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    Sales Tax Assistant Commissioner arrested for demanding bribe of Rs 8 lakh
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    BRICS grouping discussing linking CBDCs, fast payment systems: RBI Guv Malhotra
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    August 11, 2026
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    GST inquiry closure bribery allegations prompted anti-corruption proceedings against a Sales Tax officer under corruption law.
    Alleged bribery in GST inquiry closure led to the arrest of a Sales Tax Assistant Commissioner after a scrap trader complained of a demand for illegal gratification to close an inquiry initiated through a GST show-cause notice. Anti-corruption officials reportedly verified the allegation through intermediaries, during which the officer allegedly agreed to accept payment for closing the matter. A criminal case was registered under the Prevention of Corruption Act, with further investigation ongoing.
    August 11, 2026
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    Direct tax collection growth reflected stronger non-corporate taxes and securities transaction tax receipts alongside slower refund issuances.
    Net direct tax collections increased by 23 per cent to over Rs 8.11 lakh crore through August 10, driven by higher non-corporate tax collections and slower refund growth. Gross direct tax collections grew by 19.75 per cent to about Rs 9.55 lakh crore. Net corporate tax collections rose about 20 per cent, net non-corporate tax collections rose 23 per cent, and Securities Transaction Tax collections increased 51 per cent. Refund issuances grew by 3.8 per cent year-on-year.
    August 11, 2026
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    Vicarious liability in cheque dishonour cases cannot attach to trust associates without statutory status or transaction-specific involvement.
    Vicarious criminal liability for cheque dishonour under section 141 of the Negotiable Instruments Act does not extend to a trust, because a trust is not a juristic person. A person cannot be summoned merely for alleged active involvement in a trust where the person was neither drawer nor signatory of the cheques, trustee, office-bearer, authorised account operator, guarantor, or executor of transaction documents.
    August 11, 2026
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    Cross-border payment integration through CBDCs and fast payment systems remains under BRICS discussion to reduce transfer costs.
    Cross-border payment integration is under discussion through potential linkages between central bank digital currencies and fast payment systems, including UPI-type platforms. These approaches seek faster and less costly trade and remittance transfers, particularly retail payments, but remain at a discussion stage. Rupee internationalisation is also being pursued through central-bank memorandums of understanding for bilateral trade settlement in local currencies, with existing arrangements covering Indonesia, Maldives, Mauritius and the UAE.
    August 11, 2026
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    Integrated infrastructure planning under PM GatiShakti coordinates project evaluation, multimodal connectivity, geospatial data use, and decentralized implementation.
    PM GatiShakti National Master Plan provides an integrated, data-driven infrastructure planning framework using geospatial data, satellite imagery and API integration. Project approval, implementation and funding remain with the respective Central Ministries, Departments and States or Union Territories under their own plans and budgetary provisions; the framework sets no separate budgetary allocation or quantified targets. The Network Planning Group evaluates critical Central Government projects at the planning stage for multimodality, synchronisation, last-mile connectivity, comprehensive local development and coordinated decision-making.
    August 11, 2026
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    MSME procurement through GeM has expanded alongside analytics-driven controls against suspicious bidding, collusion, and vendor misconduct.
    GeM uses AI/ML analytics to detect order splitting, suspicious bidding, abnormal pricing, repeated participation and potential buyer-seller collusion. Flagged cases are placed before buyer organisations for review and action, while suspected cartels are assessed through digital-footprint, pricing and bid-timing indicators. Its Incident Management framework addresses false documents, fraud, collusive behaviour and other misconduct through administrative measures, including suspension. Anti-competitive conduct and cartel formation are Severe/Grave deviations, with proven cases attracting suspension for up to 365 days.
    August 11, 2026
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    Direct tax collections show stronger corporate, non-corporate and securities transaction tax receipts, alongside increased refunds during the fiscal period.
