At its 56th meeting, the GST Council approved the landmark Next-Gen GST reforms 2025 aimed at making taxation simpler, fairer, and more growth-oriented. The move comes after Prime Minister Narendra Modi, in his Independence Day address, promised reforms that would ease the burden on the common man, farmers, MSMEs, women, youth, and the middle class […]
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Economy SWIFT network: Context: BRICS is challenging SWIFT. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. Established: 1973; Headquarters: La Hulpe, Belgium. Nature: A global messaging network that enables
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