ICAI has partnered with The Art of Living to integrate stress management, value-based education, and wellness initiatives for Chartered Accountants and students. The initiative aims to strengthen ethical values and professional resilience.
The Finance Ministry highlighted regulatory and enforcement challenges posed by VDAs, including crypto assets. Measures such as 30% taxation and mandatory reporting aim to curb tax evasion and enhance transparency.
The Finance Ministry clarified that December 2025 messages were part of a data-driven NUDGE compliance campaign. Over 1.11 crore revised returns generated significant additional tax revenue.
The government clarified that there is no pending proposal to exclude State-run lotteries from the 40% GST rate. The hike was recommended by the GST Council as part of rate rationalisation.
India expands affordable AI access through subsidised compute, national datasets, and large-scale infrastructure. The initiative aims to make AI innovation accessible to startups, researchers, and public institutions.
The upgraded MCA21 V3 portal processed over 3.84 crore filings in five years and resolved 98% of helpdesk grievances in FY 2025-26. The initiative strengthens compliance, transparency, and digital governance.
The Government clarified that decade-long data does not show a consistent upward trend in non-compliance. While penalties have increased in recent years, this reflects stronger enforcement rather than growing defaults.
The Government clarified how regulatory powers and red-flag indicators are used to tackle shell and dormant companies misused for capital rotation.
Parliament was informed that no antitrust or merger cases originated from Jammu and Kashmir during the year. The key takeaway is that enforcement activity in the region remained nil in 2025.
GST revenues climbed to over ₹20.5 lakh crore in 2024–25, though growth has moderated. The key takeaway is sustained expansion alongside a shift toward simpler rate structures.
