils CBDC-Based Public Distribution System in India

    Gandhinagar, February 15 – India accounts for more than half of the world's total digital transactions, Union Home Minister Amit Shah said on Sunday while launching the country's first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) in Gandhinagar, Gujarat.Speaking...
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    India's First Central Bank Digital Currency for Public Distribution

    Union Home Minister Amit Shah has reiterated the Narendra Modi government's commitment to the agricultural community, ensuring that the interests of farmers, cattle rearers, and fishermen will be protected in all international trade agreements.The Minister was speaking after launching the...
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