Undisclosed Income Hits ₹30,444 Cr
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🗞️ RBI to Promote Rural Financial Literacy
NABARD and RBI have jointly set up 2,421 financial literacy centres across the country to boost rural financial awareness, especially among small farmers and self-help groups.
💬 Expert Take:
“One of the best moves to bring financial inclusion—and build trust among rural India.” — Dr. Sunita Rao, Rural Finance Specialist
🗞️ Income‑Tax Detects ₹30,444 Cr Undisclosed Income
The Income-Tax Department uncovered ₹30,444 crore of undisclosed income during FY25, based on 465 survey operations, indicating stronger enforcement efforts.
🗞️ ₹705 Cr VDA Tax Collected on VDAs
Income from Virtual/Digital Assets (VDAs) triggered ₹705 crore in taxes in FY23–24, reflecting growing adoption and formalization of the crypto ecosystem in India.
🗞️ Tax Arrears Mount to ₹54.5 Lakh Cr
As of June 30, ₹54.53 lakh crore remains unpaid in tax and interest by businesses and individuals, signaling deep structural issues in compliance and enforcement.
🗞️ Tata Power Pauses EV Charging Push
Tata Power has temporarily halted its public EV charging stations rollout amid disappointingly slow adoption of electric vehicles—a setback for India’s green mobility ambitions.
🗞️ India Post to End Registered Mail
Starting September 1, 2025, India Post will discontinue its registered post service, nudging users toward digital and courier alternatives.
🗞️ Stocks to Watch Today: Focus on NSDL, Airtel & More
As markets open, keep an eye on NSDL, Sri Lords, Bharti Airtel, Britannia, Lupin, Prestige Estates, and others could see momentum—headline announcements and RBI cues expected.
🗞️ All Eyes on RBI Ahead of August MPC
Investors await the August RBI MPC outcome, with key indicators including global trade tensions, credit growth, and inflation defining the central bank’s rate stance.
📊 Market Updates
📉 Sensex: 80,710.25 ▼ −308.47 (−0.38%)
📉 Nifty 50: 24,649.55 ▼ −66.20 (−0.27%)
💵 USD/INR: ₹87.83 (weakened, earlier touched ₹87.95)
🪙 Gold (24K): ₹10,223/gm (apx ₹1,02,230/10g)
🛢️ Brent Crude: ~$84.77/bbl (steady)