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Awareness drive for AY 2024-25 launched by CBDT

Compliance with Schedule FA and FSI is mandatory under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, which requires the full disclosure of foreign assets and income.

India gets its first aluminum freight rake, know all about it

The Ministry claimed that it has a higher payload-to-tare ratio of 2.85 which will reduce the carbon footprint as lower consumption of fuel in empty directions and more transport of freight in a loaded condition. A single rake can save over 14,500 tonnes of CO2 over its lifetime.