India's Energy Minister Ravi Kumar announces a ₹10,000 crore investment to enhance power supply infrastructure in villages. This initiative prioritizes recruitment, employee welfare, and the promotion of renewable energy sources, aiming to improve energy access and sustainability in rural areas. The government's focus on these areas reflects a commitment to modernizing energy infrastructure and supporting local communities.
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"A bright move for rural energy access!"
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The hallmarking fee for gold jewellery has risen to ₹75, impacting buyers ahead of the festive season. Effective from September 14, 2026, this fee hike does not guarantee a ₹30 increase in prices for every gold article. Understanding this change is crucial for consumers looking to purchase gold jewellery during the festive period.
The UPI MDR debate heats up as the government introduces merchant charges on transactions exceeding ₹2,000. Industry leaders like Upasana Taku from MobiKwik, Ashneer Grover of BharatPe, and Sameer Nigam from PhonePe share their insights on this controversial move. This development raises questions about the future of digital payments in India and its impact on consumers and merchants alike.
NRI visitors to India may face tax implications on their overseas salary. A Singapore-based NRI managing inherited assets questions if a three-month stay will trigger Indian tax liabilities. Understanding tax residency rules is crucial for NRIs to avoid unexpected tax burdens.
The Indian government has increased the EPF wage ceiling to ₹25,000, enhancing social security for workers. This change affects 51 lakh employees, ensuring broader provident fund coverage. Understanding how this adjustment influences your pension payout at retirement is crucial for future financial planning.