News

The Central Board of Direct Taxes (CBDT) signed a record 174 Advance Pricing Agreements (APAs) in FY 2024-25, marking the highest number of APAs signed in a single year since the program's launch. This achievement reflects the government's commitment to enhancing ease of doing business and providing certainty to taxpayers in the area of transfer pricing.

President Droupadi Murmu arrived in Mumbai to attend the closing ceremony of the Reserve Bank of India's 90th-year commemoration event. Prime Minister Narendra Modi inaugurated the event, highlighting the RBI's crucial role in shaping India's economic landscape and its commitment to ensuring rapid growth, trust, and stability.

Vocational teachers in Himachal Pradesh, joined by their families, are protesting against employment through private outsourcing companies and demanding direct government recruitment. Despite assurances from the government, they remain under contractual employment and face exploitation and job insecurity.

Thailand's Prime Minister Paetongtarn Shinawatra expressed gratitude for global support following the earthquake, noting the situation has largely returned to normal with ongoing search and rescue efforts. She also offered prayers and unwavering support to neighboring Myanmar, which was severely impacted by the disaster.

Andhra Pradesh's IT and HRD Minister, Nara Lokesh, announced plans to build the capital city, Amaravati, within three years and create 5 lakh jobs around Visakhapatnam in the next five years. The government also signed an MoU with Microsoft to train over 2 lakh youth in AI and advanced technology, aiming to equip them for the evolving technological landscape and create job opportunities.