Election integrity reporting: toll-free control room established to receive anonymous tips on suspicious cash or valuables movement.
The Directorate of Income Tax (Investigation), Delhi has set up a continuous Control Room and toll-free reporting channels to receive credible, actionable information on suspected movement or distribution of unaccounted cash, bullion and other valuables potentially for electoral use within the NCT of Delhi during the Model Code of Conduct; callers need not disclose personal identity and informant anonymity will be maintained.

Direct tax growth signals higher net and gross collections driven by corporate and personal tax receipts this fiscal year.
Provisional figures for Financial Year 2023-24 show growth in Net Direct Tax collections comprising Corporation Tax and Personal Income Tax net of refunds, with Gross collections increasing before refunds. Receipts are supported by Advance Tax, Tax Deducted at Source, Self-Assessment, Regular Assessment and other minor heads, while refunds issued during the year have also risen.

Fintech education and innovation expanded through establishment of International Fintech Institute to boost startups and research.
A loan agreement will fund an International Fintech Institute at GIFT City to deliver industry aligned fintech education, incubation and acceleration services for start ups (with emphasis on women led enterprises), and to support applied research in climate fintech, regulatory technology, social inclusion, and gender equality, including development of a state fintech readiness index and diagnostic tools for emerging technologies.

Infrastructure loan enhances peri-urban livability and mobility, improving services and governance with capacity building and PPP support.
A multilateral loan agreement finances expansion and rehabilitation of peri-urban urban services and transport connectivity in Ahmedabad, including water distribution, climate-resilient stormwater drainage, sewerage networks, sewage treatment plants, and junction improvements, expressly to benefit the urban poor, women, and migrant workers. The project also mandates institutional capacity strengthening for urban planning, climate- and disaster-resilient infrastructure, environmental and social safeguards, gender equality and inclusion, financial planning and asset operations, community awareness activities, training of women self-help groups, and facilitation of treated sewage recycling through public-private partnerships.

Advance tax compliance: e campaign will notify taxpayers of significant transactions and urge deposit of due advance tax.
The Income Tax Department will notify persons/entities with significant financial transactions via email and SMS to compute and deposit their due Advance Tax, based on an analysis of specified transactions reflected in the Annual Information Statement; recipients are directed to the e filing Compliance Portal's e Campaign tab to view these significant transactions and unregistered taxpayers are instructed to register to access the information.

Strategic engagement with multilateral development banks to deepen finance-plus collaboration and accelerate private capital mobilisation.
Seminar by the Department of Economic Affairs concentrated on strengthening strategic engagement with multilateral development banks to enhance the developmental impact of externally aided projects by integrating finance-plus and budget-plus elements, leveraging MDB roles in credit enhancement and risk management to mobilise private capital, streamlining operational processes, and promoting technology transfer and public goods discourse to accelerate transformative development.

Donation application rule clarified; CBDT explains tax and accumulation treatment of residual portion for trusts and institutions.
Finance Act 2023 limits the portion of donations treated as application for charitable or religious purposes for trusts and institutions registered under section 12AA/12AB and entities under section 10(23C); representations questioned whether the residual portion would be taxable or eligible for accumulation. The CBDT issued Circular No. 3/2024 with illustrative examples clarifying how the statutory limitation affects application and accumulation and addressing practical concerns about funds availability and tax consequences.

Audit form compliance: trusts may rectify incorrect 10B/10BB filings to avoid denial of exemption under a prescribed rectification window.
Failure to furnish the prescribed audit report form may lead to denial of exemption and tax demand; entities that submitted the wrong audit form by the earlier filing date are permitted to furnish the applicable audit report in the correct form by the extended deadline, pursuant to a published circular providing a limited rectification window to cure the procedural defect.

e-Verification Scheme: taxpayers urged to reconcile AIS mismatches and file updated ITR-U to ensure voluntary compliance.
Under the e-Verification Scheme-2021 the Department is notifying taxpayers of AIS mismatches for AY 2021-22 and urging them to view their AIS on the e-filing portal and file updated returns (ITR-U), including eligible non-filers availing the updated return mechanism, to reconcile specified financial transactions with filed ITRs.

Interoperable internet-banking payment system to streamline merchant settlement and reduce payment-aggregator integration burdens.
The Reserve Bank highlights rapid growth in digital payments led by UPI and outlines measures to expand adoption, enhance security, and improve settlement. It emphasises user onboarding under the "Har Payment Digital" mission, public-awareness and training programmes, and mandates time-bound resolution of failed transactions with compensation consequences. Security measures noted include additional factor authentication, EMV chip and PIN, tokenisation, data localisation, and mandatory reporting of payment-related frauds to the Central Payments Fraud Information Registry. An interoperable internet-banking payment system to be implemented by NPCI Bharat BillPay Ltd is approved to reduce integration burdens and speed merchant settlements.

Public infrastructure launches expand departmental housing and financial sector headquarters, enhancing service capacity and business activity.
Virtual inauguration and foundation events announce departmental residential complexes for CBDT and CBIC to provide dwelling units for officers, and DFS inaugurations of new head office and financial institution buildings at GIFT City and Chennai to enhance headquarters facilities, business activity, and customer service delivery.