Modi 3.0: Top 4 ministries unchanged; PM to handle high profile portfolios including Space and Atomic Energy

News Network
June 10, 2024

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New Delhi: Prime Minister Narendra Modi's cabinet in his historic third term will retain the known faces in the big four ministries - Amit Shah will retain the Home portfolio, Rajnath Singh Defence, Foreign ministry will be retained by S Jaishankar and the Finance ministry by Nirmala Sitharaman. 

The Prime Minister himself will handle the Ministry of Personnel, Public Grievances and Pensions, the Department of Atomic Energy and the Department of Space.

Many of the ministers have been retained with their last jobs in the interest of continuity as well. Among them is Nitin Gadkari, who will retain the Road Transport and Highways ministry with two juniors under him -- Ajay Tamta and Harsh Malhotra. The 67-year-old has been the longest serving minister in the department and has been credited with the building of construction of more than 54,858 km of national highways over the last 10 years.

Piyush Goyal has retained the Commerce portfolio.

JP Nadda, the health minister in PM Modi's first cabinet, has been brought back with the same portfolio. He has also been given additional charge of the Chemicals and Fertilisers department.

The plum portfolios of I&B and railways will be handled by Ashwini Vaishnaw. The Civil Aviation Ministry has changed hands from Jyotiraditya Scindia to TDP's Ram Mohan Naidu, the youngest minister in the cabinet. Mr Scindia has been put in charge of the Telecom ministry.

Two former Chief Ministers from the key BJP states of Haryana and Madhya Pradesh, who have been brought to the Centre, have been allocated significant responsibility. Manohar Lal Khattar will handle two key ministries -- Power and Housing and Urban Affairs. For the first, he would have the assistance of junior minister Shripad Naik, for the second, Tokhan Sahu, the first-time minister from Chhattisgarh.

Shivraj Singh Chouhan, the four-time Chief Minister of Madhya Pradesh, will handle the key ministry of Agriculture, and the related Farmers Welfare and Rural Development ministries.

Former Minister for Earth Sciences and Food Processing, Kiren Rijiju, has been put in charge of Parliamentary Affairs, previously handled by Pralhad Joshi. Mr Joshi has been moved to the Food, Consumer Affairs and Renewable Energy department.

CR Paatil will be in charge of Jal Shakti ministry and Bhupendra Yadav, Environment. Giriraj Singh has been shifted to Textiles -- a department handled by Smriti Irani. Annapurna Devi will be in charge of the other portfolio handled by Ms Irani -- Women & Child Development. Mansukh Mandavia has been put in charge of Labour and Employment and Sports and Youth Affairs.

Ravneet Singh Bittu -- the grandson of former Punjab Chief Minister Beant Singh who was assassinated in 1995 -- will be the junior minster for food processing and railways. Mr Bittu has lost the election from Ludhiana and will have to get a seat in either house of parliament within the next six months.

Among allies, former Bihar Chief Minister and HAM chief Jitan Ram Manjhi will have charge of Micro, Small and Medium Enterprises with Shobha Karandlaje as the Minister of State.

South ally and Janata Dal Secular chief HD Kumaraswamy has been put in charge of the Heavy Industries and Steel portfolios.

Key Bihar ally and LJP chief Chirag Paswan has been given charge of the Food Processing department.

Among the Ministers of State with Independent Charge, Dr Jitendra Singh is expected to be the busiest. A third-time Union minister from Jammu and Kashmir, he has been put in charge of multiple portfolios -- Science and Technology, Ministry of Earth Sciences, Personnel, Public Grievances and Pensions, Department of Atomic Energy, Department of Space and the Prime Minister's Office.

Arjun Ram Meghwal will have Independent charge of for Law and Justice and will also be the junior minister for Parliamentary Affairs.

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Agencies
March 19,2025

Kanpur (UP): The Uttar Pradesh Anti-Terrorism Squad on Wednesday arrested an employee of the Kanpur Ordnance Factory for allegedly sharing classified and sensitive information with a Pakistani intelligence operative through social media, according to a statement.

The accused, identified as Kumar Vikas, was employed as a Junior Works Manager at the Kanpur Ordnance Factory, the ATS said in the statement.

