Next Gen Consulting

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  • GST Completes Nine Years, Marks Major Milestone in India’s Tax Reform Journey

    GST Completes Nine Years, Marks Major Milestone in India’s Tax Reform Journey

    New Delhi, June 30: The Goods and Services Tax (GST) has completed nine years, marking a major milestone in India’s indirect tax reform journey, officials and experts said.

    Over this period, GST has evolved into a more stable and collaborative tax framework between the Centre, States, industry, and institutions. The system today is seen as a mature and technology-driven ecosystem supported by continuous reforms, improved compliance mechanisms, and growing alignment with business practices.

    Key Changes and Evolution Over Nine Years

    Officials highlighted several major improvements since the rollout of GST:

    • Unified tax structure: Multiple indirect taxes were replaced with a single nationwide tax system, creating a common national market.
    • Digital-first system: End-to-end online filing, e-invoicing, and automated return processing have significantly reduced manual intervention.
    • Improved compliance: Technology-driven monitoring and data analytics have helped reduce tax evasion and improve transparency.
    • Faster refunds: Streamlined processes have improved refund timelines for exporters and businesses.
    • Frequent policy updates: Regular rate rationalisation and procedural changes have improved responsiveness to industry needs.
    • Broader tax base: Greater formalisation of the economy has expanded the taxpayer base over time.

    Stable and Collaborative Ecosystem

    Experts noted that GST has now become a stable collaborative platform involving governments, tax authorities, and businesses. This coordination has helped address implementation challenges and refine processes based on feedback from stakeholders.

    The regime is also increasingly aligned with modern business practices, with digital compliance systems reducing paperwork and improving efficiency for taxpayers.

    Outlook

    Officials said continued reforms, data-driven administration, and deeper digital integration are expected to further strengthen the GST framework in the coming years, making it more efficient, transparent, and taxpayer-friendly.

    The government reiterated its commitment to further simplifying processes and improving ease of compliance for businesses and individuals.

  • From Cannes to the House of Lords: Jaya Misra’s Global Fashion Journey Earns Prestigious Recognition

    From Cannes to the House of Lords: Jaya Misra's Global Fashion Journey Earns Prestigious Recognition

    London, June 30: Renowned celebrity fashion designer Jaya Misra, Founder and Creative Director of JAYA MISRA INDIA, was honoured at the prestigious 3rd Edition of the Bengal British Icon Awards held at the historic House of Lords, British Parliament, in recognition of her outstanding contribution to the world of fashion and her role in championing Indian craftsmanship on the global stage.

    Hosted by Baroness Uddin the event celebrated distinguished achievers from across the global South Asian diaspora whose work has created a lasting impact across industries and communities.

    The recognition comes at a defining moment in Jaya Misra’s illustrious two-decade-long career, following her recent debut at the Cannes International Red Carpet 2026. Representing Indian couture on one of the world’s most celebrated global platforms, Jaya captivated audiences with her contemporary interpretation of the saree, showcasing the richness of Indian heritage through intricate craftsmanship, pearls and refined couture detailing.

    Over the years, Jaya Misra has showcased her creations at leading international fashion destinations including Milan, New York, Dubai, Vancouver, Tokyo and Belgrade, earning widespread acclaim for seamlessly blending traditional Indian artistry with contemporary luxury fashion. Through her work, she continues to elevate Indian design and craftsmanship on the global fashion map.

    Speaking on the recognition, Jaya Misra, Founder and Creative Director, JAYA MISRA INDIA, said, “To be recognised at the House of Lords is both humbling and deeply meaningful. Coming so soon after my Cannes appearance, this honour feels like a celebration not just of my journey, but of the countless artisans, craftsmen and creative minds who keep India’s rich design legacy alive. Fashion, for me, has always been a bridge between heritage and the world, and I remain committed to taking Indian craftsmanship to newer global horizons.”

  • Nadda Praises PM Modi’s Push to Strengthen India’s Medical Education System

    New Delhi, June 30: BJP National President JP Nadda has lauded Prime Minister Narendra Modi’s vision and leadership in strengthening India’s health sector and medical education ecosystem.

    He said that under the Prime Minister’s leadership, the country has witnessed significant expansion in healthcare infrastructure, including an increase in medical colleges, medical seats, and improved access to quality healthcare services.

    Nadda noted that ongoing reforms have helped modernise the medical education system, improve healthcare delivery, and address the shortage of trained medical professionals across the country.

    He further stated that these initiatives are contributing to a stronger, more resilient health system capable of meeting the country’s growing healthcare needs.

    The BJP reiterated its commitment to supporting continued reforms and development in the health and medical education sectors under the leadership of Prime Minister Narendra Modi.

  • Indian Pickleball Association Unveils Official Jersey Ahead of Pickleball World Cup

    New Delhi, June 30: The Indian Pickleball Association (IPA) has officially unveiled the national team jersey ahead of the upcoming Pickleball World Cup.

    The new jersey has been designed to represent India’s sporting identity, unity, and competitive spirit as the national team prepares to compete on the global stage.

    According to officials, the unveiling marks a significant milestone in India’s preparations for the World Cup, reflecting the rapid growth of pickleball in the country and the increasing participation of athletes in the sport.

    The team is expected to undergo final preparations, including training camps and selection processes, ahead of the international tournament.

    The Indian Pickleball Association expressed confidence in the team’s readiness and reaffirmed its commitment to promoting the sport across the country.

