Fiscal consolidation with calibrated relaxation of the fiscal deficit target to revive investment and stimulate economic growth.
Fiscal consolidation is the central policy objective, reflected in improved tax-to-GDP ratios, higher revenue receipts led by non-tax revenue and GST collections, and a projected declining path for central government liabilities consistent with the Medium Term Fiscal Policy and a lower fiscal deficit target.

Public procurement harmonization: state GeM PMU to streamline procurement processes and enable MSME onboarding and digital integration.
A Memorandum of Understanding establishes a GeM Organizational Transformation Team (GOTT) Project Management Unit (PMU) to harmonize procurement guidelines, integrate systems, assist buyer agencies in redesigning procurement processes, build competencies for digital procurement, and enable easier onboarding and transactions for MSMEs on the Government eMarketplace.

Bilateral trade target to expand commerce and investment through sectoral cooperation, mobility facilitation and value chain integration.
A diplomatic economic initiative establishes a Bilateral Trade Target to expand commerce and investment by using memoranda of understanding in investments, trade facilitation, social security, agriculture, defence and double taxation as mechanisms to promote two way investment, cross border value chains, clean energy and railway cooperation, alongside visa free travel to reduce mobility frictions and boost services and tourism links.

Undisclosed foreign assets detected in hotel group raids may attract action under Black Money Act and income-tax law.
Searches of a hotel group and its promoters uncovered substantial undisclosed foreign assets and domestic tax irregularities, prompting potential action under the Black Money Act and proceedings under the Income Tax Act. Identified foreign assets include a hotel investment and immovable properties in the UK and UAE, and deposits with foreign banks. The operation also resulted in seizure of unaccounted cash, jewellery and luxury watches, forming the factual basis for statutory enforcement and assessment under the tax and anti-black-money framework.

Agribusiness financing enables rural transformation by expanding market access, capacity building, climate resilience, and private investment.
A loan agreement finances the Maharashtra Agribusiness and Rural Transformation Project to strengthen smallholder participation in value chains, expand market access, and build climate resilience. The project funds state capacity building, private sector investment facilitation, SPS improvements, business development services, and credit linkages, and targets over one million households with a strong gender inclusion focus. Multilateral partners, including the World Bank and IFC, are engaged in project design and implementation, and the loan carries a prolonged grace period and multi year maturity to support sustained agricultural investment.

Search and seizure operations uncover large-scale unaccounted income in educational trust, triggering criminal tax investigation.
Income-tax search and seizure at 64 locations of a charitable educational group uncovered cash fees and receipts not recorded, cash repayments of loans and use of unaccounted receipts to purchase property by paying on-money; seizure of unaccounted cash was made and the group admitted a large sum as undisclosed income, with further investigations ongoing.

Undisclosed foreign assets detection prompts investigation and potential action under anti-black-money and income tax laws.
Searches of a hospitality group revealed seizure of domestic unaccounted assets and evidence that substantial funds were placed abroad via complex trust structures in tax havens; a close relative was allegedly used as a front to conceal ownership. Investigations detected undisclosed foreign assets including an overseas hotel, immovable properties and foreign bank deposits, which may attract action under anti black money legislation and domestic income tax laws, with further enquiries ongoing.

Development loan modernizes inland water transport, funding terminals, vessels, safety upgrades and institutional reform for better services.
A multilateral development loan finances modernization of Assam's inland water transport by upgrading terminals, deploying energy-efficient new and retrofitted vessels, improving navigation and safety equipment, enhancing passenger amenities with attention to women and vulnerable users, and implementing institutional reforms including corporatisation of ferry operations and establishment of a ports company, supported by strengthened regulation; the IBRD loan has a final maturity of 14.5 years including a five-year grace period.

Eligibility for simplified ITR forms expanded to permit joint owners and proviso-based filers to use Sahaj or Sugam.
Persons who jointly own a single house property and otherwise meet conditions may file returns in ITR-1 (Sahaj) or ITR-4 (Sugam) as applicable; additionally, persons required to file solely by virtue of meeting one or more conditions in the seventh proviso to section 139(1) may file in ITR-1 if otherwise eligible.