He was in contact with a suspected Pakistani agent who used the alias "Neha Sharma", it said. Investigations revealed that Vikas had been sending confidential documents and sensitive data related to ordnance manufacturing, employee attendance sheets, machine layouts, and production charts via WhatsApp.

On March 13, ATS arrested another Ordnance Factory employee, Ravindra Kumar, from Hazratpur, Firozabad, for similar offenses. His interrogation led ATS officials to Vikas, who had also been in contact with the suspected Pakistani agent since January 2025.

Authorities said the Pakistani agent introduced herself as an employee of Bharat Heavy Electricals Limited (BHEL) and initially contacted Vikas on Facebook. They later exchanged mobile numbers and continued their communication on WhatsApp.

To avoid detection, they used the Ludo gaming app for covert conversations, the statement read. Vikas was allegedly lured by financial incentives to pass on classified information, it said.

Kumar Vikas has been taken into custody and further legal proceedings are under way.

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News Network
April 1,2025

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As the new financial year begins, several significant financial and tax-related changes take effect from April 1, 2025. Many of these updates were announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025 and have now been officially approved as part of the Finance Bill 2025.

Some of the key changes include income tax exemption on annual earnings up to Rs 12 lakh, deactivation of UPI for long-unused mobile numbers, and suspension of dividend payouts for individuals who haven’t linked their PAN with Aadhaar. Below is a comprehensive look at all the important updates.

1. Income Tax Exemption & New Tax Slabs
Under the revamped tax regime:
✅ Individuals earning up to Rs 12 lakh per year will be completely exempt from income tax.
✅ For salaried employees, a standard deduction of Rs 75,000 raises the effective tax-free limit to Rs 12.75 lakh.
✅ To claim a rebate of up to Rs 60,000, taxpayers must file their returns on time.
✅ The new tax structure applies to income earned between April 1, 2025 – March 31, 2026, and will be reflected in ITR filings for FY 2025-26 (AY 2026-27).

2. Major Changes in TDS & TCS Rules
To provide tax relief and streamline transactions, several TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) amendments have been introduced:
🔹 TDS on bank interest for senior citizens has doubled from Rs 50,000 to Rs 1 lakh.
🔹 TDS on dividend income has increased to Rs 10,000.
🔹 TCS on overseas remittances under the Liberalised Remittance Scheme (LRS) has been raised from Rs 7 lakh to Rs 10 lakh.

3. UPI Deactivation for Inactive Mobile Numbers
The National Payments Corporation of India (NPCI) will start unlinking UPI IDs associated with inactive mobile numbers. If your number has been inactive for a long period:
🔸 Your bank may remove it from their records.
🔸 You could face disruptions in Google Pay, PhonePe, or any UPI-based transactions.
🔸 This change enhances security by preventing unauthorized access to old UPI-linked accounts.

4. New GST Rules
Several Goods and Services Tax (GST) updates take effect:
🔹 Multi-factor authentication (MFA) is now mandatory for logging into the GST portal, improving online security.
🔹 E-way bills can only be generated for documents issued within the last 180 days, ensuring better compliance.
🔹 Hotel room tariffs above Rs 7,500 per day are now classified as "Specified Premises," attracting an 18% GST on restaurant services.

5. Toll Tax Hike Across National Highways
From April 1, 2025, toll charges across various highways will increase:
🚗 Delhi-Meerut Expressway, NH-9: Toll for cars will rise by Rs 5 to Rs 170.
🚛 Trucks and buses will now pay Rs 580 on major highways.
🚗 Delhi-Jaipur Highway: The Kherki Daula toll plaza will maintain current rates for cars, but the monthly pass for larger vehicles will rise by Rs 20 to Rs 950.

6. End of Equalisation Levy on Digital Transactions
The Finance Act 2025 removes the Equalisation Levy, which previously imposed a 2% tax on e-commerce and 6% on online advertisements. This change aims to:
✅ Reduce tax burden on digital service providers.
✅ Attract foreign investments in India’s digital economy.

7. Positive Pay System for Cheque Payments
To prevent bank fraud, the Positive Pay System requires account holders to:
✅ Electronically submit cheque details for payments above Rs 50,000.
✅ Ensure the details match before the cheque is processed.

