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India’s GST Collections Hit Record ₹22.08 Lakh Crore in FY25

India’s GST Collections Hit Record ₹22.08 Lakh Crore in FY25: India’s Goods and Services Tax (GST) regime, implemented in 2017, has shown remarkable growth in revenue collections. In a landmark achievement, gross GST collections reached a record high of ₹22.08 lakh crore in the financial year 2024–25 (FY25), doubling from ₹11.37 lakh crore in FY21. […]

Ravi Agrawal’s Tenure as CBDT Chairman Extended Till June 2026

Ravi Agrawal’s Tenure as CBDT Chairman Extended Till June 2026: The Government of India has extended the tenure of Ravi Agrawal as the Chairman of the Central Board of Direct Taxes (CBDT) till June 2026. This reappointment, approved by the Appointments Committee of the Cabinet (ACC), ensures leadership continuity in India’s apex direct tax policy-making […]

Post Offices to Accept UPI Payments Nationwide by August 2025

Post Offices to Accept UPI Payments Nationwide by August 2025: The Department of Posts has announced that all post offices in India will start accepting digital payments at their counters by August 2025. This transformation is enabled by a robust IT infrastructure upgrade known as IT 2.0, which introduces dynamic QR code-based payment integration with […]

RBI Tightens AePS Rules to Combat Fraud From January 2026

RBI Tightens AePS Rules to Combat Fraud From January 2026: The Reserve Bank of India (RBI) has issued a set of stringent new guidelines aimed at strengthening the operational framework of AePS touchpoints. Effective from January 1, 2026, the revised norms require stricter KYC, activity monitoring, and a ‘one operator-one acquiring bank’ rule for touchpoint […]