  • Ancelotti’s Calm Leadership Inspired Brazil’s Comeback Win, Says Martinelli

    Rio de Janeiro, June 30: Brazil forward Gabriel Martinelli praised head coach Carlo Ancelotti’s calm approach after the team secured a spirited comeback victory in their FIFA World Cup match.

    Martinelli said the coach’s composure and clear communication played a key role in keeping the team focused during a difficult phase of the match. He added that Ancelotti’s leadership helped restore belief in the squad, which eventually turned the game around in Brazil’s favour.

    The Brazilian team showed strong resilience after going behind early, responding with improved coordination, attacking intent, and disciplined gameplay in the second half.

    Players and staff credited the team’s unity and tactical adjustments for the turnaround, highlighting the importance of staying composed under pressure in high-stakes tournament matches.

    The win strengthens Brazil’s position in the competition as they continue their campaign in the FIFA World Cup.

  • Sensex, Nifty End Lower as IT Stocks Weigh; Markets Track US–Iran Talks

    Mumbai, June 30: Indian equity benchmarks ended lower on Monday, weighed down by selling pressure in information technology stocks, while investors closely monitored developments around upcoming US–Iran talks.

    Market sentiment remained cautious throughout the session as weak performance in key IT counters dragged the broader indices. Analysts noted that profit booking and global uncertainty contributed to the decline.

    Investors also tracked geopolitical developments, particularly the scheduled US–Iran discussions, which are expected to influence global crude oil prices and broader risk sentiment in the coming days.

    Despite the downturn, selective buying was seen in some defensive and sector-specific stocks, helping limit deeper losses in the broader market.

    Market experts said volatility is likely to persist as global cues, currency movements, and geopolitical factors continue to shape investor sentiment.

  • Coal India Plans INR 1,900 Crore Investment in Research & Development by 2030

    New Delhi, June 30: State-owned Coal India Limited (CIL) has announced plans to invest around ₹1,900 crore in research and development (R&D) by FY30, aiming to strengthen innovation and modernise its operations.

    The investment is expected to focus on improving mining efficiency, adopting cleaner technologies, enhancing safety standards, and supporting sustainable coal production practices.

    The move comes as Coal India looks to align with long-term energy transition goals while maintaining its role as a key supplier of coal to the power sector.

    Officials said the R&D push will help the company integrate advanced technologies and improve productivity across its mining operations over the coming years.

  • India Shielded Consumers from Gulf Crisis: Ex-Petroleum Official

    New Delhi, June 30: India successfully shielded its consumers from the impact of the ongoing Gulf crisis through timely and well-planned energy management measures, a former senior petroleum official said.

    According to the official, proactive steps taken by the government, including diversification of crude oil sourcing, strategic petroleum reserves management, and efficient supply chain coordination, helped maintain stability in fuel availability and prices.

    The official noted that India’s energy security framework played a key role in minimizing disruptions despite global uncertainties arising from the Gulf situation. Coordinated efforts between policymakers, refiners, and distribution agencies ensured continuity in supply across the country.

    Experts added that India’s approach to energy management highlights the importance of long-term planning, international partnerships, and flexible procurement strategies in safeguarding consumers during global supply shocks.

    The remarks underline India’s growing resilience in managing external energy risks and maintaining stability in the domestic market.

  • Ravi Agrawal Reappointed CBDT Chairman for Six Months

    New Delhi, June 30: The Government of India has reappointed Ravi Agrawal as the Chairman of the Central Board of Direct Taxes (CBDT) for a period of six months, according to official sources.

    The extension of tenure is aimed at ensuring continuity in leadership and maintaining stability in the functioning of the direct tax administration. The CBDT plays a key role in framing policy for direct taxes and overseeing the Income Tax Department.

    Officials said the decision reflects the government’s focus on sustained implementation of ongoing tax reforms, improved compliance mechanisms, and efficient tax administration.

    During his continued tenure, the CBDT Chairman is expected to oversee key initiatives related to revenue collection, digital tax systems, and taxpayer services.

    Further administrative details will be issued by the concerned authorities in due course.

  • Odisha Plans Rapid Transport Corridor Linking Bargarh, Sambalpur and Veer Surendra Sai Airport

    Bhubaneswar (UDN): The Odisha government is planning to develop a Rapid Transport Corridor (RTC) connecting Bargarh, Sambalpur and Veer Surendra Sai (VSS) Airport at Jharsuguda to strengthen regional connectivity and support economic growth in western Odisha.

    Odisha Plans Rapid Transport Corridor Linking Bargarh, Sambalpur and Veer Surendra Sai Airport

    Representational image

    The proposed corridor aims to provide faster, safer and more efficient transportation between the key urban centres and the airport, significantly reducing travel time for commuters, tourists and businesses. The project is expected to improve access to the region’s commercial, industrial and educational hubs while enhancing last-mile connectivity to the airport.

    Official sources said the initiative is part of the state’s broader strategy to develop modern transport infrastructure and facilitate balanced regional development. Once implemented, the corridor is expected to boost trade, tourism, investment and employment opportunities across western Odisha.

    The proposed transport network is also expected to benefit passengers travelling to and from Veer Surendra Sai Airport by providing seamless connectivity with major towns in the region. Authorities are examining various options for the corridor, including route alignment, mode of transport and implementation strategy.

    The government is expected to undertake detailed feasibility studies and prepare a comprehensive project report before the project is taken up for execution. Officials said the initiative reflects the state’s commitment to expanding world-class transport infrastructure and improving mobility for the people of western Odisha.