8. KYC Mandatory for Mutual Fund & Demat Accounts
🔹 KYC (Know Your Customer) verification is now compulsory for mutual fund and demat accounts.
🔹 Nominee details will also undergo re-verification to enhance security.

9. Major Credit Card Perk Reductions
Credit card users will see major perk reductions, particularly with SBI, IDFC First, and Axis Bank:
❌ SBI Cards will remove complimentary insurance coverage for accidents (Rs 50 lakh for air, Rs 10 lakh for rail).
❌ Reward points on SBI Cards will be slashed from 15% to just 5%.
❌ IDFC First Club Vistara cardholders will lose milestone benefits and Club Vistara Silver membership perks.
❌ Axis Bank is discontinuing Maharaja Club tier memberships and premium vouchers.

10. Minimum Balance Rules for Bank Accounts
📌 Major banks like SBI, PNB, and Canara Bank have updated their minimum balance requirements based on account location:
🏙 Urban branches will require higher minimum balances.
🏡 Rural and semi-urban accounts may have lower minimum balance thresholds.
🚨 Failing to maintain the required balance will result in penalty charges, varying by bank.

11. Unified Pension Scheme (UPS) for Government Employees
The Unified Pension Scheme (UPS), introduced in August 2024, takes effect:
✅ Central government employees under NPS can opt for UPS.
✅ Those with at least 25 years of service will receive 50% of their average basic salary as a monthly pension.

Final Thoughts

These changes, introduced as part of the Union Budget 2025, mark a significant shift in India's tax, banking, and digital transaction landscape. With higher tax exemptions, updated TDS & TCS rules, stricter banking security, and GST amendments, the new financial year aims to simplify compliance while improving financial security and economic efficiency.

Stay informed and ensure all necessary updates to your financial accounts to avoid disruptions.

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Agencies
March 26,2025

New Delhi: Leader of Opposition Rahul Gandhi on Wednesday claimed that he was not being given a chance to speak in the House which was being run in a "non-democratic style", and said Lok Sabha Speaker Om Birla had made "unsubstantiated" remarks about him.

Gandhi's remarks came after Birla asked him to follow the rules of procedure that members are expected to observe to uphold the dignity of the House. It was not immediately clear what was the reason for the Speaker to make the observation.

The former Congress president said the Speaker made remarks about him and then adjourned the House without giving him an opportunity to speak.

"The Speaker just got up and left. He did not allow me to speak a word. He was speaking about me, and I don't know what he said about me, all unsubstantiated. I said, 'let me speak as you have spoken about me', but he did not say a word and just left. He adjourned the House when there was no need of it," the former Congress president said.

About 70 Congress Lok Sabha MPs, including deputy leader of Lok Sabha Gaurav Gogoi, party general secretary KC Venugopal and party's whip in the Lok Sabha Manickam Tagore, met the Lok Sabha speaker and raised the "denial" of opportunity to Gandhi to speak in the House.

Speaking with reporters in Parliament House complex, Gandhi said there is a convention that the Leader of Opposition is allowed to speak, but whenever he gets up to speak, he is not allowed to speak.

"So, in what manner is this House being run? We are not being allowed to speak. I have not done anything, I was sitting quietly, I did not speak anything. In the last 7-8 days, I have not been allowed to speak," the Leader of Opposition in the Lok Sabha said.

In a democracy, the opposition has a place, and the government has its own place but here there is no place for the opposition, he alleged.

Gandhi said he wanted to speak on Maha Kumbh last week after Prime Minister Narendra Modi had made a statement on it but he was not allowed to speak.

"I wanted to state that it is good that Kumbh happened, and I wanted to speak about unemployment, but I was not allowed to speak. I don't know what thinking or approach does the Speaker have but the truth is we are not being allowed to speak. It (the House) is being run in a non-democratic style," Gandhi claimed.

Earlier, in his remarks, the Speaker said members are expected to conduct themselves in a manner that upholds the high standards and dignity of the House.

"Several instances have come to my notice where the conduct of members does not conform to the high standards," the Speaker said.

"In this House, father and daughter, mother and daughter, husband and wife have been members. In this context, I expect the Leader of the Opposition to conduct himself in accordance with Rule 349 that deals with rules to be observed by members in the House," the Speaker said.

"Especially, it is expected of the Leader of the Opposition to conduct himself as per the rules," the Speaker said.

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