    Net direct tax collections grew by 23.09 per cent to over Rs 8.11 lakh crore up to August 10 of the current fiscal year, while gross direct tax collections increased by 19.75 per cent to about Rs 9.55 lakh crore. Corporate tax, non-corporate tax including personal income tax, and Securities Transaction Tax receipts recorded growth. Refunds issued between April 1 and August 10 also rose over the corresponding earlier period. Direct tax collections are budgeted at Rs 26.97 lakh crore for the fiscal year.
    August 11, 2026
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    Mobile food testing laboratory accreditation expands quality-assured testing access and supports coordinated food-safety surveillance and regulatory efficiency.
    NABL has launched an Accreditation Scheme for Mobile Food Testing Laboratories under the Integrated Assessment Programme. The framework enables mobile laboratories to provide reliable, quality-assured and internationally benchmarked food-testing services closer to communities, extending accredited testing beyond conventional laboratory settings. It is intended to strengthen food-safety surveillance, improve access to quality testing, support faster regulatory intervention and enhance consumer confidence. Coordinated assessments, regulatory harmonisation and mutual recognition are also intended to reduce duplication and improve regulatory efficiency while maintaining quality and compliance standards.
    August 11, 2026
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    Digital public procurement will expand AI-led price intelligence, marketplace integrity, inclusive access, credit linkages and sustainable purchasing.
    Government e-Marketplace is advancing an AI-enabled public procurement ecosystem focused on efficiency, transparency, competition, price intelligence and marketplace integrity. Priorities include last-mile access through Suvidha Kendras, integration of public entities, credit linkages, sustainable procurement and university outreach. A nationwide five-digit Helpdesk short code, 14550, mapped to existing infrastructure, is intended to maintain service continuity and improve access to support and official communications. The platform seeks to provide enterprises with a more accessible and predictable procurement market and buyers with a data-driven procurement experience.
    August 11, 2026
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    Expedited flood insurance claims require insurers and partners to simplify documentation and provide immediate service to affected policyholders.
    Expedited insurance-claim handling for flood-affected policyholders in Assam is being pursued through simplified documentation, prompt settlement and immediate service response. PolicyBazaar is coordinating with insurer partners to reduce processing delays. The Insurance Regulatory and Development Authority of India has directed insurers, including life insurers and standalone health insurers, to mobilise resources for immediate assistance, alongside governmental efforts for expeditious and hassle-free claim disposal.
    August 11, 2026
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    Money laundering investigation in alleged liquor scam leads to arrest and proposed custodial-remand proceedings under anti-money-laundering law.
    Money laundering investigation concerning an alleged liquor scam in Chhattisgarh led to the arrest of Congress leader Ramgopal Agrawal under the Prevention of Money Laundering Act. Custodial remand is to be sought for interrogation. The allegations concern an alleged syndicate that purportedly controlled the state excise department, enabled illegal liquor sales and distributed resulting commissions. Chargesheets name political figures, excise officials and officials associated with the Chief Minister's Office.
    August 11, 2026
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    Money-laundering investigation into an alleged liquor scam leads to arrest and proposed custodial interrogation under the prevention law.
    Money-laundering investigation under the Prevention of Money Laundering Act concerns an alleged liquor scam in Chhattisgarh. A former state political party treasurer has been arrested for alleged involvement and is to be produced before a local court for a request for custodial interrogation. The alleged scheme is stated to have involved control of the state excise department by a criminal syndicate, with multiple accused named in six chargesheets.
    August 11, 2026
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    Immediate FIR registration for every missing person is mandatory, with missing children treated as suspected kidnapping or abduction cases.
    Immediate FIR registration is required whenever information is received that any person is missing, irrespective of age or gender, without preliminary inquiry. Missing-person FIRs must include relevant provisions concerning kidnapping and trafficking. A missing child must be treated from the outset as a suspected case of kidnapping or abduction. States and Union Territories may face contempt action for non-compliance. Traced children should ordinarily be restored to their families within 24 hours unless trafficking or exploitation by the family is suspected.
