February 24, 2026

threshold

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Centre boosts Powergrid equity threshold to Rs 7,500 crore per subsidiary; move to support 500 GW non-fossil target by 2030

contact@dailyupdatesindia.com02 mins

NEW DELHI: The government has raised Power Grid Corporation of India Ltd’s (Powergrid) equity investment ceiling in each subsidiary from Rs 5,000 crore to Rs 7,500 crore, in a move designed to bolster funding for large transmission projects and renewable energy evacuation.The cabinet committee on economic affairs (CCEA), chaired by Prime Minister Narendra Modi, approved…

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GST return filing to get easier! CBIC plans simpler process; monetary threshold for demand notices to bring relief

contact@dailyupdatesindia.com03 mins

The Central Board of Indirect Taxes and Customs (CBIC) is working on a mechanism to introduce a monetary limit for issuing GST demand notices, in a bid to reduce unnecessary disputes and avoid notices being issued on flimsy grounds, PTI reported citing a senior official on Tuesday.Shashank Priya, Member, CBIC, said the board will soon…

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