India, Dec. 30 -- The Government of India has issued a release: Key Takeaways Key Takeaways Income Tax Reforms The Income Tax Act, 2025 modernizes India's direct tax framework by simplifying and streamlining tax legislation, making it more accessible, transparent, and less prone to litigation. A key reform is the introduction of a unified "Tax Year - the twelve-month period of the financial year commencing on the 1st April", replaces the earlier concepts of Assessment Year and Previous Year....
India, Dec. 30 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today condoled the loss of lives due to a bus mishap in the Almora district of Uttarakhand. The PMO India handle in post on X said: "The loss of lives due to a bus mishap in the Almora district of Uttarakhand is extremely saddening. Condolences to those who have lost their loved ones. May the injured recover at the earliest: PM @narendramodi" Disclaimer: Curated by HT Syndication....
India, Dec. 30 -- The Government of India has issued a release: Prime Minister Shri Narendra Modi today shared an article on Reform Express 2025, reflecting upon the quiet yet cumulative work of governance that steadily cleared bottlenecks week after week. Highlighting the breadth of reforms undertaken, Shri Modi noted that from labour laws and trade agreements to logistics, energy, and market reforms, India's growth story is being built on credibility, stability, and long-term confidence. Re...
India, Dec. 30 -- The Government of India has issued a release: The Telecom Regulatory Authority of India (TRAI) has today released its recommendations on 'the Regulatory Framework for the Sale of Foreign Telecom Service Providers' SIM/ eSIM Cards for the use in M2M/ IoT Devices Meant for Export'. Department of Telecommunications (DoT), Ministry of Communications, Government of India, through its letter dated 17.09.2024, requested TRAI to provide recommendations under section 11(1)(a) of TRAI ...
India, Dec. 30 -- The Government of India has issued a release: In line with global best practices and decisions taken by the Universal Postal Union (UPU), the Department of Posts has undertaken a forward-looking initiative to modernize and strengthen international letter post services. These reforms are aimed at enhancing customer experience, service reliability, trackability, customs compliance and security, while aligning postal offerings with evolving global e-commerce standards. As part o...
India, Dec. 30 -- The Government of India has issued a release: Ministry of Defence, on December 30, 2025, signed contracts worth a total cost of Rs 4,666 crore for the procurement of Close Quarter Battle (CQB) Carbine and Heavy Weight Torpedoes. The contracts were inked in the presence of Defence Secretary Shri Rajesh Kumar Singh at South Block, New Delhi. CQB Carbine The contract for over 4.25 lakh CQB Carbine along with accessories, worth Rs 2,770 crore, for the Indian Army and the Indian ...
India, Dec. 30 -- The Government of India has issued a release: The Vice-President of India, Shri C. P. Radhakrishnan, today inaugurated the 93rd Sivagiri Pilgrimage at the Sivagiri Mutt in Varkala, Kerala. Addressing the gathering, he described Sivagiri not merely as a place of pilgrimage, but as a living philosophy and a journey of social awakening envisioned by Sree Narayana Guru. The Vice-President said that Sivagiri symbolises the harmonious integration of spiritual seeking and social res...
India, Dec. 30 -- The Government of India has issued a release: Indian Railways has achieved a major engineering milestone by completing the electrification of the Sakleshpur-Subramanya Road Ghat Section. This section is among the most difficult and technically challenging terrains on the Indian Railways network. The milestone was marked by a successful electric locomotive trial on 28 December 2025. With this, the section is now fully ready for electric train operations. With the electrificati...
India, Dec. 30 -- The Government of India has issued a release: The Department of Financial Services (DFS), Ministry of Finance organised a colloquium of Chairpersons of Debts Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debts Recovery Tribunals (DRTs) today at Vigyan Bhavan, New Delhi. Secretary, DFS addressed the participants which included senior officers of the DFS, representatives of various public and private sector banks and Indian Banks' Association. The Secretary und...
India, Dec. 30 -- The Government of India has issued a release: Union Minister of State for Personnel, Public Grievances and Pensions, Dr. Jitendra Singh, said that 2025 was a year that focused on governance reforms aimed at improving ease of living for citizens, alongside creating a more enabling and work-friendly environment for government employees. Addressing a year-ender press conference here, the Minister highlighted the year-end achievements of the Ministry of Personnel, Public Grievanc...