    August 11, 2026
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    Money-laundering investigation targets alleged chit-fund collections, investor-fund diversion, concealed deposits, and irregular land transactions.
    Money-laundering investigation into an alleged multi-state chit-fund scheme involved searches at premises linked to Wellfare Buildings and Estates Pvt Ltd and its directors, seizure of cash, vehicles, property-related records and digital devices, and freezing of bank accounts. The alleged scheme concerns unauthorised public-fund collection through land-allotment schemes, followed by closure of operations. Allegations include diversion of investor funds, manipulation of financial statements to conceal deposits, and irregular land transactions intended to suppress actual consideration and evade statutory obligations.
    August 11, 2026
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    Rupee exchange-rate pressure intensified as crude oil, regional uncertainty and weaker equities constrained the local currency in early trade.
    Foreign-exchange market conditions placed the rupee under pressure against the US dollar amid West Asia uncertainty, higher crude oil prices, and weaker domestic equity markets. Foreign institutional investor inflows and Reserve Bank of India intervention supported the rupee and limited further depreciation. Reported dollar sales through state-run banks helped contain downside pressure despite rising Brent crude prices and uncertainty concerning the Strait of Hormuz.
    August 10, 2026
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    GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
    Punjab's GST amendments facilitate voluntary compliance and reduce procedural burdens by allowing a 90 per cent provisional input tax credit refund in inverted duty structure cases and removing the minimum threshold for IGST refunds on exported goods. Additional measures cap annual fee increases by private unaided educational institutions, establish digital open universities for technology-enabled higher education, protect trees and green cover, and address common infrastructure, panchayati raj, and contractual engagement of outsourced State personnel.
    August 10, 2026
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    Video-conference statements for an approver application were declined, requiring the accused's statement to be recorded before consideration.
    Special CBI Court rejected an accused's request to record her statement through video conferencing in a bank-fraud prosecution. The accused had sought to become an approver, and her statement was required to be recorded before consideration of that application. She and her husband had previously become approvers in a related money-laundering matter involving alleged fraudulent Letters of Undertaking.
    August 10, 2026
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    Fuel price transparency highlights allegations over excise duty, consumer retail costs, and profit disclosures by state-run oil marketing companies.
    Fuel pricing, central excise duty and profits of state-run oil marketing companies are examined through allegations that retail fuel prices and tax policy imposed excessive costs on consumers while generating substantial company profits. The criticism contrasts high crude-price periods with lower retail prices and lower excise duty against a later period in which reduced crude prices were allegedly not passed through to consumers. Profit-margin disclosure is also raised as a transparency issue, with parliamentary information described as covering oil prices, global crude prices and company profits.
    August 10, 2026
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    Discharge in money-laundering proceedings turns on whether pre-charge material sufficiently establishes the alleged offence.
    Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
    August 10, 2026
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    High-speed rail indigenisation and infrastructure performance monitoring require skills development, comparative planning, measurable station assessments and freight-terminal dashboards.
    Parliamentary oversight calls for accelerated indigenisation of high-speed rail components, capacity-building through international expertise, and comparative study of successful high-speed rail systems for future corridors. Redeveloped stations should be assessed through measurable indicators concerning passenger use, accessibility, cleanliness, commercial occupancy, maintenance and feedback, with completed-project practices documented and shared. Operational cargo terminals and cargo-related facilities should be monitored through a digital dashboard covering utilisation, rake performance, mechanisation, connectivity, safety compliance and customer satisfaction.

