Foreign Asset Disclosure Scheme 2026: From budget proposal to rollout – what residents and NRIs need to know

The Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 has moved from Budget proposal to implementation. This article explains its two categories, tax and fee implications, eligibility for resident and present non-resident taxpayers, the ₹20 lakh threshold, and key considerations for reviewing past foreign-asset reporting lapses under the Income-Tax Act, 1961 and the Black Money…

Antyodaya on a plate: An idea that feeds a nation

Delhi government launched Atal Canteens to combat hunger across the capital. These canteens offer nutritious meals twice daily for a nominal five rupee charge. Over one hundred canteens are now operational, serving more than one lakh meals each day. Strict quality control measures are in place to ensure food safety and standards. This initiative reflects…

India’s AI prowess is hiding in plain sight – on CCTV

Indian AI firms are developing practical systems for real-world physical environments. These companies train machines to understand factories, airports, and retail locations. Specialized models solve niche problems like rodent detection and guard firearm identification. This work focuses on collecting data and fine-tuning models for specific use cases. The trend highlights a significant shift in India’s…