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      DairyKhata: Venugopal Naidu's Vision to Empower 80 Million Dairy Farmers in India

      June 24, 2025

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      We live in a country where cows are not just livestock, but people consider them to be their family members. The dairy industry forms the backbone of the rural economy of India. Yet, despite 80 million Dairy Farmers contributing to the world's largest milk-producing country, the sector remains plagued with inefficiencies, cattle neglect, and a lack of tech-driven support.

      Venugopal Naidu Puvvada, the founder of DairyKhata, an AI-first Dairytech Platform, is addressing these deep-rooted challenges in association with Rashtriya Gau Sevak Sangh (RGSS) and is changing the way India manages its cattle and dairy farm.

      The Turning Point with Dairykhata: From Distress to Disruption The inspiration behind DairyKhata was personal and emotional. Venugopal Naidu Puvvada, founder of DairyKhata, recalls the moments vividly, "During a visit to a village in Andhra Pradesh, I saw over 45 non-milking cows abandoned on the roadside. These cows were once seen as milk-yielding assets but were now seen as liabilities. That broke my heart and stayed with me for a long time.

      I knew right then- we needed a system that supports dairy farmers even when the cows stop producing milk." Venugopal Naidu Puvvada further added, "After doing further research on the dairy industry and its challenges, I realized that 90% of the dairy industry is unorganized.

      The tech was the solution to bridge the gap and resolve the challenges dairy farmers were facing. After visiting 100+ villages with my team and spending 3 years in deep research and interacting with thousands of gaupaalaks and dairy farmers, I came up with Dairykhata, and I knew back then that it would change the game for dairy farmers and see how it lived up to the expectations." With his solid background and over 20 years of experience in tech, as well as his association with Rashtriya Gau Sevak Sangh and Hindrise as a Trustee, he believes that cow protection and improving the lives of dairy farmers go hand in hand through data, transparency, and intelligent tools.

      Venugopal Naidu's Digital Leap with Dairykhata Launched with a mission to empower Gaushalas and dairy farmers digitally, DairyKhata is a powerful AI-powered ecosystem developed for ease and profit doubling for farmers and Gaushala Sanchalaks.

      Shedding light on Dairykhata, Founder Venugopal Naidu Puvvada said, "Today, DairyKhata handles over 2.5 million animal records. It tracks 5,00,000 litres of milk production daily. Furthermore, it helps in managing ₹100 crore+ in annual farmer transactions. A dairy farmer using Dairykhata knows the exact cost of raising each cow, the profit per litre of milk, and even receives vaccination reminders, all on a basic smartphone. That's the power of data when it is built for the grassroots." The features of Dairykhata include a cattle health dashboard, timely vaccination reminders, Bloodline details, Gaushala Management with multi-cattle tracking, income expense logs with real-time alerts, Milking vs. non-milking cow records, Customer order and delivery scheduling, production and insight dashboards, farmer and supplier ledger system, etc.

      Venu's Vision in Alignment with PM Modi's Vision of Doubling Farmer Income One of the most ambitious goals set by Prime Minister Shri Narendra Modi is to double the income of Indian farmers. Venugopal Naidu Puvvada believes that his vision is in alignment with PM Modi's vision of doubling farmer income and profit maximization.

      Venugopal Naidu Puvvada added, "As Modiji said, farmer income can't double without managing input costs and improving productivity. We have made that happen through DairyKhata.

      With the help of DairyKhata software and app, farmers are saving ₹1,200–₹1,500 per cow every month by reducing medical emergencies, eliminating human errors, and improving feed planning. That's an annual saving of ₹18,000 per cow. So, you can just imagine the healthy numbers for 20 crore cattle in India." A Cow-centric Economy with Tech at its Core Venugopal Naidu Puvvada's work is a movement of Gauseva Through the smart farmer initiative. Venugopal Naidu Puvvada said," Through Rashtriya Gau Sevak Sangh, we are conducting Gau-samarthan drives and software integration programs in 10,000+ villages. Every time a farmer logs data about his cow's health and tracks milk output using DairyKhata software, he's stepping into the future. We have not just built a product, but we have developed a Gau-based economic model where every cow becomes an asset, not a burden." With active users in 20 Indian states and expansion plans in the Middle East and European Countries, Dairykhata aims to be the world’s most farmer-friendly dairy tech platform. “By 2027, we want to digitize 50 million cows and aim for a ₹10,000 crore economic impact through optimized productivity, savings, and improved cattle welfare. When you give a farmer control over his cows, his costs, and his customers, you are helping him grow his revenue and revive Bharat’s ancient wisdom with modern tools. That’s what Dairykhata is all about.” Venugopal Naidu Puvvada walked away after this statement.

      Dairykhata has emerged as a beacon of gau-preneurship, where tradition and technology share an incredible bond, and every farmer becomes an empowered entrepreneur.

      (Disclaimer: The above press release comes to you under an arrangement with NRDPL and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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